Global Cobalt Corp. (TSX.V:GCO)  seeks to take advantage of the global transformation that is occurring in the cobalt and strategic metals sector of the mining industry.

 

 

 

Latest News Release

Global Cobalt Offers Settlement to Imperial Mining Holding Limited to Resolve Option Agreement/Loan Agreement

Global Cobalt Corp. has formally offered a settlement to Imperial Mining Holding Ltd. to amend the current option agreement, the terms of which include a settlement of the amount outstanding on the exploration expenses owed to Global Cobalt as an offset for the current outstanding loan amount owed to IMHL. The details of the offer, including consideration for the settlement, are currently under discussion.

 

Erin Chutter, president and chief executive officer, commented:

 

"If accepted, this offer, which has been discussed extensively with IMHL shareholders, will provide Global Cobalt a clean balance sheet and continued ability to access the Karakul cobalt project as per the extended option agreement. We are very pleased with the spirit of co-operation with IMHL on these matters and look forward to continued partnership."

 

This offer will remain in place until Feb. 28, 2015.

 

 

Legal Notice / Disclaimer

 

This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.

 

Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified.

 

Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission.

 

Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.


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