In a news release, posted a day ahead of its annual shareholders meeting on Oct. 24, the Toronto company said it’s working on a “non-dilutive funding solution” involving government and industry to address this capital shortfall.

Source: https://www.northernontariobusiness.com/industry-news/manufacturing/cobalt-company-needs-funding-to-finish-construction-of-temiskaming-refinery-7721380

The company’s has a goal of lending more than $100M over the next year, and leverages proprietary machine learning to perform rapid data valuations and offer non-dilutive loans using copies of the borrowers’ data as collateral.

Source: https://sociable.co/business/gulp-data-and-eagle-alpha-partner-up-to-enable-businesses-to-unlock-the-value-of-their-data/