Fuse Cobalt Inc. is pleased to announce that since the end of May, 2020 the Company has received $437,642 as a result of the exercise of 12,409,832 share purchase warrants. The warrants were issued in connection with private placements and had exercises prices of $0.025 and $0.045 per share. The Company intends to use the proceeds for exploration and development and general working capital purposes. About Fuse Cobalt Inc [...]
Fuse Cobalt Inc. is pleased to announce it has acquired, by staking, 100 placer claims covering 2000 acres at Teels Marsh, Nevada. The property, called Teels Marsh West is highly prospective for Lithium brines and is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine, North America's only producing brine-based Lithium mine supporting lithium production since 1967. Access to Teels [...]
Fuse Cobalt Inc. is pleased to provide its shareholders with a Corporate update on its recently re-acquired Glencore Bucke and Teledyne Cobalt properties in Ontario, Canada. The Company has recently identified the initial requirements for the dewatering and rehabilitating of the underground ramp on the Teledyne property. This ramp is recognized by Company management as a significant asset, and Mr. Robert Setter, Fuse [...]
SmallCapVoice.com, Inc. today announces the availability of a new interview with Fuse Cobalt Inc. president and CEO Robert Setter, who discusses the development of the Company’s energy metal projects and the increasing value of cobalt in the electric vehicle industry. The full interview can be heard. Speaking with SCV’s Stuart Smith, Setter explains Fuse’s business model and focus on exploring high value metals through [...]
Fuse Cobalt Inc. announces that it is accelerating the expiry date of all of the outstanding common share purchase warrants of the Company issued by Fuse in connection with a non-brokered private placement that closed on February 4, 2019. Pursuant to the Warrant amendment as announced in April 30, 2020 and subsequently approved by the TSX Venture Exchange, the Warrants, as amended, and as required by Exchange policies [...]
Fuse Cobalt Inc. announces that FINRA has approved a change of the Company's stock symbol trading on the OTC Markets. Effective today, the Company's common shares now trade on the OTC Markets under the symbol "FUSEF". The previous trading symbol was WCTXF. The new symbol "FUSEF" has been chosen to reflect the Company's continued strategic direction focusing on the battery metals sector. About Fuse Cobalt Inc [...]
Fuse Cobalt Inc. announces that further to its news release dated June 3, 2020 whereby the Company announced a 2:1 forward split , the Company advises that the record date for the Forward Split is now Thursday, June 11, 2020. As per TSX Venture Exchange " policy, the Forward Split is being conducted on a "push-out" basis and therefore Fuse's CUSIP number will remain the same. The common shares of Fuse will trade on a due [...]
Fuse Cobalt Inc. is pleased to announce that as permitted by the Company's Articles, the Board of Directors of the Company has approved and will proceed with a forward share split of its outstanding common shares on the basis of two new shares for every one old share . The record date for the Forward Split will be Wednesday, June 10, 2020, subject to TSX Venture Exchange approval. The Company believes that having a [...]
Fuse Cobalt Inc. is pleased to announce that it has begun the process to appoint one of Canada's largest mining contracting firms to conduct a detailed scoping study for the rehabilitation and dewatering of the ramp on the Company's Teledyne property. The selected firm will be an experienced and established Ontario-based engineering firm. Potential candidates have assisted many mining exploration companies with similar [...]
Fuse Cobalt Inc. , , is pleased to announce the appointment of Mr. Chip Richardson as Director of the Company effective May 19, 2020. Chip Richardson is a life-long banker and currently has the role of Assistant Vice President, Investments for Wedbush Securities in Lake Oswego, a suburb of nearby Portland, Oregon. From the age of fourteen, Chip began investing in the stock market and upon graduation from Oregon State [...]
Fuse Cobalt Inc. would like to provide its shareholders with additional information regarding the history and current status of the Company, as well as, its proposed operating plan for 2020. Since February of this year, the Company has accomplished quite a bit during a time of global uncertainty caused by the COVID-19 global pandemic. These changes have positioned the Company for a bright future for our shareholders. Not [...]
Fuse Cobalt Inc. , ") announces that it is proposing to amend the terms of 4,028,333 share purchase warrants by amending the exercise price from $0.15 to $0.09 per share and extending the term of the warrants by three years so that the Warrants will now expire on February 4, 2024. In accordance with the policies of the TSX Venture Exchange , the terms of the Warrants will be further amended to include an accelerated [...]
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