Announcement • Dec 24
Fuse Battery Metals Inc. announced that it expects to receive CAD 2 million in funding Fuse Battery Metals Inc. announced a private placement to issue 40,000,000 subscription receipts at an issue price of CAD 0.05 per receipt for gross proceeds of CAD 2,000,000 on December 23, 2025. The transaction is subject to exchange approval. Immediately upon completion of the transaction, each subscription receipt will convert to a single common share of the company on closing of the transaction. Finders' fees may be payable in connection with the private placement subject to compliance with exchange policies and the financing and finders' fees are subject to the approval of the exchange. All securities issued pursuant to the financing, transaction and finders' fees will be subject to a hold period as required under applicable Canadian securities legislation. Announcement • Oct 27
Fuse Battery Metals Inc., Annual General Meeting, Dec 22, 2025 Fuse Battery Metals Inc., Annual General Meeting, Dec 22, 2025. Location: british columbia, coquitlam Canada Announcement • Oct 13
Fuse Battery Metals Inc. Announce Appointment of Andrew Gertler as Director, Effective October 10, 2025 Fuse Battery Metals Inc. announce that effective October 10, 2025 it has appointed Andrew Gertler as a Director of the Company. Andrew Gertler brings a wealth of insight to his role as a board director, drawing on a 40-year career in business with a specialized focus on alternative investments, including real estate and distressed debt. His expertise was honed through leadership positions and as an advisor to noteworthy Canadian firms and family businesses. During his time as Senior Vice President at Hudson Advisors, he handled acquisitions and underwritings for the multi-billion-dollar Lone Star Opportunity Fund, overseeing major transactions in North American real estate and distressed assets. Spanning beyond real estate. Mr. Gertler has led successful engagements in IPOs, mergers, and acquisitions, and has held executive posts such as CEO of a digital media enterprise and CFO of an online news company. His management of alternative investments has included strategically navigating venture capital, leveraged and management buyouts, aligning with institutions like Morgan Stanley and Goldman Sachs. As a co-founder of Viscount Mining, he raised significant capital for mineral exploration and was integral in Sinomar Capital's alliance with Hunt Mining. Mr. Gertler's dynamic leadership at Lester Asset Management and multiple board positions highlight his strategic prowess and consulting savvy. Announcement • Jul 18
Fuse Battery Metals Inc. announced that it expects to receive CAD 2 million in funding Fuse Battery Metals Inc. announced a private placement to issue 40,000,000 subscription receipts at an issue price of CAD 0.05 for gross proceeds of CAD 2,000,000 on July 17, 2025. The transaction is subject to TSXV approval. Immediately upon completion of the transaction, each subscription receipt will convert to a single common share of the company. The financing may be brokered or non-brokered and agent's commissions and/or finder's fees in cash or securities may be payable in connection with the financing subject to compliance with TSXV policies and the financing and finder’s fees are subject to the approval of the TSXV. All securities issued pursuant to the financing, transaction and finder’s fees will be subject to a hold period as required under applicable securities legislation. Announcement • Jul 17
1545726 B.C. Ltd. signed a letter of intent to acquire Fuse Battery Metals Inc. (TSXV:FUSE) for CAD 2.5 million in a reverse merger transaction. 1545726 B.C. Ltd. signed a letter of intent to acquire Fuse Battery Metals Inc.(TSXV:FUSE) for CAD 2.5 million in a reverse merger transaction on July 17, 2025. The consideration consists of 50 million common equity of 1545726 B.C. Ltd. to be issued for common equity of Fuse Battery Metals Inc.
