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Brixton Metals ready to spin out northeast cobalt properties

from Northern Ontario Business

The potential of two former cobalt and silver mines in northeastern Ontario has convinced Brixton Metals to form a standalone, publicly-traded, cobalt company. Higher prices for cobalt, the flurry of recent cobalt company acquisitions and streaming deals, and strong demand coming from the electric vehicle market were cited as the reasons to create a spinoff company, said the Vancouver-based junior exploration outfit in a recent news release. more

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