Puget Ventures Inc. (TSXV:PVS) filed and received receipt for a final short form prospectus containing the final details of its previously announced prospectus offering of units of the Company. A significant portion of the funds raised under the Offering will be for exploration of mining interests the Company will obtain through its proposed acquisition of Pafra Enterprises Company Limited and in particular the Karakul Cobalt Project.
Puget Ventures Inc. (TSXV:PVS) filed and received a receipt for an amended and restated preliminary short form prospectus regarding an offering of a minimum of 10,312,500 subscription receipts and a maximum of 26,668,250 subscription receipts, for minimum total gross amount of $6,187,500.
Cobalt Investing News spoke with Erin Chutter, president and CEO of Puget Ventures, about cobalt prices, the metal's demand picture and the changes in store for the company.
Puget Ventures Inc. (TSXV:PVS) announced that Dr. Michael Hitch, PhD, P.Geo., P.Eng., has joined the Board of Directors as technical advisor.
Oversupply has been depressing cobalt prices this year, and with new projects slated to bring more than 7 percent of current world production online by next year, the situation is expected to worsen. But with the Congo and China controlling most of the world’s cobalt supply, there is room for other producers of this critical mineral.
Puget Ventures Inc.(TSXV:PVS) announced entering into an equity financing agreement. The Company entered the agreement with Haverstock Fund, LLC with an amount of $15,000,000.
Puget Ventures Inc. (TSXV:PVS) announced a strategic partnership with Beijing AXHA Investment Co., whose parent company is CITIC Anhua Group. Anhua will arrange for an off-take agreement for the products of the Karakul Project with a major Chinese processor, subject to the approval of Puget Ventures, and arrange for the full financing for the EPC contract for the Karakul Project.
Puget Ventures Inc.(TSXV:PVS) announced a new loan agreement. The Company entered into the agreement concerning a $500,000 loan with a private company.
Puget Ventures Inc.(TSXV:PVS) announced that the Comapny's founder Erin Chutter, has been listed as on of Business Vancouver's 40 under 40 for 2011. Ms.Chutter will be honored at a ceremony on January 25th, 2012.
Puget Ventures Inc. (TSXV:PVS) filed a preliminary short form prospectus with respect to an offering of subscription receipts , which will be conducted on behalf of the Company by a syndicate co-led by Euro Pacific Canada Inc. and Jacob Securities Inc. and including D & D Securities Inc.
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