Pala completes privatization of Cobalt 27

Swiss investment firm Pala closed its privatization of Cobalt 27 Capital Corp, a Toronto-based battery metals streaming company. According to terms of the arrangement, each Cobalt 27 common share held was exchanged for C$4.00 in cash and one common share with an implied value of C$1.92 of the newly created Conic Metals Corp. The Conic common shares will begin trading on the TSX Venture Exchange in early November under the ticker symbol "NKL."

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