The transaction is subject to approval of merger agreement by target board, approval of offer by acquirer board, consummation of due diligence investigation, definitive agreement and obtaining financing. New Risk • May 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$966k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$966k free cash flow). Share price has been highly volatile over the past 3 months (28% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.76m market cap, or US$2.76m). Announcement • Feb 03
Fuse Battery Metals Inc., Annual General Meeting, Mar 28, 2024 Fuse Battery Metals Inc., Annual General Meeting, Mar 28, 2024. Announcement • Oct 27
Fuse Battery Metals Completes Phase 1 of its Exploration Plan at the Monitor Valley Nevada Lithium Project Fuse Battery Metals Inc. announced that it has completed the first phase of its summer /fall exploration program at its Monitor Valley Lithium Property in Lander County Nevada, approximately 50 kilometres west of Eureka, Nevada. At the Monitor Valley Lithium Project, the Company contracted the services of Rangefront Geological ("Rangefront") to perform both a detailed soil sampling on a 100 m X 100 m spacing and KLM Geoscience LLC ("KLM') to perform a CSAMT geophysical survey to obtain information about subsurface resistivity and geology. A total of nine CSAMT lines were surveyed for a total coverage of 17-line kilometers. Together these geological techniques should help predict geological structure and possible locations for sub-surface lithium accumulation. Announcement • Feb 16
Fuse Battery Metals Inc. (TSXV:FUSE) entered into an agreement to acquire 108 Placer Claims in Washoe County, Nevada from Malcolm J. Bell for $0.06 million. Fuse Battery Metals Inc. (TSXV:FUSE) entered into an agreement to acquire 108 Placer Claims in Washoe County, Nevada from Malcolm J. Bell for $0.06 million on February 14, 2023. As part of consideration, Fuse Battery will pay $33,982 and will issue 500,000 shares. All securities issued in connection with the transaction are subject to a four month and a day hold period in accordance with Canadian securities laws. Announcement • Jan 15
Fuse Cobalt Inc. Announces Changes to Board of Directors FUSE COBALT INC announced in order to balance his collective business responsibilities, Mr. Greg Reimer has resigned as both Director and Chairman of the Company. Mr. Reimer has agreed to continue to support Fuse and will remain as an active member of the Fuse Corporate Advisory Board. Commensurate with this change, Fuse also announced effective immediately, Mr. Robert Setter will take over the reins as Chairman of the Board, and Mr. Tim Fernback has been appointed as the Interim President &CEO of the Company. Announcement • Dec 16
Fuse Cobalt Inc. announced that it has received CAD 1.5 million in funding On December 15, 2022, Fuse Cobalt Inc closed the transaction. The transaction included participation from insiders for 2,330,000 units. The company has paid finder fees in the amount of CAD 45,450 cash, 2,249,750 shares and 300,000 non-transferable finder warrants. The finder’s warrants are on the same terms as the financing warrants. The finder fees are subject to Exchange approval. Announcement • Dec 10
Fuse Cobalt Inc. Reports Assay Results Pending from Exploration Drilling At Glencore Bucke Project, Cobalt, Ontario Fuse Cobalt Inc. announced the company is still awaiting all drill assay results from the drill program, completed in mid-October at the Glencore Bucke Project located just outside Cobalt Ontario and near the cobalt refinery of Electra Battery Metals Corporation. However, these results are expected to be received within the next two weeks. The drill program was 1842m in total and Fuse is awaiting 300 samples results from the assay lab. The Glencore Bucke Property consists of two patented mining claims totaling approximately 16.2 ha in area located on the west boundary of Fuse's Teledyne Cobalt Project. In 1981, Teledyne leased mining claim 585, now the "Glencore Bucke Property") from Falconbridge Nickel Mines Ltd. The company recognized the significant exploration potential that the Property had due to the possible southern extensions of veins from the Cobalt Contact Mine property adjoining to the north that could project southward onto the Property. Their work delineated two mineralized zones, named the Main Zone and Northwest Zone, measuring 500 ft (152.4 m) and 200 ft (70.0 m) in length respectively on the Glencore Bucke property. Announcement • Dec 08
