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Electra Battery Materials ELBM
(Total Views: 294)
Posted On: 12/01/2017 7:18:23 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Closes Strategic Merger with Cobalt One Limited

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) announced the closing of its strategic merger with Cobalt One Limited, as well as key restructuring of its Board of Directors to include Paul Matysek, Robert (Bob) Cross and Jason Bontempo. First Cobalt now is the largest land owner in the Ontario-based Cobalt Camp and owns the only cobalt refinery in North America permitted to produce battery materials. In conjunction with the transaction, President & Chief Executive Officer Trent Mell commented, “Over a very short period we have created the largest cobalt exploration company in the world, controlling almost half of what we believe may be the most prospective cobalt district outside of the DRC. We intend to pursue an aggressive exploration program in 2018 while continuing to assess other growth opportunities. I am very pleased to welcome Paul, Bob and Jason to the Board of Directors.”

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