Kumova's cobalt play raises $20M

EUROPEAN Cobalt has raised A$20 million from institutional investors in a heavily oversubscribed placement that attests to demand for the metal from sources outside Africa and the high grades the company has delivered since starting exploration.

Kumova's cobalt play raises $20M Kumova's cobalt play raises $20M Kumova's cobalt play raises $20M Kumova's cobalt play raises $20M Kumova's cobalt play raises $20M

EUC, which is assessing the Dobsina cobalt-nickel-copper project, said the funding would allow it to significantly expedite the planned exploration and development activities in Slovakia, with the