Cobalt 27 Capital announces that it has entered into a number of contracts and arrangements which in aggregate constitute a "change of business" under TSX Venture Exchange Policy 5.2. Specifically, the Company: 1. has appointed Scotia Capital Inc., Canaccord Genuity Corp. and TD Securities Inc. as lead underwriters and joint bookrunners to raise [...]
Arak Resources is pleased to announce certain corporate changes, which includes a forward split, new management and a new name. The Company announces that it will change its name to Cobalt 27 Capital Corp. to better reflect the new direction of the Company in its search for new opportunities in the battery metals sector. The Company is very pleased [...]
Arak Resources announces the resignation of Benjamin Hill as a director, and the appointment of Dr. Jonathan Hykawy as his replacement. The Company would like to thank Mr. Hill for time and attention given to the Company over the years. Dr. Hykawy was trained as an experimental physicist and worked at some of the most prestigious laboratories in [...]
Arak Resources is pleased to announce that it has completed its previously announced private placement of 4,634,000 units raising gross proceeds of $650,020. Each Unit consists of one common share and one share purchase warrant of the Company. Each Warrant permits the holder thereof to purchase, until March 21, 2022, one additional Share at $0.18 [...]
Arak Resources wishes to announce, subject to Exchange approval, a non-brokered private placement of up to 4,643,000 Units at a price of $0.14 per Unit. Each Unit of the private placement consisting of one, post-consolidated common share and one, five year share purchase warrant entitling the holder to purchase an additional post-consolidated [...]
Arak Resources wishes to announce that the Company will seek TSX Venture Exchange approval to consolidate its current common shares without par value on a ten (10) current common shares into one (1) new post-consolidated share. The Company currently has 12,201,269 shares issued, post consolidation the Company will have 1,220,127 common shares [...]
Arak Resources wishes to announce the resignations of Mr. Michael Shmazian, director of the Company, and the resignation of Mr. James Henderson as a director and the Company's Chief Financial Officer. The Board would like to thank Messrs. Shmazian and Henderson for their service to the Company and wish them much success in their future endeavours [...]
