May 22, 2019 / 1:15 AM / 6 months ago

BUZZ-First Cobalt's Aussie shares jump to near 6-week high on MoU with Glencore

** Australia-listed shares of First Cobalt Corp rise as much as 26.7% to A$0.190, their highest since April 11

** Canada-based pure-play cobalt co signs MoU with Glencore

** Glencore will supply cobalt feedstock and financing to recommission First Cobalt refinery in Ontario

** Stock posts biggest intraday percentage gain since April 4

** More than 1.4 mln shares change hands, compared with 30-day average volume of about 641,500

** Stock down nearly 16.7% this year, as of last close

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