Fuse Cobalt Inc. announced that it expects to receive CAD 1.5 million in funding Fuse Cobalt Inc. announced a non-brokered private placement of 30,000,000 units at an issue price of CAD 0.05 per unit for gross proceeds of CAD 1,500,000 on December 7, 2022. Each unit comprises of one common share of the company and one share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of CAD 0.065 per share, for a period of five years from closing, subject to TSX Venture Exchange (TSXV)approval. Finder’s fees will be paid in connection with in accordance with Exchange Polices and are subject to Exchange approval. The securities issued and finder’s fees will be subject to a four-month and a day hold period in accordance with applicable Canadian Securities Laws. Board Change • Nov 16
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 8 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). President, CEO & Director Robert Setter is the most experienced director on the board, commencing their role in 2020. Independent Director Chip Richardson was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Nov 11
Fuse Cobalt Inc. Appoints Tim Fernback to Its Board of Directors Fuse Cobalt Inc. announced that effective November 10, 2022, Mr. Tim Fernback has joined the Fuse Board of Directors. In the past, Tim has held multiple senior executive positions, including oversight of the Investment Banking and Corporate Finance Divisions at Wolverton Securities, formerly Western Canada's oldest brokerage firm. He was also responsible for the consulting practice at Discovery Capital Corporation, a prominent British Columbia venture capital firm that specializes in financing and consulting. During his time at Wolverton Securities, Mr. Fernback was responsible for due diligence reviews on corporate clients and investment banking business development relationships. He planned and opened 3 regional offices in western Canada and reviewed and analyzed over 300 corporate clients, raising over $750M. Responsible for over 50 IPOs and over 100 Reverse-Mergers on the TMX and Nasdaq, Mr. Fernback represented Wolverton nationally on various stock exchange committees and industry groups, including the Corporate Finance Advisory Group and Underwriting Groups on various Canadian exchanges. Mr. Fernback currently serves as a Director for several Canadian mining companies. He holds an Honours B.Sc. from McMaster University and is a graduate of the Sauder School of Business at the University of British Columbia, where he completed an MBA with a concentration in Finance. He holds a Certified Professional Accounting Designation (CPA, CMA) and is an active member of many industry and trade organizations in Vancouver. Announcement • Oct 27
Fuse Cobalt Awaiting Assays from Exploration Drilling At Glencore Bucke Project, Cobalt, Ontario Fuse Cobalt Inc. announced the Company is awaiting results from the recently completed drill program at the Glencore Bucke Project located just outside Cobalt Ontario and near the cobalt refinery of Electra Battery Metals Corporation (ELBM). As of October 20th, 2022, 300 samples have been sent to the assay lab including all the holes with mineralization noted in the core logging so far. Eleven of thirteen holes are fully logged. The supervising project geologist notes the following in his latest summary: The drill program was engineered to follow-up existing intercepts from the 2017-2018 drilling at depth as well as test the First Priority Target's outlined in the geophysical report. This year's drill program has an initial budget of $500,000. Prior diamond drilling results from the 2017-2018 drill campaign include: GB17-07 intersected 7.64% Co over 0.26m from 99.79 to 100.05m., GB17-10 intersected0.55% Co over 5.00m from 28.00 to 33.00m., GB17-15 intersected 0.90% Cu over 20.20m from 42.50 to 62.70m, including 8.42% Co over 0.30m from 62.40 to 62.70m., GB17-21 intersected 1.25% Cu over 6.10m from 67.50 to 73.60m, including 0.73% Co over 0.60m from 69.7 to 70.30m.,GB18-44 intersected 0.11% Co and 1.04% Cu over 8.40m from 110.60 to 119.00m. The above intervals represent core lengths, and not true widths (NI 43-101 Technical Report on the Teledyne Cobalt and Glencore Bucke ProjectFeb 4, 2021). The Glencore Bucke Property consists of two patented mining claims totaling approximately 16.2 ha in area located on the west boundary of Fuse's Teledyne Cobalt Project. In 1981, Teledyne leased mining claim 585, now the "Glencore Bucke Property") from Falconbridge Nickel Mines Ltd. The company recognized the significant exploration potential that the Property had due to the possible southern extensions of veins from the Cobalt Contact Mine property adjoining to the north that could project southward onto the Property. Their work delineated two mineralized zones, named the Main Zone and Northwest Zone, measuring 500 ft (152.4 m) and 200 ft (70.0 m) in length respectively on the Glencore Bucke property. Announcement • Sep 22
