NetworkNewsBreaks – Quantum Cobalt Corp. (CSE: QBOT) (FRA: 23B) Closes Acquisition of Nipissing Lorrain Mine Project
Quantum Cobalt (CSE: QBOT) (FRA: 23B) today announced that it has closed its previously announced acquisition of 1142674 BC Ltd. (the "Target") in line with the share exchange agreement between Quantum Cobalt, the target and the shareholders of the target. Per the agreement, the company has acquired the Nipissing Lorrain Cobalt Project located near Cobalt, Ontario. The property consists of two separate claims and includes six distinct underground workings that have been historically mined for Cobalt-Silver-Nickel. Per the share exchange agreement, the company will pay a total amount of $1,000,000 over a six month period from date of close with…







