NetworkNewsBreaks – First Cobalt Corp. (TSX.V: F
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Posted On: 11/22/2017 6:45:02 PM
NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Proposed Three-Way Merger Approved by CobalTech Mining, Inc. (TSX.V: CSK) Shareholders
First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that the company’s proposed three-way merger has been approved by shareholders of CobalTech Mining (TSX.V: CSK) with 95% of votes cast in favor. This news comes just two days after the company announced that Cobalt One Ltd. (ASX: CO1) shareholders also approved the merger. “We now have approval from CobalTech and Cobalt One shareholders to finalize the three-way merger and we look forward to closing both transaction over the next 2 weeks. First Cobalt now controls approximately 45% of the prospective land in the Cobalt Camp. This historic mining camp has never seen the required land consolidation to permit district-scale exploration and we will remain very active in 2018,” First Cobalt president & chief executive officer Trent Mell stated in the news release.
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First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that the company’s proposed three-way merger has been approved by shareholders of CobalTech Mining (TSX.V: CSK) with 95% of votes cast in favor. This news comes just two days after the company announced that Cobalt One Ltd. (ASX: CO1) shareholders also approved the merger. “We now have approval from CobalTech and Cobalt One shareholders to finalize the three-way merger and we look forward to closing both transaction over the next 2 weeks. First Cobalt now controls approximately 45% of the prospective land in the Cobalt Camp. This historic mining camp has never seen the required land consolidation to permit district-scale exploration and we will remain very active in 2018,” First Cobalt president & chief executive officer Trent Mell stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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