Global Cobalt Corp GLBCF

RE:News Out 2 for 1 Split.

[DRYOASIS]

Re-read the news and I don't like #4 ... I though all debts were paid with the PP from the last news release ?? 4. Global Cobalt will assign all indebtedness of Global Cobalt immediately prior to the effective time of the Arrangement in the current aggregate amount of approximately $2.82 million, including all rights and obligations owed to officers, directors and other management of Global Cobalt including unpaid salaries, wages, fees, bonuses or other compensation, and all accounts payable and accrued liabilities, including consultant and contractor fees, existing as the completion of the Arrangement, including the loan in the current outstanding amount of approximately $1.25 million advanced to Global Cobalt by its President and CEO, Erin Chutter.