May 1, 2017 / 11:26 AM / 3 months ago

BRIEF-First Cobalt says signed exclusive letter of intent to form strategic alliance

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May 1 (Reuters) - First Cobalt Corp

* First Cobalt to acquire 70 pct interest in 190 square kilometres in the DR Congo

* Says signed exclusive letter of intent with an associate of Madini Minerals ("madini"), to form a strategic alliance

* Says will earn controlling interest over seven prospective copper-cobalt ("cu-co") exploration properties Source text for Eikon: Further company coverage:

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