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Global Cobalt Nears Completion of Global Energy Spinout

Global Cobalt Corporation (TSXV:GCO) announced that all of the conditions precedent to the completion of the arrangement transaction amongst Global Cobalt Corp., Global Energy Metals Corp. and Imperial Mining Holding Ltd. have now been satisfied or waived, and the parties are preparing to complete the transactions contemplated by the July 27, 2015, arrangement agreement.

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