Tag: First Cobalt
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First Cobalt (FCC.V) to acquire US Cobalt (USCO.V) in friendly takeover
We’ve been saying it for a while now, but First Cobalt (FCC.V) is a straight up mega beast, and today’s news, that they’ll be taking out US Cobalt (USCO.V) is further evidence of that. It’s not often you can put together a family tree for a smallcap company, but here’s how it stacks up for…
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Here is what First Cobalt (FCC.V) will do with its $30 million war chest
On December 21, 2017, First Cobalt (FCC.V) announced completed financing on a bought deal basis. A “bought deal” indicates that an investment bank or brokerage firm buys the entire offering, intending to sell the shares later to other investors. The under-writing institution is taking a risk. If there are no buyers, a gaggle of in-house…
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First Cobalt (FCC.V) just caught the mother of all tail winds
Imagine you are a diabetic and every day you are forced to walk through a crime invested neighborhood to get the insulin you need to survive. In this neighborhood, people frequently get mugged. But you are not the victim. The victim is your insulin dealer, who happens to be an 8-year-old child. This is the…
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First Cobalt (FCC.V) couldn’t wait for the starting gun.
On October 24, 2017 First Cobalt (FCC.V) announced that prospecting and structural mapping will begin on the land package soon to be consolidated by FCC, Cobalt One (CO1.ASX) and CobalTech Mining (CSK.V). Although shareholders have not formally ratified the deal, FCC has been given permission by CO1 and CSK to march onto their land and…
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First Cobalt (FCC.V) just kicked it up a notch
Three months ago, First Cobalt (FCC.V) made this statement about its Greater Cobalt Project in Ontario, Canada: “[We] believe that a rebirth of this historic mining district will occur through the application of modern geoscience, a better understanding of disseminated cobalt mineralization and ultimately, bulk mining methods.” – First Cobalt CEO and President Trent Mell…
