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
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