TSXV:FCO.H - Post by User
Post by
farml1234on Feb 22, 2018 9:34am
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Post# 27600718
News out
News out ANCOUVER, Feb. 22, 2018 /CNW/ - eCobalt Solutions Inc. ("eCobalt" or "the Company") (TSX: ECS, OTCQX: ECSIF) announces that it continues to advance due diligence for potential off-take of its clean cobalt concentrate, to be produced from the Company's wholly-owned Idaho Cobalt Project ("ICP"), located in the historic Idaho Cobalt Mining Belt near the town of Salmon, Idaho.
image: https://mma.prnewswire.com/media/645002/eCobalt_Solutions_Inc__eCobalt_Continues_Advancing_Due_Diligence.jpg
In response to recent news issued by one of the Company's potential off-take partners, Mesnac Co Ltd., eCobalt wishes to clarify that it has signed non-binding Letters of Intent ("LOIs") with numerous parties but no definitive agreements have been finalized. The LOIs should therefore be considered preliminary in nature. Once terms have been finalized a formal announcement will be issued.
Read more at https://www.stockhouse.com/news/press-releases/2018/02/22/ecobalt-continues-advancing-due-diligence-with-potential-off-take-partners#VcHTHjM2AQQk2g0L.99