First Cobalt and CobalTech Mining sign definitive merger agreement

First Cobalt Corp. and CobalTech Mining Inc. entered into a definitive merger agreement, with First Cobalt acquiring all shares of CobalTech. The combined company will be a pure-play cobalt exploration company with assets in the Cobalt, Ontario mining camp.

“This transaction creates immediate value for CobalTech shareholders and allows them to participate in further upside within a larger, more liquid company.”einpresswire.com

• 3 sources
• einpresswire.comCobalTech and First Cobalt Sign Definitive AgreementAug 21, 2017
• juniorminingnetwork.comFirst Cobalt Corp. and CobalTech Mining Sign Definitive Merger Agreement - Junior Mining NetworkMr. Trent Mell reportsAug 21, 2017
• northernontariobusiness.comCobalt players ready to combine - Northern Ontario BusinessNorthern Ontario Business StaffAug 22, 2017

Summarized from public sources; check the original articles before acting on it.