KBLT.V - Cobalt 27 Capital Corp.

TSXV - TSXV Delayed Price. Currency in CAD
11.90
-0.30 (-2.46%)
At close: 3:56PM EDT
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Previous Close12.20
Open12.23
Bid11.80 x 0
Ask11.99 x 0
Day's Range11.87 - 12.23
52 Week Range7.42 - 14.00
Volume25,328
Avg. Volume113,455
Market Cap623.654M
Beta4.02
PE Ratio (TTM)N/A
EPS (TTM)-0.18
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est15.82
  • CNW Group4 hours ago

    Cobalt 27 Announces Cash Flow-Linked Dividend Policy and Intention to Adopt a Normal Course Issuer Bid

    TORONTO, May 22, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(FRA: 27O) is pleased to announce that its Board of Directors has approved the adoption of a dividend policy providing for the payment of a quarterly cash flow-linked dividend to the Company's shareholders.  In addition, the Company is pleased to announce its intention to adopt a normal course issuer bid (the "NCIB") which will be made in accordance with the requirements of the TSX Venture Exchange (the "TSXV") once the Company has closed its previously announced Ramu Cobalt Nickel Stream. Cobalt 27 proposes to pay a dividend to shareholders that takes into account cash generation from streaming and royalty investments, profitability, balance sheet strength, and capital investment opportunities.  The Company anticipates paying a quarterly dividend equal to a meaningful portion of free cash flow from future streaming and royalty investments.

  • Cobalt 27 Acquires a Cash Flowing Cobalt-Nickel Stream on Producing Ramu Nickel-Cobalt Mine for US$113 Million (C$145 Million)
    CNW Group5 hours ago

    Cobalt 27 Acquires a Cash Flowing Cobalt-Nickel Stream on Producing Ramu Nickel-Cobalt Mine for US$113 Million (C$145 Million)

    The Ramu Cobalt Nickel Stream is governed by the MPA, pursuant to which Cobalt 27 has agreed to acquire the right to purchase 55.0% of RNL's attributable share of the payable cobalt metal and 27.5% of RNL's attributable share of the payable nickel metal produced at Ramu, for the life of mine, in exchange for a US$113 million (C$145 million) upfront cash deposit payable to Highlands.  Highlands, which owns 100% of RNL, currently holds an effective 8.56% ownership interest in Ramu.  However, Highlands will use proceeds from the Transaction to increase its effective ownership interest in Ramu to 11.3% through the repayment of its share of outstanding Ramu construction and development loans. For clarity, the Ramu Cobalt Nickel Stream will be over RNL's pro forma 11.3% ownership interest in Ramu.

  • CNW Group5 days ago

    Cobalt 27 Closes US$80 Million Revolving Credit Facility

    TORONTO, May 17, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(FRA: 27O), announced today that the Company has entered into a US$80 million revolving term credit facility (the "Credit Facility") led by National Bank of Canada with a syndicate of financial institutions including Bank of Montreal and The Bank of Nova Scotia (the "Lenders").  The Credit Facility is to be used for general corporate purposes and investments in the mineral industry, including the acquisition of streams, royalties, and other interests.  The Company intends to increase the size of the Credit Facility as it builds its cobalt-focused investment portfolio.

  • PR Newswire14 days ago

    Cobalt 27 to Present at Bank of America Merrill Lynch 2018 Global Metals, Mining and Steel Conference

    TSX Venture:  KBLT FRA:  27O TORONTO , May 8, 2018 /PRNewswire/ -- Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(FRA: 27O ), a minerals company that offers direct ...

  • CNW Group14 days ago

    Cobalt 27 to Present at Bank of America Merrill Lynch 2018 Global Metals, Mining and Steel Conference

    TSX Venture:  KBLT FRA:  27O TORONTO , May 8, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(FRA: 27O ), a minerals company that offers direct exposure ...

  • Cobalt 27 Acquires Royalty on Flemington Nickel Cobalt Project in Australia
    PR Newswire15 days ago

    Cobalt 27 Acquires Royalty on Flemington Nickel Cobalt Project in Australia

    TORONTO, May 7, 2018 /PRNewswire/ -- Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(FRA: 27O) announces that it has agreed to acquire a 1.5% Gross Revenue Royalty ("GRR") on the Flemington Cobalt-Scandium-Nickel project located 370 kilometers west of Sydney, in New South Wales, Australia (the "Flemington Royalty") held under option by Australian Mines Ltd. ("Australia Mines"). "Large-scale nickel cobalt deposits such as the Flemington project represent important, undeveloped sources of cobalt and nickel.  With ongoing geopolitical uncertainty in the DRC, which accounts for approximately 65% of current global mined cobalt output, this Australian project provides development targets in a politically stable, mining-friendly jurisdiction," commented Anthony Milewski, Chairman and CEO, Cobalt 27.

  • Cobalt 27 Acquires Royalty on Flemington Nickel Cobalt Project in Australia
    CNW Group15 days ago

    Cobalt 27 Acquires Royalty on Flemington Nickel Cobalt Project in Australia

    TORONTO, May 7, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT)(FRA: 27O) announces that it has agreed to acquire a 1.5% Gross Revenue Royalty ("GRR") on the Flemington Cobalt-Scandium-Nickel project located 370 kilometers west of Sydney, in New South Wales, Australia (the "Flemington Royalty") held under option by Australian Mines Ltd. ("Australia Mines"). "Large-scale nickel cobalt deposits such as the Flemington project represent important, undeveloped sources of cobalt and nickel.  With ongoing geopolitical uncertainty in the DRC, which accounts for approximately 65% of current global mined cobalt output, this Australian project provides development targets in a politically stable, mining-friendly jurisdiction," commented Anthony Milewski, Chairman and CEO, Cobalt 27.

