Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced the release of a letter to shareholders from president and CEO Trent Mell. The letter, which provides an update on the company’s business activities for the remainder of 2018, marks what Mell refers to as “a new chapter for First Cobalt” on the heels of the company’s acquisition of US Cobalt earlier this week. “Over the past year, four cobalt companies have come together under the First Cobalt banner to create a vertically integrated, North American pure play cobalt company with assets in two of the best jurisdictions in the world – Idaho and Ontario,” Mell stated in the news release. “First Cobalt has demonstrated an ability to act swiftly to build a company that can deliver meaningful cobalt supply and shareholder value in this rapidly moving cobalt environment… First Cobalt is well positioned to benefit from the strong cobalt market as it builds a vertically integrated, North American cobalt company. As a shareholder, my goal is to make First Cobalt the “go to” name for exposure to the cobalt space.”
To view the full press release, visit http://nnw.fm/n9dOY
About First Cobalt Corp.
First Cobalt aims to create the largest pure-play cobalt exploration and development company in the world. First Cobalt controls over 10,000 hectares of prospective land covering over 50 historic mines as well as mineral processing facilities in the Cobalt Camp in Ontario, Canada. The First Cobalt Refinery is the only permitted facility in North America capable of producing cobalt battery materials. First Cobalt seeks to build shareholder value through new discovery, mineral processing and growth opportunities, with a focus on North America. For more information, visit the company’s website at www.FirstCobalt.com
More from NetworkNewsBreaks
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]