Cobalt Blue Holdings Limited (ASX:COB) Thackaringa Joint Venture - Completion of Stage 2 Earning Obligations

Sydney, Sep 5, 2018 AEST (ABN Newswire) - Cobalt Blue Holdings Limited (ASX:COB) (OTCMKTS:CBBHF) advises that it has received notice from Broken Hill Prospecting Limited (ASX:BPL) (OTCMKTS:BPLNF) that BPL has accepted to its satisfaction the completion of the Stage Two earning obligations under the Joint Venture Agreement on the Thackaringa Cobalt Project in Broken Hill NSW. BPL advised that it completed a rigorous review of the TJV Stage Two deliverables. Accordingly COB now formally announces the following beneficial ownership over the Thackaringa tenements:

EL 6622 70% beneficial ownership

EL 8143 70% beneficial ownership

ML 86 70% beneficial ownership

ML 87 70% beneficial ownership


About Cobalt Blue Holdings Limited

Cobalt Blue Holdings Ltd (ASX:COB) (FRA:COH) (OTCMKTS:CBBHF) is an exploration and project development company. Work programs advancing the Broken Hill Cobalt Project in New South Wales continue. Our ambitious goals are subject to funding availability. Cobalt is a strategic metal in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.

    

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