Cobalt Spin-Out Envisioned

Potential Cobalt Spin-Out

 

JANUARY 17, 2018...Please Note Date...

"The Company previously announced on November 8, 2017 plans to evaluate opportunities to unlock the value of the West Bear Cobalt-Nickel Prospect for shareholders. Based upon the Company’s evaluation and current cobalt market conditions, UEX is exploring options to enhance shareholder value by spinning out CoEX as a new company. This would occur after completion and announcement of results of the drill program. Should UEX proceed with a spin-out transaction, all or the majority of CoEX shares would likely be distributed to UEX shareholders in a process similar to that under which UEX was formed in 2001 from Pioneer Metals Corporation." Article Quote


https://www.coexmetals.com/news/uex-announces-exploration-plan-for-the-west-bear-cobalt-nickel-prospect

JANUARY 27, 2021...Please Note Date
UEX’s 2021 Drill Program Commences in the Eastern Athabasca Basin
https://www.coexmetals.com/news/uexs-2021-drill-program-commences-in-the-eastern-athabasca-basin
UEX/CoEX: Spin-Out? Possible? Soon? Other???
Note: Current Cobalt and Nickel Price...
Disclosure: Long UEX...DYODD...GLTA