Cobalt 27 and Pala Investments Announce Completion of Arrangement

TORONTO, Oct. 25, 2019 /PRNewswire/ – Cobalt 27 Capital Corp. (TSXV: KBLT) (“Cobalt 27” or the “Company“) and Pala Investments Limited (“Pala“) are pleased to announce the completion of the previously-announced plan of arrangement under the Business Corporations Act (British Columbia) (“Arrangement“) which provided for the acquisition by Pala of 100% of Cobalt 27’s issued and outstanding common shares (other than the approximately 19% that Pala already owned), and the creation of Conic Metals Corp. (“Conic“).

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