QualityStocksNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) to Move Forward with Merger Following Vast Approval by Cobalt One (ASX: CO1) Shareholders
Cobalt exploration and development company, First Cobalt (TSX.V: FCC) (OTCQB: FTSSF), this morning announced that the company’s proposed merger has been overwhelmingly approved by Cobalt One Ltd. (ASX: CO1) shareholders with 99.995% of votes cast in favor of the deal. The combined company’s portfolio will consist of high quality exploration assets in the Cobalt Camp in Canada as well as the sole permitted cobalt refinery in North America designed to produce battery materials. Upon completion of the merger, First Cobalt’s board of directors will be reconstructed to include First Cobalt founder Bob Cross, Cobalt One chairman Paul Matysek and Cobalt…