10% holder buying at Cobalt 27 Capital (KBLT)

10% holder buying at Cobalt 27 Capital (:KBLT)

Updated Friday Jun 29, 2018 01:35 AM EDT
Vladimir Iorich, a 10% Holder, acquired 873,672 Common Shares on an indirect ownership basis for registered holder Pala Investments Limited at a price of $9.750 through a prospectus or prospectus exempt offering on June 27th, 2018. This represents a $8,518,302 investment into the company's shares and an account share holdings change of 11.9%.

Cobalt 27 Capital is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Cobalt 27 Capital Corp is a Canada-based minerals company that offers pure-play exposure to cobalt, an integral element in key technologies of the electric vehicle and battery energy storage markets. The Company intends to acquire and hold physical cobalt, as well as manage and grow a cobalt-focused portfolio of streams, royalties and direct interests in mineral properties containing cobalt. Cobalt 27 Capital Corp. (KBLT) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $8,518,302.


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