Cobalt 27 secures $80 million credit facility to fund investments

Cobalt 27 has agreed an $80 million revolving credit facility to help fund its investments in the mineral industries, including streaming and royalty agreements, the company said late last week.

The credit facility, “significantly strengthens Cobalt 27’s liquidity and provides the financial capacity to accelerate our plans to close streaming transactions,” Anthony Milewski, chairman and chief executive officer of Cobalt 27 said in a...


Charlotte Radford

May 21, 2018

12:55 GMT