Cobalt 27 Capital Corp. and Pala Investments Limited are pleased to announce the completion of the previously-announced plan of arrangement under the Business Corporations Act which provided for the acquisition by Pala of 100% of Cobalt 27's issued and outstanding common shares, and the creation of Conic Metals Corp. The Arrangement was approved by [...]
Cobalt 27 Capital Corp. is pleased to announce that it expects the completion of the previously-announced plan of arrangement under the Business Corporations Act to occur during the morning of October 25, 2019. The Arrangement provides for the acquisition by Pala of 100% of Cobalt 27's issued and outstanding common shares, and the creation of a new [...]
Cobalt 27 Capital Corp. announced today that the Supreme Court of British Columbia issued a final order approving the previously-announced statutory plan of arrangement under the Business Corporations Act pursuant to which Pala Investments Limited will acquire 100% of Cobalt 27's issued and outstanding common shares. Under the Arrangement, each [...]
Cobalt 27 Capital Corp. is pleased to announce that, at today's annual general and special meeting of shareholders, Cobalt 27 shareholders have approved the arrangement resolution under which Pala Investments Limited will acquire 100% of Cobalt 27's issued and outstanding common shares by way of a plan of arrangement under the Business Corporations [...]
Cobalt 27 Capital Corp. announces today that in connection with the previously announced plan of arrangement among Cobalt 27, Pala Investments Limited and 1212771 B.C. Ltd, the Company hereby provides notice that the Company's application for a final order approving the Arrangement and declaring it to be fair and reasonable to shareholders of the [...]
Cobalt 27 Capital Corp. is pleased to announce that, following a review of the amendment to the previously announced arrangement agreement, Institutional Shareholder Services Inc. and Glass, Lewis & Co., two leading independent proxy advisory firms, have both recommended that the Company's shareholders vote FOR the plan of arrangement between [...]
Cash portion of acquisition price increased to C$4.00 per share from C$3.57 per share, representing an additional C$30 million of cash consideration Pala confirms these improved terms are its best and final offer Cash change of control payments reduced by 46% Termination fee in the event of a superior proposal reduced by 50% Continued repayment of [...]
TSX Venture: KBLT OTCQX: CBLLF FRA: 27O Cobalt 27 Capital Corp. announced today that its annual general and special meeting of shareholders , which was previously scheduled for September 23, 2019, has been postponed and rescheduled to October 10, 2019 at 10:00 a.m. . The record date of the Meeting will remain August 12, 2019 and the location of [...]
Cobalt 27 Capital Corp. announced today that its annual general and special meeting of shareholders , which was previously scheduled for September 12, 2019, has been postponed and rescheduled to September 23, 2019 at 10:00 a.m. . The record date of the Meeting will remain August 12, 2019 and the location of the Meeting will remain the offices of [...]
Cobalt 27 Capital Corp. , is pleased to announce quarterly production results from its 8.56% direct equity interest in the world class Ramu integrated nickel and cobalt operation . In the quarter ending June 30, 2019 Ramu produced 22,490 tonnes of mixed hydroxide product containing 8,767 tonnes of Ni and 793 tonnes of Co. Year to date production [...]
Special meeting of shareholders to approve the Arrangement to be held on September 12, 2019 Shareholders are encouraged to vote well in advance of the voting deadline of September 10, 2019 at 10:00 a.m. Cobalt 27 Board and Special Committee unanimously recommend that shareholders vote in favour of the Arrangement ISS has recommended that [...]
Shareholders are encouraged to vote well in advance of the voting deadline on September 10, 2019 at 10:00 a.m. Shareholders who have questions or need help voting can contact Kingsdale Advisors at +1.888.518.6554 , at +1.416.867.2272 , or by email at contactus@kingsdaleadvisors.com Cobalt 27 Capital Corp. is pleased to announce that Institutional [...]