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Cobalt Power Group Inc. Announces Non-Brokered Flow-Through Private Placement
Cobalt Power Group Inc. Announces Non-Brokered Flow-Through Private Placement Cana...
About this update from Power Group Projects Corp.
[{"type":"text","content":"\n\n\n\nCobalt Power Group Inc. Announces Non-Brokered Flow-Through Private Placement\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. 12, 2017\n\n\n\nTSX.V: CPO \n\n\n\nVANCOUVER, Oct. 12, 2017 /CNW/ - Cobalt Power Group Inc. (TSX.V: CPO) wishes to announce that it has arranged a non-brokered flow-through private placement of up to 5,000,000 flow-through shares (\"FT Shares\") of the Company at a price of $0.16 per FT Share for total gross proceeds of up to CDN$800,000.  \n\n\n \n \n\n \nThe securities issued pursuant to the private placement will be subject to a four month hold period from the closing date. \n\nFinder's fees may be payable in whole or part on the private placement in accordance with the policies of the TSX Venture Exchange.\n\nThe proceeds of the Offering to be raised will be used by the Issuer for an exploration program on the Issuer's Canadian cobalt mineral properties. The private placement is subject to final approval by the TSX Venture Exchange (TSX.V).\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 o...