logo-loader
viewPrimary Energy Metals Inc.

Primary Cobalt Corp names new chief financial officer

Balderson has been an officer and director of several TSX Venture Exchange-listed companies over the past 12 years

1535116592_boardroom.jpg
Balderson has been an officer and director of several TSX Venture Exchange-listed companies

Primary Cobalt Corp (CSE:PRIM), the energy metals group, has named  Geoff Balderson as finance chief and director, replacing Ken Phillipe as chief financial officer.

Balderson is the president of Flow Capital Corp and Harmony Corporate Services, two private business consulting companies in Vancouver.

Balderson has been an officer and director of several TSX Venture Exchange-listed companies over the past 12 years, and before that, he was an investment adviser at Union Securities and Georgia Pacific Securities Corp.

"We are very pleased to welcome Geoff to the board, and look forward to his enthusiasm and knowledge of the public markets and financing options to our team," said Patrick Morris, chief executive at Primary Cobalt.

Last week, Primary Cobalt revealed it was set to raise C$3mln via a private placing.

The firm is cancelling a previously announced placing for up to C$750,000 and instead will issue up to 40mln units at C$0.075 each.

Proceeds will be used for the company's exploration programs in Canada and Spain, acquisition costs and for general working capital, it said.

Shares were unchanged at C$0.065.

Quick facts: Primary Energy Metals Inc.

Price: 0.4 CAD

CSE:PRIM
Market: CSE
Market Cap: $9.33 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Primary Energy Metals Inc. named herein, including the promotion by the Company of Primary Energy Metals Inc. in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Primary Energy Metals see big upside with projects in Utah, Spain and...

Primary Energy Metals (CSE:PRIM) CEO Patrick Morris joined Steve Darling from Proactive Investors in Vancouver to update Primary's projects around the world including Spain. Morris also provided details of their recent acquisition of 39 mineral claims in various locations in the Province...

on 1/11/18

2 min read