Brief: Cobalt Power Group proceeds with the acquisition of Canadian Cobalt Projects

Power Projects

18/09/2017 11:01

Sept 18 (Reuters) - Cobalt Power Group Inc  CPO.V  
    * Cobalt Power Group proceeds with the acquisition of 
Canadian Cobalt Projects 
    * Cobalt Power Group Inc -  terms of proposed acquisition 
were adjusted 
    * Cobalt Power Group-consideration for deal reduced to 30 
million shares and 1.5% net smelter returns royalty,of which 75% 
may be bought for cash of (CDN)$1 million 
 
Source text for Eikon:  ID:nCNWXgjfma  
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