SPP EXTENSION PENDING UPDATED MINERAL RESOURCE

SPP EXTENSION PENDING UPDATED MINERAL RESOURCE

  • SPP extended eight (8) days pending Stanton Cobalt Resource update; to allow shareholders to appraise new information

  • Final resource calculation expected early next week

  • Diamond drill core assays from 2017 drilling expected early next week

Northern Cobalt Limited (N27 or the Company) (ASX:N27) is pleased to announce that it has extended the closing date for its current Share Purchase Plan (SPP) for one week to allow for the expected release of an updated Mineral Resource Estimate at its Stanton Cobalt Deposit and additional drilling results. The SPP will now close on Wednesday 18 April 2018, previous close was Tuesday 10 April 2018, as detailed in the SPP Terms and Conditions announced on 21 March 2018 (New Shares to be issued Tuesday 24 April 2018).