CEO buying at First Cobalt (FCC)

CEO buying at First Cobalt (:FCC)

Updated Friday Apr 05, 2019 02:48 AM EDT
Trent Charles Arthur Mell, CEO, acquired 451,519 Common Shares at a price of $0.18 and 451,519 Warrants exercisable at $0.27 until March 29, 2021 on a direct ownership basis through a prospectus or prospectus exempt offering on March 29th, 2019. Under the same terms, Mr. Mell also acquired 799,132 Common Shares and 799,132 Warrants on an indirect ownership basis for registered holder Cienna Capital Corp. through a prospectus or prospectus exempt offering on March 29th, 2019. This represents a $225,117 investment into the company's shares and an account share holdings change of greater than 100%.

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

First Cobalt Corp is a Canada-based cobalt company. The Company's strategy is to explore, develop and refine cobalt material in North America for sale back into the American electric vehicle (EV) market. Its flagship asset is the Iron Creek Cobalt Project in Lemhi County, Idaho, the United States. The Iron Creek Cobalt Project consists of mining patents and exploration claims covering an area of approximately 1,700 acres. The Company's other assets include more than 49 past-producing mines in the Canadian Cobalt Camp and a cobalt refinery in North America capable of producing battery materials. The Company's refinery is a hydrometallurgical cobalt-silver-nickel refinery located approximately five kilometers east of Cobalt, Ontario, Canada.


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