Carbon footprint 50% lower than benchmark cobalt facility First Cobalt Corp. is demonstrating its commitment to fighting climate change by releasing results of a life cycle assessment affirming the low carbon footprint of its Canadian Refinery. The report concludes that the environmental impacts associated with refining cobalt at First Cobalt's [...]
First Cobalt Corp. today announced the resumption of exploration activities at its Iron Creek cobalt-copper deposit in Idaho, USA. As the cobalt market continues to strengthen, the Company is commencing geophysical surveys to trace extensions of mineralization and follow up on geophysical anomalies detected by previous work. Highlights Objective is [...]
First Cobalt Corp. today provided an update on its ongoing engineering studies for its permitted cobalt refinery in Ontario, Canada. The Company now estimates operating costs of $2.36 per pound of cobalt produced, which represents a 13% reduction that improves refinery margins, enhances project economics, and further solidifies the Refinery's [...]
First Cobalt Corp. President & CEO Trent Mell released the following statement in response to Tesla Battery Day announcements: On Tesla's Plans to Make its Own Batteries If you don't control your battery technology and raw materials supply chain, you will get left behind. Simply put, the supply of EVs will grow too quickly for mines, refiners and [...]
First Cobalt Corp. President & CEO Trent Mell released the following statement in response to Tesla Battery Day announcements: On Tesla's Plans to Make its Own Batteries If you don't control your battery technology and raw materials supply chain, you will get left behind. Simply put, the supply of EVs will grow too quickly for mines, refiners and [...]
Strengthens the Company's position as an ESG business First Cobalt Corp. is pleased to announce that it has taken steps to strengthen its commitment to becoming a globally competitive player in the North American electric vehicle supply chain by joining the Critical Materials Institute as a Full Team Member. This development further underscores [...]
In the news release, First Cobalt Completes $2.5 Million Private Placement, issued 28-Aug-2020 by First Cobalt Corp. over CNW, we are advised by the company that the price per Unit in the first paragraph should read $0.14 rather than $0.16 as issued inadvertently. Additionally, an amendment has been made in the fifth paragraph to indicate that the [...]
First Cobalt Corp. is pleased to announce the closing of a non-brokered private placement previously announced on August 11 and 18, 2020 for gross proceeds of $2,510,010. In connection with closing, the Company has issued 8,225,000 units of the Company at a price of $0.16 per Flow-Through Unit for gross proceeds of approximately $1.3 million and [...]
First Cobalt Corp. is pleased to announce the results from its Annual and Special Meeting of Shareholders held yesterday. Detailed results of the vote for the election of directors are set out below. Nominee Votes For % For Votes Withheld % Withheld Garett Macdonald 29,281,949 97.6% 716,424 2.4% Trent Mell 28,620,594 95.4% 1,377,779 4.6% CL "Butch [...]
First Cobalt Corp. is pleased to announce that it has increased its previously announced non-brokered private placement from $2 million to $2.5 million to accommodate demand. The offering will consist of an aggregate of 8,225,000 units of the Company at a price of $0.16 per Flow-Through Unit for gross proceeds of approximately $1.3 million and an [...]
First Cobalt Corp. today announced the appointment of Mark Trevisiol as Vice-President, Project Development. In this capacity, Mark will have overall responsibility for the recommissioning and expansion of the First Cobalt Refinery located in Canada. Mark Trevisiol is a professional engineer with 30 years of experience in mineral processing [...]
First Cobalt Corp. is pleased to announce a $2 million non-brokered private placement consisting of an aggregate of 6,250,000 units of the Company at a price of $0.16 per Flow-Through Unit for gross proceeds of $1 million and an aggregate of 7,142,857 units of the Company at a price of $0.14 per Unit for gross proceeds of $1 million . Each [...]