First Cobalt to Raise $3 Million and Enters Non-Binding LOI With Cobalt Projects International Corp.

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Feb 03 2017	First Cobalt to Raise $3 Million and Enters Non-Binding LOI With Cobalt Projects International Corp.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 2, 2017) - First Cobalt Corp. ("First Cobalt" or the "Company") (TSX VENTURE:FCC) is pleased to announce that it will conduct a non-brokered private placement of up to 7,500,000 common shares, at a price of $0.40 per share, for gross proceeds of up to $3,000,000. Proceeds of the private placement will be used by the Company to support its ongoing operations, as well as to review acquisition opportunities in the strategic metals sector.


Source:http://www.marketwired.com/mw/release.do?id=2193131&sourceType=3

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