June 2 (Reuters) - Cobalt One Ltd (CO1) :
- Entered into a binding term sheet with first cobalt corp
- Company has granted first cobalt an option to purchase 50pct of share capital of cobalt camp refinery ltd
- Exercise price will be cad$3 million in cash less the option fee of $750,000
News: CO1 Cobalt One enters into binding term sheet with First Cobalt Corp
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