|Bid||0.2750 x N/A|
|Ask||0.2800 x N/A|
|Day's Range||0.2750 - 0.2850|
|52 Week Range||0.2500 - 0.7000|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
COQUITLAM, BC , Sept. 13, 2019 /CNW/ - Canada Cobalt Works Inc. (CCW.V) (CCWOF) (4T9B.F) (the "Company" or "Canada Cobalt") is pleased to announce that the Company has closed the second and final tranche of its recently announced private placement with strategic investors at 30 cents per unit, raising gross proceeds of $728,000 for the two tranches. Proceeds of the private placement will be used to immediately accelerate the company's various initiatives at the Castle mine and property in the Gowganda Silver-Cobalt Camp, and for general working capital purposes. A total of 1,016,667 units were issued in the second tranche ($305,000) with each unit consisting of one common share in the capital of the Company and one share purchase warrant. Each warrant entitles the holder to purchase one share of the Company for a period of 24 months from closing at an exercise price of 50 cents per share.
The Company has closed the first $475,000 of its recently announced private placement (refer to August 23, 2019 news release) and has increased the financing with strategic investors to $600,000 or two million units at 30 cents per unit (see below for full terms). The second and final tranche will close during the week of September 9 . Canada Cobalt issued 1,583,333 units at 30 cents per unit in this first tranche with each unit consisting of one common share in the capital of the Company and one share purchase warrant. Each warrant entitles the holder to purchase one share of the Company for a period of 24 months from the closing of the offering at an exercise price of 50 cents per share. No finders' fees are payable in this first tranche.
Anyone researching Canada Cobalt Works Inc. (CVE:CCW) might want to consider the historical volatility of the share...
COQUITLAM, BC , June 6, 2019 /CNW/ - Canada Cobalt Works Inc. (CCW.V) (CCWOF) (4T9B.F) (the "Company" or "Canada Cobalt") is pleased to announce that Global Energy Metals Corp. ("GEMC") has received approval from the TSX Venture Exchange for the acquisition of Canada Cobalt's Re-2OX technology to accelerate the advancement of the Lovelock mine and Treasure Box projects. Re-2OX skips the normal smelting process to achieve exceptionally high recovery rates for cobalt, nickel and copper, while also removing 99% of arsenic expanding the potential of the Lovelock mine by potentially creating battery grade cobalt sulphate. The hydrometallurgical process will complement a wider exploration and drilling program that will allow for reinterpretation of historic data and a better understanding of the ability to unlock potential from GEMC's Nevada based projects.
SGS Produces 539 Ounces Per Ton Silver Flotation Concentrate From Canada Cobalt Castle Mine Tailings
The last three months have been tough on Canada Cobalt Works Inc. (CVE:CCW) shareholders, who have seen the share price decline a rather worrying 38%. But that doesn't change the fact that the returns over the last half d...
Pre-Concentration Tests of Low-Grade Gold Mineralization at Granada Gold Mine Shows Potential to Deliver Higher Grade Concentrate
Pre-concentration test results on low-grade mineralization at Granada Gold Mine return 6.0 grams per tonne gold
COQUITLAM, BC , March 1, 2019 /CNW/ - Canada Cobalt Works Inc. (CCW.V) (CCWOF) (4T9B.F) (the "Company" or "Canada Cobalt"), a technology leader in the Northern Ontario Cobalt-Silver Camp, is pleased to announce that the Company has added another catalyst to its first half 2019 strategy – a unique and environmentally friendly program with a plan to develop cost-effective near-term recovery of silver and gold mineralization from an historic tailings area approximately 300 meters from the #3 Shaft at the Castle mine. The Company considers the tailings very prospective for high-grade silver and other metals, including gold and cobalt, based on historical records and just-received results from SGS Lakefield which has produced a gravity concentrate from the tailings grading 389 g/t silver, 0.63 g/t gold and 0.20% cobalt.
COQUITLAM, BC , Feb. 19, 2019 /CNW/ - Canada Cobalt Works Inc. (CCW.V) (CCWOF) (4T9B.F) (the "Company" or "Canada Cobalt") is pleased to announce that first-pass underground Phase 1 drilling on the first level of the Castle mine near Gowganda , 75 kilometers from Kirkland Lake , has returned multiple high-grade cobalt and silver intercepts at very shallow depths.
Canada Cobalt Ramps Up Drilling to Build on New Castle East Discovery Next to Three Past Producers
COQUITLAM, BC , Dec. 14, 2018 /CNW/ - Canada Cobalt Works Inc. (CCW.V) (CCWOF) (4T9B.F) (the "Company" or "Canada Cobalt") is pleased to announce that two widely-spaced drill holes have intersected an apparent syenite hosted gold system with nearby cobalt potential in a previously undrilled area of the Castle Property near Gowganda , a past producing high-grade silver camp approximately 75 kilometers from Kirkland Lake . Meanwhile, underground drilling on the first level of the Castle mine, 1.5 kilometers west-northwest of the new discovery, has continued to identify cobalt-silver-rich vein structures occasionally also mineralized with gold and nickel. Canada Cobalt is preparing to commence a second, expanded phase of underground drilling through an amended advanced exploration permit - the Company eagerly anticipates providing shareholders with a major batch of Phase 1 underground drill results in the near future following receipt and interpretation of all data.
From 77 m to 163 m is an intensely-altered, silicified and pyritized zone of felsic rocks unlike anything previously intersected at the Castle Property. Below the highly silicified unit are mineralized mafic to ultramafic units. Mineralization in these units consists of four distinct horizons featuring up to 1-cm diameter, coarse-grained blebby sulphides. At the completion of this hole, a follow-up hole will be collared to the north of the MMI anomaly and 50 meters to the west, drilled southward to give a second cut through these newly-discovered mineralized zones. A total of 67 underground drill holes have now been completed on the first level of the Castle mine.