Mr. Frank Basa reports
CANADA COBALT ISSUES REMINDER REGARDING UPCOMING EXPIRATION OF DIVIDEND WARRANTS
Canada Cobalt Works Inc. has issued a reminder to dividend warrantholders who received dividend warrants to purchase common shares of the company, dated Feb. 25, 2019, at an exercise price of 10 cents per share, that the dividend warrants are set to expire on Sept. 15, 2019. As the expiration date is not a trading day on the TSX Venture Exchange, the dividend warrants will be exercisable until 4 p.m. Pacific Time on Sept. 16, 2019. Warrants not exercised prior to Sept. 16, 2019, will expire.
The dividend warrants were issued as part of Granada Gold Mine Inc.'s unit dividend payment to its shareholders. Details of the dividend payment are described in Granada's news releases dated Feb. 5, 2019,
Feb. 11, 2019.
To exercise the dividend warrants, warrantholders are requested to deliver: (i) the physical warrant certificate representing the warrants to be exercised; (ii) a duly completed exercise form (located on the back of the warrant certificate); and (iii) aggregate funds by way of certified cheque, bank draft or money order in Canadian dollars, payable to Canada Cobalt Works Inc. and delivered to the company's transfer agent, Computershare Trust Company of Canada, third floor, 510 Burrard St., Vancouver, B.C., V6C 3B9, attention: Yasmin Ali. Computershare acts as warrant agent for the dividend warrants on behalf of the company. If the warrantholder is a U.S. resident, additional documents are required to be submitted. Please contact the company's corporate secretary, Tina Whyte, at firstname.lastname@example.org to request the additional documentation that is required to exercise the dividend warrants.
About Canada Cobalt Works Inc.
Canada Cobalt is focused on immediate- and longer-term value drivers at its past-producing Castle mine and adjoining land package in the historical Northern Ontario silver-cobalt district, Canada's cobalt heartland since the start of the electric-vehicle revolution. The Canada Cobalt advantage includes underground access at Castle, an innovative tailings program with a plan to recover silver, gold and cobalt, a recently installed pilot plant to produce gravity concentrates on site, a proprietary hydrometallurgical process known as Re-2OX, and exciting exploration discovery potential at Castle East.
We seek Safe Harbor.
© 2020 Canjex Publishing Ltd. All rights reserved.