Annual Report to Shareholders
Sydney, Oct 9, 2018 AEST (ABN Newswire) - Cobalt Blue Holdings Limited (
ASX:COB) (CBBHF:OTCMKTS) provides the Company's Annual Report to shareholders.
Highlights and Achievements
Thackaringa Cobalt Project
- Substantial drilling campaign completed at Thackaringa (20,000 metres) - 20 December 2017
- Declared a combined 72Mt Inferred and Indicated Resource @ 852 ppm cobalt - 19 March 2018
- Pre-Feasibility Study completed - Results justify progressing towards Bankable Feasibility Study. Key conclusions included long life, low cost, large scale operation. Optimisation Studies commenced - 30 June 2018.
Corporate
- Raised A$2.5m in oversubscribed offer - November 2017
- Raised A$7.8m - placement to LG International - April 2018
- Commercial Visit - China/Korea/Japan - November 2017
- Commercial Visit - China/Korea/Japan - March 2018
- Corporate Office relocation to Level 17, 100 Miller Street North Sydney - May 2018
To view the Annual Report, please visit:
http://abnnewswire.net/lnk/3446F5R3
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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