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How Will Cobalt Blue’s $2.5M Raise Accelerate Its Cobalt Refinery Plans?

11:02am on Friday 12th of September, 2025 AEST Mining
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How Will Cobalt Blue’s $2.5M Raise Accelerate Its Cobalt Refinery Plans?

11:02am on Friday 12th of September, 2025 AEST
Key Points
  • Successful $1 million institutional share placement at $0.045 per share
  • Placement agreement with Lind Global Fund III for initial $1.5 million, potential $4.5 million follow-on
  • Funds targeted to progress Kwinana Cobalt Refinery towards final investment decision
  • Development of pre-feasibility study for Halls Creek copper-zinc-silver project
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