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Pala to acquire Cobalt 27 for $375m, create new company Nickel 28

Jackson Chen | June 18, 2019 | 1:23 pm Battery Metals Canada Cobalt 

Today Swiss firm Pala Investments announced that it intends to buy Cobalt 27 Capital Corp. (TSXV: KBLT) for C$501 million ($375 million). Pala's offer - equivalent to C$5.75 per share - represents a 66% premium to Cobalt 27’s closing share...

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