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Cobalt 27 looks for more cash

Cobalt 27 Capital (CN:KBLT) is going to the equity markets for a third time in nine months, this time looking for up to C$130 million (US$100.9 million) to bolt on further royalties and streams to its physical cobalt holdings.

Cobalt 27 looks for more cash Cobalt 27 looks for more cash Cobalt 27 looks for more cash Cobalt 27 looks for more cash Cobalt 27 looks for more cash

This is the third time Cobalt 27 has gone to the equity markets since becoming a public entity

The after-trading hours announcement comes just a week after the company signed an agreement to buy a 1.75% net smelter return royalty on the Dumont nickel and cobalt project in Canada's Abitibi...