  • PR Newswirelast month

    Cobalt 27 Announces Participation in Upcoming Battery Metals Conferences

    TSX Venture:  KBLT FRA:  27O TORONTO , April 10, 2018 /PRNewswire/ -- Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(FRA: 27O ), a minerals company that offers ...

  • CNW Grouplast month

    Cobalt 27 Announces Participation in Upcoming Battery Metals Conferences

    TSX Venture:  KBLT FRA:  27O TORONTO , April 10, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT )(FRA: 27O ), a minerals company that offers direct ...

  • PR Newswire2 months ago

    Cobalt 27 Launches Mandarin Chinese Website

    TORONTO, March 27, 2018 /PRNewswire/ -- Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT) (FRA: 27O), today announced the launch of its Mandarin Chinese website to cater to the growing interest in the company within the Asian markets. "As our business continues to expand, many of the automakers, OEMs, battery manufacturers and investors who are expressing interest in Cobalt 27, are located in China and the broader Southeast Asia Region.  With the launch of our Chinese language website, we hope to further broaden the reach of our audience within the region and globally.  We believe our company is becoming of strategic interest to a large group of investors and industry players, and it is important that we communicate with these groups in an effective and timely manner," commented Anthony Milewski, Chairman of Cobalt 27.

  • PR Newswire2 months ago

    Cobalt 27 Launches Mandarin Chinese Website - www.cobalt27.cn

    TORONTO, March 27, 2018 /PRNewswire/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT) (FRA: 27O), today announced the launch of its Mandarin Chinese website to cater to the growing interest in the company within the Asian markets. "As our business continues to expand, many of the automakers, OEMs, battery manufacturers and investors who are expressing interest in Cobalt 27, are located in China and the broader Southeast Asia Region.  With the launch of our Chinese language website, we hope to further broaden the reach of our audience within the region and globally.  We believe our company is becoming of strategic interest to a large group of investors and industry players, and it is important that we communicate with these groups in an effective and timely manner," commented Anthony Milewski, Chairman of Cobalt 27.

  • CNW Group2 months ago

    Cobalt 27 Launches Mandarin Chinese Website - www.cobalt27.cn

    TORONTO, March 27, 2018 /CNW/ - Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV: KBLT) (FRA: 27O), today announced the launch of its Mandarin Chinese website to cater to the growing interest in the company within the Asian markets. "As our business continues to expand, many of the automakers, OEMs, battery manufacturers and investors who are expressing interest in Cobalt 27, are located in China and the broader Southeast Asia Region.  With the launch of our Chinese language website, we hope to further broaden the reach of our audience within the region and globally.  We believe our company is becoming of strategic interest to a large group of investors and industry players, and it is important that we communicate with these groups in an effective and timely manner," commented Anthony Milewski, Chairman of Cobalt 27.

  • GlobeNewswire2 months ago

    Cobalt 27 Named Finalist for 2018 Platts Global Metals Awards in Four Categories

    TORONTO, March 22, 2018-- Cobalt 27 Capital Corp., was named by S&P Global Platts as a finalist for the prestigious 2018 Global Metals Awards, an annual program honoring companies dedicated to achieving ...

  • GlobeNewswire2 months ago

    Cobalt 27 Announces Participation in Upcoming Investor Conferences

    TORONTO, March 12, 2018-- Cobalt 27 Capital Corp., a minerals company that offers direct exposure to cobalt, an integral element in key technologies of the electric vehicle and battery energy storage markets, ...

  • GlobeNewswire2 months ago

    Cobalt 27 Completes $200 Million Strategic Private Placement Offering

    Proceeds to be used in the acquisition of cobalt streams and royalties. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

  • GlobeNewswire3 months ago

    Cobalt 27 Announces Upsize to Previously Announced Strategic Private Placement Offering to $185 million

    Proceeds to be used in the acquisition of cobalt streams and royalties. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

  • GlobeNewswire3 months ago

    Cobalt 27 Announces Strategic $130 Million Private Placement Offering

    Proceeds to be used in the acquisition of cobalt streams and royalties. NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

  • Reuters3 months ago

    Cobalt 27 buys royalty on Canada nickel, cobalt project

    The transaction is for a 1.75 percent net smelter return royalty on output from Dumont, which contains the world's largest undeveloped nickel and cobalt reserves, Cobalt 27 Capital said. The project is jointly owned by RNC Minerals (Toronto:RNX.TO - News) and private equity firm Waterton Global Resource Management.

  • GlobeNewswire3 months ago

    Cobalt 27 Acquires Royalty on Dumont, a World Class, Construction Ready Nickel Cobalt Project in Canada

    TORONTO, Feb. 22, 2018-- Cobalt 27 Capital Corp. is pleased to announce that it has acquired a 1.75% Net Smelter Return royalty on all future production over all metals from the Dumont Nickel-Cobalt Project, ...

  • Marketwired4 months ago

    Cobalt 27 to present at 2018 TD Securities Mining Conference

    Cobalt 27 Capital Corp. is pleased to announce that, Anthony Milewski, Chairman, and Justin Cochrane, President & COO will be attending the TD Securities Mining Conference in Toronto, Canada on January ...

  • Marketwired5 months ago

    Cobalt 27 Announces Full Exercise of Over-Allotment Option

    Cobalt 27 Capital Corp. announced today that, in connection with its recently completed offering of 8,100,000 common shares at an issue price of $10.50 per share (the "Offering...