Fuse Cobalt Inc. Begins Preparation for its Diamond Drill Program at Glencore Bucke Project, in Cobalt, Ontario Fuse Cobalt Inc. announced that preparation for its multi-hole diamond drilling exploration program has begun at its 100% owned cobalt project, the Glencore Bucke Pro ty in Ontario Canada. The planned exploration program has an initial budget of $500,000 and has been designed to locate and test targets within the vicinity of known mineralization from prior drilling results. To date, the company has: Completed a detailed induced polarization geophysical survey utilizing the Alpha IP Wireless Time Domain Distributed Technology System by Simcoe Geoscience. Preliminary 2D profiles and an early 3D model has been received with the final report pending. Selected a diamond drilling contractor local to the Cobalt area. They are known for their quality of work and produce excellent meterage. They have ex ience drilling in the Cobalt Camp and have worked for companies such as First Cobalt Corp. (now Electra Battery Metals) as well as Canada Silver Cobalt Works. Begun planning follow-up drill holes to the 2017 and 2018 drill program. Begun planning drill holes to test IP anomalies based on the preliminary geophysical data received from Simcoe Geoscience. These drill holes will be finalized once the final report is received. The Glencore Bucke Pro ty consists of two patented mining claims totaling approximately 16.2 ha in area located west of and contiguous to Fuse's Teledyne Cobalt Project. In 1981, Teledyne leased mining claim 585, now the Glencore Bucke Pro ty from Falconbridge Nickel Mines Ltd. The company recognized the significant exploration potential that the Pro ty had due to the possible southern extensions of veins from the Cobalt Contact Mine pro ty adjoining to the north that could project southward onto the Pro ty. Their work delineated two mineralized zones, named the Main Zone and Northwest Zone, measuring 500 ft (152.4 m) and 200 ft (70.0 m) in length respectively on the Glencore Bucke pro ty. Prior to the 2022 mineral exploration season, in 2017 Fuse completed 21 diamond drill holes totaling 1,913.50 m in a first phase of drilling designed to confirm and extend the existing known mineralized zones on the pro ty as part of a first phase of drilling. The program tested the Main Zone for a strike length of approximately 55 m and the Northwest Zone for a strike length of approximately 45 m. Highlights from the 2017 diamond drill program include but are not limited to: Following up this success, Fuse completed and additional 24 diamond drill holes in 2018 at Glencore-Bucke totaling 2,559 m in phase II. The Company successfully intersected mineralized zones along strike in addition to both vertically above and below previous intersections reported on the Main and Northwest Zones. One of the holes drilled in 2018, GB18-44, intersected visible cobalt mineralization and returned grades of 0.11% Co, 9.4 ppm Ag, and 1.04% Cu over a core length of 8.40 m from 110.60 to 119.00m. Announcement • Sep 08
Fuse Cobalt Inc. Announces Successful Completion of Induced Polarization Survey At Glencore/Bucke Project, Cobalt, Ontario Fuse Cobalt Inc. announced that Simcoe Geoscience of Stouffville, Ontario completed a detailed induced polarization geophysical survey utilizing the Alpha IP Wireless Time Domain Distributed Technology System over the Glencore/Bucke Project at Cobalt, Ontario. Preliminary 2D profiles and an early 3D model have been received with promising chargeability results evident. The complete report including final results and recommendations is estimated to take a further two weeks at which time the results will be released. The objective of the survey was to resolve narrow vein cobalt and silver mineralization and any cross-cutting structures to a depth of approximately 125m on 400m long grid lines with a 50m line spacing. Previous drilling has indicated veins to be present at least 100m from surface, and this survey will assist in determining if the mineralization continues both up and down dip along the structures. The technical team will correlate the new IP geophysical data with the existing drillhole database to create new drill targets for the upcoming drill program. In addition, the survey may assist in identifying volcanic hosted massive sulphide (VHMS) mineralization by tracing/correlating polymetallic intersections in drill holes GB 18-44 and GB 18-45 to the IP results. Although there has been no success to date in locating economic VHMS deposits in the Cobalt camp, the possibility should not be dismissed. (Joerg Kleinboeck P. Geo and David Jamieson, P. Geo, Ni 43-101 Report on the Glencore/Bucke and Teledyne Properties, Feb. 2021). For example, step out hole GB 18-44 intersected visible cobalt mineralization returning 0.11% Co, 9.4 g/t Ag, and 1.04% Cu over 8.40m from 110.60 to 119.00m. Announcement • Aug 26
