Cruz Cobalt Corp. (CUZ: CA) has engaged Aaron Powell PLLC to oversee a work program on Cruz’s 100-per-cent-owned Chicken Hawk cobalt prospect in Montana, United States.
Cruz president, James Nelson, stated: “We are pleased to engage AP for the Chicken Hawk cobalt prospect in Montana. Cobalt prices have just established nine-year highs and Cruz is set to be one of the most active junior cobalt companies in the coming months, with multiple work programs expected to commence in multiple countries, states and provinces. We currently have more than sufficient cash on hand to undertake the planned work programs. We are very optimistic about the future price of cobalt as demand continues to strengthen and growth from the electric car industry intensifies globally.”
Cruz currently has nine cobalt projects located throughout North America, comprising four in Ontario, three in British Columbia, one in Idaho and one in Montana. Cruz’s four separate Ontario cobalt prospects are all located in the vicinity of the city of Cobalt making Cruz one of the largest landholders in this emerging cobalt district. Cruz’s Ontario projects include the 900-acre Coleman cobalt prospect, the 900-acre Johnson cobalt prospect, the 5,500-acre Hector cobalt prospect and the 1,480-acre Bucke cobalt prospect. The company’s 4,935-acre War Eagle cobalt prospect in British Columbia covers a past-producing mine.
In the interest of full disclosure, we call the reader’s attention to the fact that Equities.com, Inc. is compensated by the companies profiled in the Spotlight Companies section. The purpose of these profiles is to provide awareness of these companies to investors in the micro, small-cap and growth equity community and should not in any way be considered as a recommendation to buy, sell or hold these securities. Equities.com is not a registered broker dealer, investment advisor, financial analyst, investment banker or other investment professional. We are a publisher of original and third party news and information. All profiles are based on information that is available to the public. The information contained herein should not be considered to be complete and is not guaranteed by Equities.com to be free from misstatement or errors. The views expressed are our own and not intended to be the basis for any investment decision. Readers are reminded to do their own due diligence when researching any companies mentioned on this website. Always bear in mind that investing in early-stage companies is risky and you are encouraged to only invest an amount that you can afford to lose completely without any change in your lifestyle. Equities has been compensated with cash, common shares and/or warrants for market awareness services provided.
Read Next
