New Fuse Cobalt Inc. Chairman of the Board Discusses Growth Track, Battery Metal Industry in Audio Interview with SmallCapVoice.com
Rhea-AI Summary
Austin-based Fuse Cobalt Inc. has appointed Greg Reimer as the new Chairman of the Board. Reimer, who is also the CEO of Surge Battery Metals Inc., discussed the company's plans in an interview. He highlighted a recent surge in cobalt prices, allowing Fuse to refocus on its exploration program for 2022. The company is preparing for further drilling at its Glencore and Teledyne properties, which previously showed high cobalt intersections. The growing demand for battery metals, driven by electric vehicle needs, positions Fuse favorably for future growth.
Positive
- Appointment of Greg Reimer as Chairman, bringing relevant mining and energy experience.
- Surge in cobalt prices enhances exploration opportunities for 2022.
- Preparation for fall drilling program at high-intersection Glencore and Teledyne properties.
- Increasing demand for cobalt drives potential market growth.
Negative
- None.
News Market Reaction – FUSEF
In the trading session that priced this news, FUSEF declined 78.59%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
AUSTIN, Texas, July 15, 2022 (GLOBE NEWSWIRE) -- SmallCapVoice.com Inc. (“SCV”) announces the availability of an interview with Greg Reimer, newly appointed Chairman of the Board to Canadian cobalt exploration company Fuse Cobalt Inc. (“the Company” or “Fuse”) (TSXV:FUSE, OTCQB:FUSEF FRA:43W3) and current CEO of Surge Battery Metals Inc.
Speaking with SCV’s Stuart Smith, Reimer gives a quick review of Fuse and how his professional background is complementary to the Company’s business model and growth track.
“I've had a lot to do with mining policy and operations, as well as energy. I'm well-suited for this field and look forward to serving on the board,” he says, then moving to discussion of Fuse’s Glencore and Teledyne properties. “A significant increase in cobalt prices has given the Company the ability to refocus and plan for our 2022 exploration program … These two projects have high cobalt intersections that were identified in previous drilling programs and we're currently securing drilling resources for a fall drilling program.”
Reimer also gives insight into the broader battery metals market and discusses increasing demand for electric vehicles and battery-powered consumer products.
Listen to the full interview at: https://www.smallcapvoice.com/july-interview-fuse-cobalt-fusef/.
About Fuse Cobalt Inc. https://fusecobalt.com/
Fuse Cobalt Inc. is a Canadian-based exploration company that trades under the symbol FUSE on the TSX Venture Exchange. The Company's focus is on exploration for high value metals required for the manufacturing of batteries.
About SmallCapVoice.com
SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients' financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTCMarkets. To learn more about SmallCapVoice.com and its services, please visit https://www.smallcapvoice.com/small-cap-stock-otc-investor-relations-financial-public-relations/.
Socialize with SmallCapVoice and their clients at
Facebook: https://www.facebook.com/SmallCapVoice/
Twitter: https://twitter.com/smallcapvoice
Instagram: https://www.instagram.com/smallcapvoice/
Forward Looking Statements:
This press release and the offering materials may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Forward-looking statements are neither historical facts nor assurances of future performance. They are based on the current beliefs of, assumptions made by, and information currently available to the company's management regarding the future of the company's business, future plans and strategies, anticipated events and trends, the economy and other future conditions. When used in the offering materials, the words "aim," "estimate," "project," "believe," "anticipate," "intend," "envision," "estimate," "expect," "future," "goal," "hope," "likely," "may," "plan," "potential," "seek," "should," "strategy," "will" and similar references to future periods are intended to identify forward-looking statements, which constitute forward looking statements. These statements reflect management's current views with respect to future events and are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict (many of which are outside of the company's control) and could cause the company's actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. All subsequent written and oral forward-looking statements concerning the company, the offering or other matters, are expressly qualified in their entirety by the cautionary statements above. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.
Contact Information:
SmallCapVoice.com
Stuart T. Smith
512-267-2430
Source: SmallCapVoice.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/627950a9-2b48-45a3-b98d-a297c18c7f12
