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Global Cobalt files Q3 financials, reappoints directors, readies for re-trade

Global Cobalt Corp has filed its third quarter financial statements for the period ended January 31, and retained an auditor to complete the 2015/2016 annual statements, the company said on Tuesday

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Global Cobalt looking to add its colours on re-trade as Russia remains focus

Global Cobalt Corp. (CVE:GCO) has filed its third quarter financial statements for the period ended January 31, and retained an auditor to complete the 2015/2016 annual statements, the company said on Tuesday.

In addition, the company announced the reappointment of two previous directors: Maximiliano Barrientos and Peter J. Reynolds.

Reynolds will also be serving as interim chief executive officer.

Both of these appointments will be effective at the re-trade date of Global Cobalt, anticipated in early fall of 2016. Their appointments add to the current directors already serving, Alexander Ordanian and Andrei Melnikov. Alexei Musteatsa will remain as chief financial officer.

In January, the company said it appointed Melnikov as CEO. Read more.

"Global Cobalt Corp. is in a position to come back to trade after a long period under the management cease trade order," said Ordanian.

"Over the next few months, the board will be working to provide certainty around the Karakul cobalt project in Altai, Russia, and further develop the corporate strategy."

The company is focusing its efforts on the development of the Karakul cobalt property, located in the Altai Republic, Russia.

Quick facts: Global Cobalt Corp

Price: - CAD

TSX-V:GCO
Market: TSX-V
Market Cap: -
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