- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Purpose Bitcoin ETF
Silver47 Exploration
Syntheia
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Global Cobalt Extends Drop Dead Date for Spin-Out of Global Energy Metals Corporation
Global Cobalt Corporation (TSXV:GCO) announced today that Imperial Mining Holding Limited, Global Energy Metals and Global Cobalt have agreed to further amend the Arrangement Agreement by extending the Drop Dead Date, as that term is defined in the Arrangement Agreement, as amended, from September 30, 2015 to October 21, 2015.
Global Cobalt Corporation (TSXV:GCO) announced today that Imperial Mining Holding Limited, Global Energy Metals and Global Cobalt have agreed to further amend the Arrangement Agreement by extending the Drop Dead Date, as that term is defined in the Arrangement Agreement, as amended, from September 30, 2015 to October 21, 2015.
As quoted in the press release:
On August 31, 2015 shareholders of Global Cobalt, amongst other resolutions, voted unanimously in favour of the spin-out and listing of the new company Global Energy Metals as a vehicle to examine other acquisitions in the battery metals space and move forward a strategy to be a bank for these critical assets. The Karakul Cobalt Project located in the Altai Republic, Russia will remain the priority project for Global Cobalt Corporation and given its proximity has the potential of becoming a key supplier for the Chinese cobalt market.
Connect with Global Cobalt Corporation (TSXV:GCO) to receive an Investor Kit
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.