Quarterly Activities Report March 2018
Sydney, April 30, 2018 AEST (ABN Newswire) - Cobalt Blue Holdings Limited (
ASX:COB) (CBBHF:OTCMKTS) provides the Company's Quarterly Activities Report.
Projects
Thackaringa Project
- Delivered Indicated Resource Project.
- Bulk Testwork - Calcine and Leach Update.
- COB on target to deliver PFS by 30 June 2018.
Cobalt Trends
- Electric Vehicle Update - battery costs remain key to uptake.
Corporate
- Stage One Achieved - COB has retained 51% of the beneficial interest of the Thackaringa Project. Milestone announced 20 April 2018.
- Asian Commercial Visit
- LGI Deal signed - As announced on 23 March 2018, on 16 April 2018 a cash share placement totalling A$ 7.8 million (US$ 6.0 million equivalent) at A$1.10 each share was made by COB to LG International.
- HAV MOU Signed
To view the full report, please visit:
http://abnnewswire.net/lnk/V226Z237
About Cobalt Blue Holdings Limited
Cobalt Blue Holdings Ltd (ASX:COB) (FRA:COH) (OTCMKTS:CBBHF) has a strategic approach that positions us to be among the first wave of new entrants into the allied battery materials supply chain. We are committed to playing a leading role in securing a stable and sustainable future for critical minerals.
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