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eCobalt Solutions Inc (ECS.TO)

ECS.TO on Toronto Stock Exchange

0.30CAD
22 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Ecobalt Announces Cost Control Measures In Response To Market Conditions
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - eCobalt Solutions Inc ::ECOBALT ANNOUNCES COST CONTROL MEASURES IN RESPONSE TO MARKET CONDITIONS.ECOBALT SOLUTIONS - WHILE LONG-TERM FUNDAMENTALS FOR COBALT REMAIN VERY STRONG, FORECAST PRICES FOR NEAR TERM HAVE DROPPED AS A RESULT OF OVERSUPPLY.ECOBALT SOLUTIONS - IS TAKING MEASURES TO PRESERVE ITS TREASURY BY REDUCING TOTAL OVERHEAD COSTS.ECOBALT - WORKFORCE TO BE REDUCED TO ONLY EMPLOYEES ESSENTIAL FOR COMPLETING ALL CRITICAL PATH ITEMS & ONGOING ACTIVITIES AT IDAHO COBALT PROJECT.ECOBALT SOLUTIONS - CURRENT OVERSUPPLY OF PRODUCT ON MARKET COMING FROM EXCESS COBALT PRODUCTION FROM CONGO AND REFINED SUPPLY FROM CHINA.ECOBALT SOLUTIONS - WHILE CO CONTINUES TO ADVANCE ICP, NON-ESSENTIAL OPERATING AND CORPORATE EXPENSES WILL BE REDUCED/ELIMINATED.ECOBALT SOLUTIONS - SEES SUPPLY DEFICIT TO OCCUR IN NEAR TERM FROM GROWING DEMAND FOR ELECTRIC VEHICLES AND COBALT-CONTAINING LITHIUM-ION BATTERIES.  Full Article

Ecobalt Announces Retirement Of Paul Farquharson And Appoints New CEO
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - eCobalt Solutions Inc ::ECOBALT ANNOUNCES RETIREMENT OF PAUL FARQUHARSON AND APPOINTS NEW CHIEF EXECUTIVE OFFICER.ECOBALT SOLUTIONS INC - PAUL FARQUHARSON WILL RETIRE AS PRESIDENT, CEO AND DIRECTOR OF BOARD ON OCTOBER 1, 2018.ECOBALT SOLUTIONS INC - PAUL FARQUHARSON WILL BE SUCCEEDED BY MICHAEL CALLAHAN AS PRESIDENT, CEO AND DIRECTOR OF BOARD.  Full Article

Deals of the day-Mergers and acquisitions

April 2 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: