US Cobalt (TSX-V: USCO; OTCQB: USCFF) approved the acquisition by First Cobalt (TSX-V: FCC; ASX: FCC; OTCQX: FTSSF) with shareholders, warrant holders and option holders voted 98.87% in favour of the transaction, with 35.8% of eligible votes cast.
eCobalt Solutions (TSX: ECS, OTCQX: ECSIF) appointed Monique Rabideau, Practice Lead, Capital Markets and Securities for Practical Law Canada at Thomson Reuters, to board of directors.
First Cobalt (TSX-V/ASX: FCC; OTCQB: FTSSF) to acquire US Cobalt (TSX-V: USCO, OTCQB: USCFF) in an all-stock transaction for $149.9 million on a fully-diluted in-the-money basis
eCobalt Solutions (TSX: ECS, OTCQX: ECSIF) closed bought deal financing, issuing 23M units at $1.30 for gross proceeds of $29.9M. TD Securities Inc. led the offering
eCobalt Solutions (TSX: ECS; OTCQX: ECSIF) engaged TD Securities Inc. for a bought deal of 20,000,000 units at $1.30 per unit for gross proceeds of $26 million
US Cobalt Inc. (TSX-V: USCO; FSE: 26X; OTCQB: USCFF) granted incentive stock options to acquire up to 2,040,000 common shares to certain directors, officers, and consultants.