Colbalt Holdings published its prospectus on 27 May 2025 – you can access it through its website here.

It is aiming to raise $230m, after fees, it would use most of the net proceeds to buy about 6,000 tonnes of cobalt.

RetailBook is running a conditional retail offer of new ordinary shares in Cobalt Holdings. The offer price for each share is $2.56. Retail investors can participate through RetailBook’s partner network of retail brokers, wealth managers and investment platforms, (subject to such partners’ participation), which includes AJ Bell, Hargreaves Lansdown and interactive investor;

Applications can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as general investment accounts.

There is a minimum subscription of $650 per retail investor. No commission will be charged by RetailBook.

For more information on how to participate in the Retail Offer, please click here.