Currently viewing Global edition

Cobalt 27 gets physical

Cobalt 27 Capital (CN:KBLT) is making one of the most ambitious battery metal plays yet, looking to raise C$200 million (US$146 million) to purchase physical cobalt and royalties.

Cobalt 27 gets physical Cobalt 27 gets physical Cobalt 27 gets physical Cobalt 27 gets physical Cobalt 27 gets physical

Cobalt 27 is hoping its physical exposure will differentiate it from the cobalt crowd (photo: Benjah-bmm27)

In a move constituting a “change of business” under Toronto’s Venture market rules, Cobalt 27 has laid out plans to acquire 13 sources of physical cobalt and six net smelter return royalties using