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Off-market insider buying at Cobalt Blockchain (:COBC)

Updated Friday Aug 28, 2020 04:33 AM EDT

William Fredrick White, a 10% Holder, acquired 3,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on August 25th, 2020. The insider also acquired 3,000,000 Warrants with an exercise price of $0.200 for two years. This represents a $150,000 investment into the company's shares and an account share holdings change of 11.0%.

Cobalt Blockchain is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Cobalt Blockchain Inc (COBC), formerly Peat Resources Limited, is a Canada-based mineral resource company with an exploration and development business including cobalt assets in the the Democratic Republic of the Congo (DRC). The Company leverages experience with current mineral traceability systems, and pioneering a blockchain based certification platform to provide certainty of provenance that all minerals procured are ethically sourced. The Company owns around interest in Alpha Cobalt SAS and in Cobalt Blockchain SAS. The Company addresses need for cobalt by pursuing a conflict free cobalt mining and trading business in the DRC with local artisanal miners, while implementing a blockchain technology roadmap to ensure traceability of conflict free minerals.

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