Business
Fuse Cobalt Grants Stock Options
(via TheNewswire) Vancouver, BC - TheNewswire - July 31, 2020 - Fuse Cobalt Inc. (...
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"Fuse Cobalt Grants Stock Options(via TheNewswire)\n\n \nVancouver, BC - TheNewswire - July 31, 2020 - Fuse Cobalt Inc. (\"the Company\" or \"Fuse\") (TSXV:FUSE) (OTC:FUSEF) (FRA:43W3) \") announces that it has granted stock options to certain directors of the Company to purchase an aggregate 1,500,000 common shares in the capital of the Company. The stock options are exercisable for a term of five years from the date of grant at an exercise price of $0.07 per share. All stock options are granted in accordance with the terms of the Company's Stock Option Plan and the policies of the TSX Venture Exchange. The stock options granted are also subject to a four month and a day hold period from the date of grant in accordance with applicable securities laws.\n\n \n \nAbout Fuse Cobalt Inc. www.fusecobalt.com\n\n\n \nFuse Cobalt Inc. is a Canadian based exploration company that trades under the symbol FUSE on the TSX Venture Exchange. The Company's focus is on exploration for high value metals required for the manufacturing of batteries.\n\n \n \nOntario Cobalt Properties: Fuse owns a 100% interest its Glencore Bucke Property, situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario, subject to a back-in provision, production royalty and off-take agreement. The Glencore Bucke Property consists of 16.2 hectares and sits along the west boundary of Fuse's Teledyne Cobalt Project. The Company also owns a 100% interest, subject to a royalty, in the Teledyne Project which consists of 785 hectares of land and is also located near Cobalt, Ontario. The Teledyne Property adjoins the south and west boundaries of claims that hosted the Agaunico Mine, a former producer of both silver and cobalt.\n\n \n \nTeels Marsh Property Fuse owns a 100% interest in 100 claims covering 2000 acres (809 hectares) in Teels Marsh, Nevada; The property called Teels Marsh West is highly prospective for Lithium brines and is located approximately 48 miles northwest of Clayton Valley and the Rockwood Lithium Mine, North America's only producing brine-based Lithium mine supporting lithium production since 1967.\n\n \n \nOn Behalf of the Board of Directors\n\n \n \n\"Robert Setter\"\n\n \n \nRobert Setter, President &CEO\n\n \n \nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture ...