Cobalt 27 Capital Corp.

03:16 PM EST - Cobalt 27 Capital Corp. : Announced the closing of its previously announced underwritten public offering of 22,222,225 post-consolidated common shares at a price of $9.00 per Share. The $200-million offering consisted of 10.9 million Shares being issued for gross cash proceeds of $98.3 million and 11.3 million Shares being issued to acquire 1,205.6 tonnes of physical cobalt for a total cost of $101.7 million. Cobalt 27 Capital Corp.
shares V.KBLT are trading up $0.10 at $9.10.