First Cobalt today announced it once again produced a battery grade cobalt sulfate using its refinery flow sheet but this time with a different feed source. This latest milestone demonstrates versatility of the Company's permitted Canadian refinery and its ability to become North America's only producer of cobalt sulfate for the electric vehicle [...]
First Cobalt Corp. today provided an update on its refinery feasibility study and commented on its business plan in light of recent market developments. HIGHLIGHTS Refinery studies nearing completion, including a prefeasibility study for a restart of the First Cobalt Refinery and a definitive feasibility study for an expansion scenario Offtake [...]
TSX.V: FCC OTCQX: FTSSF First Cobalt Corp. is pleased to announce that President & Chief Executive Officer, Trent Mell will be presenting at the annual Prospectors & Developers Association of Canada conference at the Metro Toronto Convention Centre in Toronto. Mr. Mell's presentations are taking place on Monday, March 2, 2020 at the following [...]
In the news release, "First Cobalt Completes $2.1 Million Private Placement," issued earlier today by First Cobalt Corp. over CNW, we are advised by the company that an additional sentence at the end of the first paragraph naming Ausenco Engineering as an investor has been added. The complete, corrected release follows: First Cobalt Completes $2.1 [...]
First Cobalt Corp. is pleased to announce the closing of an upsized non-brokered private placement previously announced on January 22, 2020 for gross proceeds of $2,113,030. In connection with closing, the Company has issued 15,093,074 units at a price of $0.14 per Unit. Each Unit consists of one common share in the capital of the Company and one [...]
First Cobalt Corp. is pleased to announce that it has increased its previously announced non-brokered private placement to accommodate demand. The offering has increased to 14,300,000 units of the Company at a price of $0.14 per Unit for gross proceeds of approximately $2,000,000 . The Company expects to close the Offering on February 5, 2020. Each [...]
First Cobalt Corp. is pleased to announce a non-brokered private placement of up to 10,715,000 units of the Company at a price of $0.14 per Unit for gross proceeds of up to $1,500,000 . The Company has received a commitment from a strategic investor to subscribe for $750,000 of the Units in the Offering. Each Unit issued pursuant to the Offering [...]
First Cobalt Corp. is pleased to announce a new high-grade mineral resource estimate for the Iron Creek Project in Idaho, USA. In 2019, First Cobalt completed an infill drill program focused on converting Inferred Resources to Indicated Resources, resulting in a 49% conversion to the Indicated category and a 12% increase in contained cobalt metal [...]
First Cobalt Corp. announced today that in connection with services rendered for the quarter ended December 31, 2019, the Company has issued 326,657 Deferred Share Units to directors. In accordance with the Company's Amended and Restated Long-Term Incentive Plan, the DSUs were priced based on yesterday's closing price of the Company's common shares [...]
First Cobalt Corp. today provided an update on its feasibility study to recommission and expand its Canadian cobalt refinery in partnership with Glencore AG. HIGHLIGHTS On schedule for Q1 2020 completion of a prefeasibility study for a 12 tonnes per day restart and a second definitive feasibility study for a 55 tpd expansion scenario Field [...]
First Cobalt Corp. is pleased to announce that President & Chief Executive Officer, Trent Mell will be presenting at Benchmark Minerals Cathodes Conference on Wednesday, November 13, 2019 at 11:15 am at The Ritz-Carlton, Marina del Rey in California. Mr. Mell will be available for one-on-one meetings throughout the conference to discuss the [...]
First Cobalt Corp. is pleased to announce high grade cobalt assays up to 0.48% cobalt from surface samples taken at a target 1.5 kilometres to the south of the Company's Iron Creek Project in the Idaho Cobalt Belt, USA. Additional work will seek to determine if this area is an extension of Iron Creek mineralization or a new parallel horizon [...]