Fuse Cobalt Inc. Appoints Gerhard Kiessling, P. Geo to Strategic Advisory Board Fuse Cobalt Inc. announced that effective August 25, 2022, Mr. Gerhard Kiessling, P. Geo., has joined the Fuse Strategic Advisory Board. Gerhard Kiessling, P. Geo., has more than 6 years experience with both mineral exploration and development as a professional geologist with a focus on managing mineral exploration and drilling programs for both precious and base metals in Canada. With this experience, Mr. Kiessling has gained a wide range of field exploration and drilling experience throughout the Province of Ontario. Mr. Kiessling is the current VP Exploration of Canada Silver Cobalt Works Inc. ("Canada Cobalt"), a position he was recently promoted to in August 2022. Prior to this, Mr. Kiessling was the Exploration Manager for Canada Cobalt since 2020. Prior to working for Canada Cobalt, Mr. Kiessling was the Exploration Geologist for McEwen Mining Inc., a successful gold and silver mining company based out of Toronto Canada, an Exploration Geologist for First Cobalt Corp. (renamed Electra Battery Materials Corporation), as well as, a Exploration Geologist with Kirkland Lake Gold Inc., prior to its acquisition in February 2022 by Agnico Eagle Mines Limited. Kirkland Lake Gold was a successful mining company and was a key part of the S&P /TSX 60 Index at the time of its acquisition. Mr. Kiessling graduated from the University of Waterloo in 2016 with a Bachelor of Science (Honors), majoring in Earth Science. He is an active and practicing member of the Professional Geoscientists of Ontario (PGO). Announcement • Aug 24
Fuse Cobalt Initiates $500,000 Exploration Program Targeting Significant Cobalt Mineralization Fuse Cobalt Inc. announce the Company is about to undertake a "state of the art" Alpha IPTM geophysical survey provided by Simcoe Geoscience Limited, followed by a multi-hole diamond drilling exploration program at its 100% owned cobalt project, the Glencore Bucke Property in Ontario Canada. The planned exploration program has an initial budget of $500,000 and has been designed to locate and test targets within the vicinity of known mineralization from prior drilling results. The Glencore Bucke Property consists of two patented mining claims totaling approximately 16.2 ha in area located west of and contiguous to Fuse's Teledyne Cobalt Project. In 1981, Teledyne leased mining claim 585, now the "Glencore Bucke Property") from Falconbridge Nickel Mines Ltd. The company recognized the significant exploration potential that the Property had due to the possible southern extensions of veins from the Cobalt Contact Mine property adjoining to the north that could project southward onto the Property. Their work delineated two mineralized zones, named the Main Zone and Northwest Zone, measuring 500 ft (152.4 m) and 200 ft (70.0 m) in length respectively on the Glencore Bucke property. Prior to the 2022 mineral exploration season, in 2017 Fuse completed 21 diamond drill holes totaling 1,913.50 m in a first phase of drilling designed to confirm and extend the existing known mineralized zones on the property as part of a first phase of drilling. The program tested the Main Zone for a strike length of approximately 55 m and the Northwest Zone for a strike length of approximately 45 m. Following up this success, Fuse completed and additional 24 diamond drill holes in 2018 at Glencore-Bucke totaling 2,559 m in phase II. The Company successfully intersected mineralized zones along strike in addition to both vertically above and below previous intersections reported on the Main and Northwest Zones. One of the holes drilled in 2018, GB18-44, intersected visible cobalt mineralization and returned grades of 0.11% Co, 9.4 ppm Ag, and 1.04% Cu over a core length of 8.40 m from 110.60 to 119.00m (NI 43-101 Technical Report on the Teledyne Cobalt and Glencore Bucke Project Feb. 4, 2021). Announcement • Aug 10
