TORONTO, July 22, 2020 /CNW/ – First Cobalt Corp. (TSXV: FCC) (OTCQX: FTSSF) (the “Company”) today provided an update on the recommissioning and expansion of its cobalt refinery located in Canada. As we execute our business plan, we have concluded that the optimal development scenario is to conduct additional product and process flow sheet testing at third party facilities. Meanwhile, the engineering optimization work has identified opportunities to reduce the operating costs of the refinery and the financing talks are progressing.
