British Columbia, May 04, 2018 -- Bankers Cobalt Corp. announces that it intends to complete a non-brokered private placement of up to 50,000,000 units at a price of CAD $0.12 per Unit for aggregate proceeds of up to CAD $6,000,000. Each unit will consist of one common share of the Corporation and one-half of one Share purchase warrant . Each whole Warrant will be exercisable into one Share at an exercise price of $0.40
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