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02 Dec
14:34

COBALT: Global Energy Metals sells Werner Lake interest

Vancouver-based Global Energy Metals (GEMC) has completed the sale of its 70% stake in the Werner Lake cobalt project, in Canada, Kallanish reports. Canadian exploration and production company CBLT will pay GEMC $270,000 under the terms of the agreement through a cash deposit and share issuance, as well as a $500,000 payment upon the project beginning commercial production. The Werner Lake project is located in Ontario, Canada, with indicated resources estim…
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