VANCOUVER, British Columbia, Feb. 02, 2018 -- Bankers Cobalt Corp. announces that it has entered into an agreement to earn up to a 70% interest in six additional concessions in the southern Democratic Republic of Congo Copperbelt. Bankers now has a total of 26 concessions with potential for cobalt and copper in the DRC with a total area of more than 391 km². Bankers has one of the largest DRC cobalt and copper [...]
British Columbia, Feb. 01, 2018 -- Bankers Cobalt Corp. announces that Mr. David Frances, a member of the Advisory Board, has agreed to act as a Special Advisor to the Bankers Board of Directors. Kevin Torudag, President of Bankers’ DRC operating subsidiary stated: “Bankers is extremely pleased to announce David Frances has agreed to act as Special Advisor to our Board of Directors, representing an increase in [...]
British Columbia, Jan. 25, 2018 -- Bankers Cobalt Corp. announces the closing of its fully subscribed non-brokered private placement of units of the Corporation for gross proceeds of CAD $365,000 . In connection with the closing of the Financing, which was initially announced on January 16, 2018, Bankers issued 663,636 Units at a price of $0.55 per Unit with each Unit comprising of one common share in the capital of the [...]
British Columbia, Jan. 19, 2018 -- Bankers Cobalt Corp. announces that Mr. Grant Dempsey has been appointed to the Advisory Board of the Corporation. Kevin Torudag, President of Bankers DRC operating subsidiary stated: “We are delighted and honoured that Grant Dempsey will be joining our Advisory Board. Grant is one of the most experienced and respected senior mining executives in the DRC. Grant’s insight and [...]
British Columbia, Jan. 16, 2018 -- Bankers Cobalt Corp. announces that it intends to complete a non-brokered fully subscribed private placement of 663,636 units at a price of $0.55 per unit for aggregate proceeds of CAD $365,000. Each unit will consist of one common share of the Corporation and one common share purchase warrant . Each Warrant will be exercisable into one common share of the Corporation at an exercise [...]
British Columbia, Jan. 04, 2018 -- Bankers Cobalt Corp. announces that it has entered into an agreement to earn up to a 70% interest in six additional concessions in southern DRC Copperbelt. Bankers now has a total of 20 concessions with potential for cobalt and copper in the DRC and having a total area more than 297 km². Bankers now has one of the largest DRC exploration land packages held by a junior mining [...]
British Columbia, Dec. 19, 2017 -- Bankers Cobalt Corp. announces that it has commenced the planned drilling program at the Kabolela concession located near Kambove, north of Likasi, in the southern DRC Copperbelt. There are currently six diamond core drill holes planned for the Kabolela concession. The drill holes will test the depth continuation of exposed copper mineralization. At surface, copper oxides occur in [...]
British Columbia, Dec. 18, 2017 -- Bankers Cobalt Corp. is pleased to announce that Kin Communications Inc. has been engaged to provide investor relations services to the Corporation. Kin Communications is one of Canada’s leading full-service investor relations firms, based in Vancouver and owned by President & CEO Arlen Hansen. Kin will assist Bankers in increasing public awareness by managing the [...]
Bankers Cobalt Corp. announces the closing of its non-brokered private placement previously announced in the Corporation's news release dated November 16, 2017 . Due to heavy demand, Bankers increased the financing from 15,000,000 units for aggregate proceeds of CAD $6,000,000 to 17,500,000 units for aggregate gross proceeds of CAD $7,000,000. Each unit was priced at CAD $0.40 and consisted of one common share of the [...]
Bankers Cobalt Corp. announces that it intends to complete a non-brokered private placement of up to 15,000,000 units at a price of $0.40 per unit for aggregate proceeds of up to CAD $6,000,000. Each unit will consist of one common share of the Corporation and one common share purchase warrant . Each Warrant will be exercisable into one common share of the Corporation at an exercise price of $0.60 per common share for a [...]
Bankers Cobalt announces that it has closed the previously announced acquisition of Katanga Cobalt Corp. The acquisition was completed pursuant to the terms of a previously executed Amalgamation Agreement between Bankers, Katanga and a subsidiary of Bankers, under which Subco amalgamated with Katanga. In connection with the Transaction, Bankers issued to the shareholders of Katanga: a total of 64,137,327 common shares of [...]
Bankers Cobalt provided an update on the ongoing activities of Katanga Cobalt in the Democratic Republic of Congo ("DRC"). The Corporation announced in a news release dated October 12th, 2017, that it and its special purpose subsidiary have entered into a definitive amalgamation agreement with Katanga dated October 6, 2017 under which Bankers will acquire Katanga through the amalgamation of Subco and Katanga (the [...]
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