May 21, 2019 / 6:20 PM / a month ago

BRIEF-Glencore To Support Restart Of First Cobalt Refinery

First Cobalt Corp:

* GLENCORE TO SUPPORT RESTART OF FIRST COBALT REFINERY

* FIRST COBALT - CO, GLENCORE HAVE SIGNED MOU TO SUPPLY COBALT FEEDSTOCK AND FINANCING TO RECOMMISSION FIRST COBALT REFINERY IN ONTARIO, CANADA

* FIRST COBALT - A FINAL DECISION ON WHETHER TO PUT FIRST COBALT REFINERY BACK INTO PRODUCTION HAS NOT BEEN MADE AT THIS TIME

* FIRST COBALT CORP - GLENCORE INTENDS TO PROVIDE FEEDSTOCK FOR REFINERY

* FIRST COBALT CORP - AT THIS TIME, COMPANY DOES NOT ANTICIPATE THAT ITS CURRENT PROJECTS WILL PROVIDE A SOURCE OF FEEDSTOCK FOR REFINERY

* FIRST COBALT CORP - GLENCORE WILL EVALUATE MAKING A LOAN TO FUND CAPITAL REQUIREMENTS TO RECOMMISSION REFINERY

* FIRST COBALT CORP - GLENCORE WILL ENTER INTO A TOLLING AGREEMENT WITH FIRST COBALT Source text for Eikon: Further company coverage:

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