M2 Cobalt is pleased to provide an update on its initial phase of exploration in Uganda, where the Company holds 1,564 km2 of exploration licenses highly prospective for cobalt and related minerals. The ELs are in two distinct areas which the Company refers to as Bujagali, located in south-central Uganda, and its Kilembe Properties, which are close [...]
M2 Cobalt is pleased to announce that it has appointed Mahendra Naik as an Advisor to the Board of Directors of the Company with immediate effect. Mr Naik is a Chartered Professional Accountant and was one of the founding directors and key executives who started IAMGold. As Chief Financial Officer of IMAGOLD from 1990 to 1999, he was involved in [...]
M2 Cobalt is pleased to announce that it has commenced its exploration program and has mobilized crews to its Bujagali and Kilembe properties. The exploration licenses making up these properties are located in the Republic of Uganda and span approximately 1,564 square kilometers . Teams have now been mobilized to both properties with the launch of [...]
M2 Cobalt is pleased to announce that, pursuant to the Option Agreement it entered into with Caamo Capital Corp. and Gino Chitaroni, details of which were announced on June 1, it has exercised the option to acquire approximately 2,400 additional hectares, contiguous with, and surrounding, its Silverside Cobalt Property. Pursuant to the Option [...]
M2 Cobalt is pleased to announce that trading has resumed in its common shares. This follows the successful completion of the acquisition of a series of seven exploration licenses located in the Republic of Uganda spanning approximately 1,564 square kilometers of land highly prospective for cobalt and related minerals and an associated $8,500,000 [...]
M2 Cobalt is pleased to announce that it has completed the acquisition of a series of seven exploration licenses located in the Republic of Uganda spanning approximately 1,564 square kilometers, as well as all of the outstanding share capital of 1126302 B.C. Ltd. The exploration licenses acquired by the Company are comprised of the Bujagali [...]
M2 Cobalt has closed its previously announced non-brokered private placement of subscription receipts for gross proceeds of $8,500,000. Market interest in the offering was strong and greatly exceeded the Company's minimum offering of $4,000,000. On closing of the offering, the Company issued 17,000,000 Receipts at a price of $0.50 per Receipt. The [...]
M2 Cobalt is pleased to announce that it has entered into a series of definitive purchase agreements with 1126302 B.C. Ltd., each of the shareholders of 1126302, 0972697 B.C. Ltd., Manuforty Holding Company Limited, and each of their respective subsidiaries, each arms length parties to the Company. The Definitive Agreements replace the letter of [...]
Accend Capital is pleased to announce that effective at the open of markets on Wednesday, November 29th, it will change its name to "M2 Cobalt Corp." To better align with the new name, the Company's ticker symbol will change to "MC". Trading in the Company's common shares will remain halted pending further filings with the Exchange in connection [...]
Accend Capital is pleased to announce that it has entered into a binding letter of intent to acquire seven exploration licenses in the Republic of Uganda spanning approximately 1,564 km2 of land highly prospective for cobalt, as well as copper and nickel. The Company intends to launch an extensive exploration program with the goal of discovering [...]
Accend Capital is pleased to announce that it has completed its acquisition of the Silverside cobalt property which constitutes the Company's "Qualifying Transaction" in accordance with TSX Venture Exchange Policy 2.4 — Capital Pool Companies. The Property consists of a series of mineral claims covering approximately 384 hectares in Lundy Township [...]
Accend Capital is pleased to announce that it has received conditional acceptance of the TSX Venture Exchange for its proposed acquisition of the Silverside cobalt property. The Transaction constitutes a "Qualifying Transaction" for the Company under Exchange Policy 2.4 - Capital Pool Companies, and includes an option to acquire a further 2,400 [...]