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Cobalt Power Group Announces Fully Subscribed Private Placement of Flow-Through Shares
Cobalt Power Group Announces Fully Subscribed Private Placement of Flow-Through Shares ...
About this update from Power Group Projects Corp.
[{"type":"text","content":"\n\n\n\nCobalt Power Group Announces Fully Subscribed Private Placement of Flow-Through Shares\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Oct. 13, 2017\n\n\n\nTSX.V: CPO \n\n\n\nVANCOUVER, Oct. 13, 2017 /CNW/ - Cobalt Power Group Inc. (the \"Company\") (TSX.V: CPO) is pleased to announce that the non-brokered private placement disclosed on October 12, 2017, for gross flow-through proceeds of CDN$800,000.00 is fully subscribed. Further, a large domestic institution will be participating in a major portion of the placement.\n\n\n \n \n\n \nThe non-brokered flow-through placement, expected to close in the coming days pending TSX.V approval, consisted of 5,000,000 flow-through shares at a price of $0.16 per flow-through share.\n\nAbout Cobalt Power Group Inc. \n\nCobalt Power Group Inc. is a publicly traded Canadian exploration company listed on the TSX-Venture Exchange (TSX-V: CPO) focused on exploration and development of prospective cobalt exploration properties.     \n\nOn behalf of the Board of Directors\n\n__________________________________              Dr. Andreas Rompel, President and CEOCobalt Power Group Inc.\n\nWe seek safe harbor.\n\nThe TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.\n\nForward Looking Information\n\nThe TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release. WARNING: The Company relies on litigation protection for `forward looking\" statements. Actual results could differ materially from those described in the news release as a result of numerous factors, some of which are outside the control of the Company. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United Sta...