First Cobalt Corp FCC.V :
* 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