Brief: First Cobalt To Issue Shares To Glencore In Repayment Of Loan

Electra Battery Materials

26/03/2021 10:47

March 26 (Reuters) - First Cobalt Corp  FCC.V :
    * FIRST COBALT TO ISSUE SHARES TO GLENCORE IN REPAYMENT OF
LOAN
    * FIRST COBALT CORP - TO REPAY EXISTING LOAN OF ABOUT $5.5
MILLION
OF DEBT BY ISSUING COMMON SHARES
    * FIRST COBALT CORP - SHARES TO BE ISSUED TO GLENCORE FOR
LOAN
REPAYMENT IS ABOUT 4.8% OF OUTSTANDING SHARES

Source text for Eikon:  ID:nCNWqy4vsa 
Further company coverage:  FCC.V 

 ((Reuters.Briefs@thomsonreuters.com;))