First Cobalt is pleased to announce completion of the previously announced merger with CobalTech Miningby way of plan of arrangement. Pursuant to the arrangement, CobalTech shareholders will receive 0.2632 of a common share of First Cobalt for each CobalTech share held and CobalTech will become a wholly-owned subsidiary of First Cobalt. All [...]
First Cobalt is pleased to announce shareholders of CobalTech Mining have approved the merger with First Cobalt, with 95% of votes cast in favour. Trent Mell, President & Chief Executive Officer, commented: “We now have approval from CobalTech and Cobalt One shareholders to finalize the three-way merger and we look forward to closing both [...]
First Cobalt is pleased to report high grade cobalt from muckpile sampling at the historic Silver Banner mine at the northern part of the Cobalt Camp in Ontario. These results make Silver Banner an attractive drilling target for 2018 as it confirms the presence of a productive vein system in the underexplored mafic volcanic rocks, similar to that [...]
First Cobalt is pleased to report high grade cobalt and copper assays in sulphide-style mineralization at the past producing Drummond mine near Cobalt, Ontario. These results have enhanced the prospectivity of this area for further exploration and drilling following the completion of the mergers with CobalTech Mining and Cobalt One. Highlights Grab [...]
First Cobalt announces the commencement of prospecting and structural mapping on properties owned by Cobalt One and CobalTech Mining, the results of which will be used to plan a winter drill program for the consolidated land package in Ontario. Highlights Cobalt One and CobalTech have provided property access to First Cobalt's exploration team in [...]
First Cobalt and CobalTech Mining are pleased to announce that, following the signing of a binding letter of intent June 23, 2017, they have entered into a definitive merger agreement. Highlights: Creates a leading pure-play cobalt exploration company with a portfolio of high quality exploration assets, 11 former producing mines and a mill facility [...]
]CobalTech Mining, reports that as a result of a review by the British Columbia Securities Commission we are issuing the following news release to clarify our disclosure. Non Compliant Historical Estimate In its January 2017 Fact Sheet and Presentation the Company disclosed a historic tonnage and grade estimate for the stockpiles on the Duncan Kerr [...]
First Cobalt and CobalTech Mining are pleased to announce that following the non-binding letter of intent announced on June 21, 2017, both parties subsequently signed a binding letter of intent on June 23, 2017, pursuant to which First Cobalt intends to acquire all of the issued and outstanding common shares of CobalTech by way of a court approved [...]
CobalTech Mining announces that it intends to commence legal proceedings seeking damages and a proprietary interest in a refinery located in North Cobalt, Ontario, owned by 36569 Yukon Inc. On April 26, 2017, Equator Resources announced that it had entered into an asset purchase agreement with Yukon and its parent company, Yukon Refinery AG in [...]
CobalTech Mining announces the results of its shareholders' annual general meeting held on April 28, 2017. Management nominees Bruce Bragagnolo, Antoine Fournier and Erik Ostensoe were elected at the meeting. Subsequent to the meeting, the Board of Directors appointed Alexander Peter Tsakumis as a director of the Company to fill a vacancy. The [...]
CobalTech Mining announces that Bruce Bragagnolo has been appointed as the CEO of the Company and former CEO Mr. Antoine Fournier has been appointed as Vice President of Exploration. Mr. Bragagnolo is the former CEO and co-founder of Timmins Gold and Silvermex Resources, and has extensive experience in all sectors of the mining industry including [...]
CobalTech Mining announces that, further to its news release dated February 21 2017, the letter of intent between the Company and 36569 Yukon Inc. for the purchase of the Yukon Refinery has been terminated following a breach by the Vendor. The Company will be considering all of its legal options in order to protect its interests. CobalTech Mining [...]
