Cobalt 27 forms subsidiary to manage streaming, royalty investments

By Charlotte Radford / February 22, 2018 / www.metalbulletin.com / Article Link

Cobalt 27 has formed Electric Metals Streaming, a wholly-owned subsidiary incorporated in Ontario, Canada, to manage its future streaming and royalty investments.

"With the formation of Electric Metals Streaming, our plan is to build on the company's 2017 acquisition of 2,982 tonnes of physical cobalt, to provide shareholders with near-term revenue and cashflow, diversified asset exposure and additional future avenues for growth," Anthony Milewski, chairman of Cobalt 27, said in a statement on Thursday February 22.Cobalt 27's investment in...

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