Berkut backing cobalt from Europe

RECENTLY listed Berkut Minerals is raising more cash and is set to get involved in the cobalt sector in Europe, with prospects in Czech Republic, Norway and Sweden to be looked at in a deal that sees the vendor potentially holding a significant stake in the new company assuming all goes to plan.

Berkut backing cobalt from Europe Berkut backing cobalt from Europe Berkut backing cobalt from Europe Berkut backing cobalt from Europe Berkut backing cobalt from Europe

Following due diligence and shareholder approval, Berkut will acquire cobalt project owner Kobald Mineral Holdings for $A300,000 cash plus five million shares, with an additional total of 15 million