News

Cruz Capital Corp. (“Cruz” or the “Company”) has closed a non-brokered private placement (“the Offering”) of 6,732,500 units at for gross proceeds of $2,093,000, as previously announced on August 10, 2016. The Company issued 732,500 flow-through (“FT”) units at $0.40 per unit raising a total of $293,000 FT funds and the Company issued six million non flow-through (“NFT”) units at $0.30 raising a total of $1,800,000 hard dollar funds. Each FT unit consists of one FT common share and one…

Cruz Capital Corp (CUZ—TSXv, BKTPF—USA, A2AG5M–Germany) has now closed on a share purchase agreement with Cobalt Locaters Inc.  The assets of Cobalt Locaters Inc. consist of 6 separate cobalt prospects.  4 are located in Ontario and 2 are in British Columbia.  Cruz will now hold 7 separate cobalt prospects in Canada. Jim Nelson, President of Cruz Capital states, “We are pleased to have closed this acquisition.  This now gives Cruz Capital 7 separate cobalt assets within Canada.  Management feels that…

Cruz Capital Corp (CUZ—TSXv, BKTPF—USA, A2AG5M–Germany) has entered into a share purchase agreement with Cobalt Locaters Inc.  The assets of Cobalt Locaters Inc. consist of 6 separate cobalt prospects.  4 are located in Ontario and 2 are in British Columbia.  Cruz will now hold 7 separate cobalt prospects in Canada. Jim Nelson, President of Cruz Capital states, “We are extremely pleased to be able to acquire, within one transaction, what we feel is the best set of underdeveloped cobalt-first assets…

Cruz Capital Corp (CUZ—TSXv, BKTPF —USA, A2AG5M–Germany) has acquired the War Eagle Cobalt Prospect in British Columbia. Management believes that cobalt may face significant shortages in the future as the market for cobalt has been steadily increasing as the supply has not kept pace. Jim Nelson, President of Cruz Capital states, “We feel that the cobalt demand, primarily for electric vehicle batteries, will continue to increase in the near and distant future.  Cruz is very pleased to be acquiring our first…