NetworkNewsBreaks – First Cobalt Corp. (TSX.V: F
Post# of 163
First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced the release of its 2018 corporate video on the company’s website and social media sites. In the video, president and CEO Trent Mell discusses the company’s vision for 2018, including a three-point approach for the year. The first point encompasses the company’s plan to focus on growth through strategic acquisitions, which it has demonstrated through its previously announced merger with US Cobalt Inc. (TSX-V: USCO) (OTCQB: USCFF). The acquisition remains subject to regulatory approvals and is expected to close by the end of May 2018. Secondly, First Cobalt plans to create shareholder value through exploration of the Canadian Cobalt Camp. A potential zone of cobalt mineralization that can be tracked across more than 100 meters has recently been indicated in the Cobalt North area of the Cobalt Camp. Lastly, the company intends to capitalize on early cash flow opportunities in the Cobalt Camp. First Cobalt is currently evaluating whether the mill facility can be moved and reactivated at the permitted First Cobalt Refinery Complex to produce early cash flow from the production of a saleable concentrate.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer