On November 8, 2017, US Cobalt Inc. completed two private placements for an aggregate of $6 million. US Cobalt raised $5.75 million in a brokered deal led by Eight Capital with a syndicate that included Cormark Securities Inc. and Canaccord Genuity Corp. An additional $250,000 was raised in a non-brokered private placement. US Cobalt Inc. is an exploration company focused on the acquisition and development of primary cobalt deposits.
Fasken advised US Cobalt with a team that included Nancy Eastman, John Turner, Niusha Arbabi and Daniel Richer.