Fuse Cobalt Inc. Appoints James Hellwarth to Advisory Board Fuse Cobalt Inc. announced the appointment of Mr. James Hellwarth to the Advisory Board of Fuse Cobalt. Over the past 10 years, Mr. Hellwarth of Orlando Florida has worked and strategically partnered with many of the leading financial media networks, these networks expand from influencer networks, content marketing, professional copywriting, native ads, Omni Chanel programmatic advertising and display ads marketing. Mr. Hellwarth has been instrumental in helping companies create their own digital footprint. Mr. Hellwarth has established and developed relationships with high-net-worth individuals and organizations. Mr. Hellwarth has been involved in business development and strategy of small cap companies. He has helped raise capital and create new opportunities for his clients. His portfolio of work spans across multiple sectors such as Mining, Finance, Product Development and Technology. Over the past 13 years Mr. Hellwarth has established significant relationships with investment bankers, hedge funds as well as numerous Industry specific heads. Mr. Hellwarth prides himself in aligning mutually benefiting strategic partners. Announcement • Aug 05
Fuse Cobalt Inc. Appoints Matthew Halliday to Its Strategic Advisory Board Fuse Cobalt Inc. announced that effective August 04, 2022, Mr. Matthew Halliday, P.Geo., has joined the Fuse Strategic Advisory Board. Matthew Halliday, P. Geo., has more than 15 years experience with both mineral exploration and development as a professional geologist with a focus on orebody modelling and reserve evaluation for both precious and base metals. Mr. Halliday has also gained a wide range of experience with advanced field exploration and drilling throughout Canada. Mr. Halliday is the current President &COO of Canada Silver Cobalt Works Inc. Prior to working for Canada Cobalt, Mr. Halliday was a Resource Geologist for Kirkland Lake Gold Inc. prior to its acquisition in February 2022 by Agnico Eagle Mines Limited, a Project Geologist for First Cobalt Corp. currently renamed Electra Battery Materials Corporation as well as, a Resource Geologist with global engineering giant, SGS S.A., which provides inspection, verification, testing and certification services with more than 96,000 employees and operates over 2,600 office sand laboratories worldwide. Mr. Halliday is a graduate of Dalhousie University with a B.Sc. in Earth Science in 2007 and has been a member of the Professional Geoscientists Ontario (PGO) since December 2015. Announcement • Aug 03
Fuse Cobalt Inc. Appoints Mr. Frank Basa as Strategic Advisory Board Fuse Cobalt Inc. announce that effective, Mr. Frank Basa has joined the Fuse Strategic Advisory Board. Frank J. Basa, P. Eng. has more than 37 years global experience in mineral exploration and development as a professional hydrometallurgical engineer with a focus in milling, gravity concentration, flotation, leaching and refining of precious and base metals. Mr. Greg Reimer, Fuses Chairman states, Having Frank join company in a strategic advisory capacity adds the right skill set at the right time for Fuse. Franks deep knowledge of both cobalt exploration and mineral extraction will be important as move into a new exploration phase with cobalt projects in Ontario. Frank has decades of cobalt mineral exploration experience in the immediate area, is a trusted individual within the local first nations community and is a well-respected member of the Canadian mining community. look forward to having him contribute to the success of cobalt projects for shareholders. Mr. Basa is the current Chairman &CEO of Canada Silver Cobalt Works Inc. Canada Silver Cobalt Works is a dual-focus precious metals and battery metals junior mining company with a valuable portfolio of critical energy metals projects based in safe and ecologically responsible jurisdictions. Canada Cobalt has 100% ownership of the Castle mine and the 78 sq. km Castle Property with strong exploration upside in the prolific past producing Gowganda high-grade Silver Camp of Northern Ontario. Canada Cobalt is strategically positioned to become a vertically integrated North American leader in cobalt extraction and recovery while it also exploits a powerful new silver-gold market cycle. Granada Gold Mine Inc. is a Canadian junior mining and exploration company with Gold and Silver properties in Quebec and Ontario. The Company's current focus is directed towards the development and continued exploration of the Granada Property situated in the heart of the famous Abitibi Greenstone Belt and along the prolific "Cadillac Trend". This potential high-tonnage, near-surface deposit is located 15 minutes from Rouyn-Noranda Quebec. The Rouyn-Noranda airport offers easy access into the area and on to paved roads to the mine site. The area offers excellent infrastructure and good supply of skilled labour throughout the region. In addition to his direct mining expertise, Frank Basa has been a lecturer at the Northern College of Applied Arts and Technology, a Manager at the Ontario Ministry of Northern Development and Mines, and has spent over seven years as the Refinery Manager &Environmental Co-ordinator for Agnico Eagle Mines Limited. Mr. Basa is a graduate of McGill University with a B.A. in Engineering in 1983 and has been a member of the Professional Engineers of Ontario since 1987. Announcement • Jul 15
