TJV Completion of Stage 2 Earning Obligations
Sydney, Sep 5, 2018 AEST (ABN Newswire) - Cobalt Blue Holdings Limited (
ASX:COB) (CBBHF:OTCMKTS) advises that it has received notice from Broken Hill Prospecting Limited (ASX:BPL) (BPLNF:OTCMKTS) that BPL has accepted to its satisfaction the completion of the Stage Two earning obligations under the Joint Venture Agreement on the Thackaringa Cobalt Project in Broken Hill NSW. BPL advised that it completed a rigorous review of the TJV Stage Two deliverables. Accordingly COB now formally announces the following beneficial ownership over the Thackaringa tenements:
EL 6622 70% beneficial ownership
EL 8143 70% beneficial ownership
ML 86 70% beneficial ownership
ML 87 70% beneficial ownership
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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