M&A

Cobalt 27 to become Nickel 28

Swiss-based private equity group Pala Investments will pay about C$406 million for the 81% of Cobalt 27 Capital Corp it doesn’t own in a deal that returns C$5.75/share to independent stockholders, including cash and C$2.18 scrip in a new TSXV-listed company, Nickel 28 Capital Corp.

Staff reporter
Cobalt 27 to become Nickel 28

The proposed transaction recognises Cobalt 27's nickel-dominated portfolio including direct mine stakes and royalties. It also recognises the current lack of market traction for a nominally cobalt-focused...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.