Cobalt 27 – Corporate Update
Toronto, Ontario January 11, 2018
Cobalt 27 Capital Corp. (the “Company” or “Cobalt 27”) TSXV: KBLT; FSE: 27O is pleased to announce that Mr. Andrew Ham has joined Cobalt 27’s Advisory Board.
Mr. Ham has a PhD in Structural Geology and over 20 years of buy-side, industry and research experience in diverse commodities and on six continents, he has an extensive network in the mining and investment sectors. Andrew was the Director of Mining Analysis for Sun Valley Gold LLC, a US-based, SEC-registered investment advisor in the precious metals sector. Previously, he was the Director of Mining Research/Senior Analyst for Passport Capital LLC, a San Francisco-based global investment firm, Senior Consultant in Structural Geology for SRK Consulting, a global geology and engineering firm, in both Australia and Canada. After being awarded his PhD in Structural Geology from James Cook University, Andrew spent two years there as a post doctoral research fellow before moving to industry. Mr. Ham is an independent resource consultant and the Managing Director of Hammer Analysis Ltd., until late 2017.
The Company, subject to TSX Venture Exchange (“TSXV”) and disinterested shareholder approval, has granted an aggregate of 660,000 incentive stock options and restricted share units to certain of its directors, officers, advisors and consultants. The incentive stock options granted are exercisable at $11.80 for a period of 5 years expiring January 10, 2023.
Following the award of stock options and RSU’s the Company currently has an aggregate of 2,023,749 options issued representing approximately 6% of its issued and outstanding share capital.
About Cobalt 27 Capital Corp.
Cobalt 27 Capital Corp. is a minerals company that offers pure-play exposure to cobalt, an integral element in key technologies of the electric vehicle and battery energy storage markets. The Company owns over 2,982 Mt of physical cobalt and manages a portfolio of 7 cobalt royalties. The Company intends to continue investing in a cobalt-focused portfolio of streams, royalties and direct interests in mineral properties containing cobalt, while potentially adding to its cobalt physical holdings when opportunities arise.
ON BEHALF OF
COBALT 27 CAPITAL CORP.
For further information contact the Company at 647.846.7765 and please visit Cobalt 27’s website at www.co27.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
photo credit: Cobalt 27 Capital Corp.