Fuse Cobalt Inc. Appoints Greg Reimer as Chairman of its Board of Directors Fuse Cobalt Inc. announced that effective July 14, 2022, Greg Reimer has been appointed to the role of Chairman on the company’s Board of Directors. Reimer has held a number of senior leadership positions in the public sector and brings to the board considerable expertise in energy and mining policy and regulation from his time as Deputy Minister of Energy, Mines and Petroleum Resources and Chair of the BC Oil and Gas Commission. Greg also held a senior operations role at BC Hydro and the company is looking forward to his contributions from a clean energy perspective. Currently, Reimer is President, CEO and Director of Surge Battery Metals Inc. and holds a Certified Public Accountant (CPA) designation. Announcement • Jun 24
Fuse Cobalt Inc. Announces Board Changes Fuse Cobalt Inc. announced that effective June 23, 2022, Mr. Greg Reimer has joined the Fuse Board of Directors. Mr. Reimer has held a number of senior leadership positions in the public sector and brings to the board considerable expertise in energy and mining policy and regulation from his time as Deputy Minister of Energy, Mines and Petroleum Resources and Chair of the BC Oil and Gas Commission. Greg also held a senior operations role at BC Hydro and the company is looking forward to his contributions from a clean energy perspective. Currently, Mr. Reimer is President, CEO and Director of Surge Battery Metals Inc. A Certified Public Accountant (CPA) by profession, Greg has also worked a consultant within the North American energy industry as well as in an executive capacity for a successful North American electrical services contractor. Concurrent with this board appointment, Konstantin Lichtenwald has resigned as a Director of the Company. Board Change • May 05
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. 3 experienced directors. No highly experienced directors. President, CEO & Director Robert Setter is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 27
Fuse Cobalt Inc. announced that it has received CAD 1.645 million in funding Fuse Cobalt Inc. announced that it has completed a non-brokered private placement of 32,900,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 1,645,000 on January 26, 2022. The transaction included participation from insiders of the company for a total of 500,000 units. Each unit consists of one common share and one share purchase warrant of the company. Each warrant entitles the holder thereof to purchase one additional common share of the company at an exercise price of CAD 0.065 per share, for a period of five years from closing, subject to final TSX Venture Exchange approval. The company also paid finder fees in the amount of CAD 37,750 in cash and 2,285,000 shares in connection with the transaction. The finder fees are subject to TSX Venture Exchange approval. All securities issued are subject to a four-month and a day hold period expiring on May 27, 2022. Recent Insider Transactions • Jan 29
Corporate Secretary recently sold CA$88k worth of stock On the 22nd of January, Tina Whyte sold around 475k shares on-market at roughly CA$0.19 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$102k more than they bought in the last 12 months. Is New 90 Day High Low • Jan 21
New 90-day high: CA$0.26 The company is up 750% from its price of CA$0.03 on 22 October 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 5.0% over the same period. Announcement • Jan 13
Fuse Cobalt to Investigate Potential for Lithium Clay Deposits At Teels Marsh, Nevada Fuse Cobalt Inc. announced it plans to review all previous exploration results on its 100% owned Teels Marsh West Project, including other potential sites in the vicinity, and evaluate the data in order to guide a Spring 2021 program aimed at locating lithium bearing montmorillonite clay deposits. Metallurgical testing of montmorillonite clay, a non-Hectorite clay, in nearby Clayton Valley indicates low-cost processing can be achieved by leaching with low acid consumption (125 kg/t) and high lithium recovery over 85% Li.
These high extractions prove that the dominant lithium-bearing minerals present are not hectorite, a refractory clay mineral which requires roasting and/or high acid consumption to liberate the lithium. 
