NetworkNewsWire Announces Publication on EV’s Need for Indispensable Li-ion Battery Drives New Demand for Cobalt
NEW YORK, Oct. 11, 2018 (GLOBE NEWSWIRE) -- via NetworkWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring First Cobalt Corp. (TSX.V: FCC) (OTC: FTSSF), a client of NNW and a vertically integrated North American pure-play cobalt company.
To view the full publication, titled “Exponential Increase in EVs Drives New Cobalt Supply Chains,” visit: http://nnw.fm/VXo1I
First Cobalt owns three substantial North American assets. The company’s flagship asset is the Iron Creek Cobalt Project in Idaho, which has an inferred mineral resource estimate of 29.6 million tons grading 0.11 percent cobalt equivalent. First Cobalt also controls a prodigious land package composed of 50 past-producing mines in the Canadian Cobalt Camp and, importantly, the company owns the only permitted cobalt refinery in North America capable of producing battery-grade materials.
To substantiate assets and solidify objectives, First Cobalt recently announced a mineral resource estimate of 29.6 million tons of 0.11% cobalt equivalent at the Iron Creek Project. Unlike almost all other cobalt mines, First Cobalt’s Iron Creek Project is primarily a cobalt deposit with copper as the byproduct.
About First Cobalt Corp.
First Cobalt is a vertically integrated North American pure-play cobalt company. First Cobalt has three significant North American assets: the Iron Creek Project in Idaho, the Canadian Cobalt Camp and the only permitted cobalt refinery in North America capable of producing battery materials. For more information, visit http://nnw.fm/FTSSF
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge. For more information, please visit https://www.NetworkNewsWire.com.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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