Electra Battery Materials Corp.

First Cobalt Corp. reported its financial results for the year ended December 31, 2020. The Company closed 2020 making significant progress against its vision to produce the most sustainable battery materials and entered 2021 poised for growth and execution. 2020 in Review The 2020 fiscal year was a turning point in the history of First Cobalt, as [...]

First Cobalt Corp. today announced the appointment of Michael Insulan as Vice-President, Commercial. In this capacity, Michael will have overall responsibility for marketing of the Company's refined cobalt sulfate production to electric vehicle manufacturers and battery cell makers. He will also be responsible for marketing recycled cobalt, nickel [...]

First Cobalt Corp. is pleased to announce that it has entered into an exclusivity agreement with a leading financial institution for US$45 million in debt financing to fund the capital cost relating to the recommissioning and expansion of the First Cobalt Refinery. The exclusivity period provides the basis for which the Lender will complete its [...]

First Cobalt Corp. today announced that it signed a flexible, long-term, offtake agreement with Stratton Metal Resources Limited for the sale of future cobalt sulfate production from the First Cobalt Refinery located in Ontario, Canada. Highlights First Cobalt will have the option to sell up to 100% of its annual cobalt sulfate production to [...]

First Cobalt Corp. ; today announced that it has entered into a loan amendment agreement with Glencore AG on March 25, 2021 to repay an existing loan of approximately US$5.5 million of debt by issuing common shares of the Company. The common shares to be issued to Glencore in connection with the repayment of the loan represents approximately 4.8 [...]

First Cobalt Corp. is pleased to announce that it has received a further $1.92 million in cash proceeds from warrants subsequent to an acceleration notice provided to holders on February 23, 2021. Under the terms of the warrants issued as part of the Company's March 2019 and February 2020 private placements, the Company provided holders with notice [...]

First Cobalt Corp. is pleased to announce that it has completed its transaction with Kuya Silver Corporation to sell a portion of its exploration assets in the Canadian Cobalt Camp and form a joint venture to advance the remaining mineral assets. Kuya has acquired a 100% interest in the properties located in the historic Kerr silver district along [...]

First Cobalt Corp. is pleased to announce that a geophysical survey of its Iron Creek cobalt-copper deposit in Idaho, USA has identified several new drill targets. Data provides further support for a resumption of drilling to expand the Iron Creek deposit and test new targets over a 2-kilometer radius within the Property. Highlights: High [...]

First Cobalt Corp. is pleased to announce that is has established an at-the-market equity program that allows the Company to issue up to $10,000,000 of common shares from treasury to the public from time to time, at the Company's discretion. Sales of Common Shares, if any, under the ATM program are anticipated to be made in transactions that are [...]

First Cobalt Corp. today announced that it has begun a study of black mass material from recycled batteries as a supplemental source of feed for its hydrometallurgical refinery located north of Toronto. The Company believes the Refinery could recover cobalt, nickel, copper and potentially lithium and manganese, in addition to planned cobalt [...]