Business
Cobalt Blockchain Announces Name Change and Other Corporate Activities
Toronto, Ontario--(Newsfile Corp. - November 9, 2021) - Cobalt Blockchain Inc. (TSXV: COBC) (O...
About this update from Enerev5 Metals Inc.
[{"type":"text","content":"Cobalt Blockchain Announces Name Change and Other Corporate ActivitiesToronto, Ontario--(Newsfile Corp. - November 9, 2021) - Cobalt Blockchain Inc. (TSXV: COBC) (OTCQB: COBCF) (\"COBC\" or the \"Company\") announces a name change to Enerev5 Metals Inc. (\"Enerev5\"), a further debt settlement, the appointment of a new qualified person (\"QP\") and related option grant, and details of its upcoming annual general meeting (\"AGM\").Name Change to Enerev5 Metals At its annual and special meeting held on December 18, 2020, shareholders approved a special resolution authorising an amendment of the articles of the Company to change the name of the Company. Pursuant to this shareholder approval, and in light of the types of projects that COBC is currently pursuing, the Company has changed its name from \"Cobalt Blockchain Inc.\" to \"Enerev5 Metals Inc.\"The common shares of the Company will commence trading under the new name and new ISIN: CA29290N1078 and CUSIP: 29290N107 numbers on the TSX Venture Exchange at the opening of trading on Wednesday, November 10, 2021. There is no change in the ticker symbol, which remains \"COBC.\" Common share certificates bearing the old Company name, \"Cobalt Blockchain Inc.,\" continue to be valid in settlement of trades in common shares and will only be replaced with certificates bearing the new name against transfer. The Company is not requesting and shareholders are not required to exchange their existing common share certificates for new certificates bearing the new company name.Peter Copetti, Executive Chairman and Chief Executive Officer, noted: \"The name Enerev5 affirms our current strategic exploration and development mission and mineral traceability mandate, but expands it to include global initiatives in cobalt, tin, tungsten, tantalum, copper, and other strategic metals - materials critical to the Fifth Industrial Revolution.\" Enerev5 and the Fifth Energy RevolutionLike past industrial revolutions, the Fifth Industrial Revolution includes an energy paradigm shift as a major component of global transformation, the Fifth Energy Revolution. This revolution is characterized by a stronger focus on creativity and a common purpose towards building a better planet, achieved through ethical technological development, including the adoption of sustainable power sources, underpinned by millio...