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Cruz Capital Corp acquires new cobalt property

Stockhouse Editorial
0 Comments| October 7, 2016

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Cruz Capital Corp (TSX: V.CUZ, OTCQB: BKTPF, FSE: A2AG5M, Forum) announced today that it has closed its acquisition of a prospective cobalt property in Idaho, U.S., the Idaho Star Cobalt Project. The land package is located approximately 9 miles southwest of Saltese, Montana, and 19 miles southeast of Wallace, Idaho.

This new project consists of 44 contiguous claims within the Idaho Cobalt Belt. Said James Nelson, the Company’s President, “We are very pleased to acquire the Idaho Star Cobalt Prospect, strengthening our presence in the prolific Idaho Cobalt Belt.”

Cruz Capital was recently in the news when the Company announced a 3 – 1 forward share split, as a means of improving CUZ’s liquidity.

Cruz Capital Corp has 4.48 million shares outstanding, and a market cap of $2.86 million.

FULL DISCLOSURE: Cruz Capital Corp is a paid client of Stockhouse Publishing.


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