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QBAT.CN ·

Quantum Cobalt Corp – Announces Changes to the Board

Management Changes

NEWS RELEASE

May 22, 2019

QUANTUM COBALT CORP – ANNOUNCES CHANGES TO THE BOARD

Vancouver, British Columbia – Quantum Cobalt Corp. (CSE: QBOT; OTC: BRVVF; FRA: 23B) (“Quantum”

or the “Company”) has appointed David Greenway as the Company’s CEO following a meeting between

the directors and the resignation of David Schmidt as CEO.

The company would also like to announce Dino Minichiello to the board of directors. Dino Minichiello is

a Venture capitalist and entrepreneur; founder and cofounder of several appa rel companies and

investment companies. Dino notably was the founder and Chief Executive Officer of Triumph Capital, a

Canadian private equity and investment banking firm that combines capital support with hands -on

executive consultation. Raising millions of dollars in the private space.

“I look forward to bringing My expertise in private enterprise and capital raising to the quantum team.”

The company’s board now consist of Von Torres, David Greenway, David Schmidt, Quinn Field-Dyte, and

Dino Minichiello.

QUANTUM COBALT CORP.

“Von Torres”

_______________________

Von Torres, Director

Contact Information:

800 – 1199 West Hastings Street

Vancouver, British Columbia

V6E 3T5

Tel.: 604.283.1722 / Fax: 1.888.241.5996

Forward-Looking Information This news rel ease includes certain statements that may be deemed "forward -looking

statements". All statements in this release, other than statements of historical facts, that address events or developments t hat

Quantum Cobalt Corp. (the "Company") expects to occur, are forward-looking statements. Forward -looking statements are

statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans",

"anticipates", "believ es", "intends", "estimates", "projects", "potential" a nd similar expressions, or that events or conditions

"will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward -

looking statements are ba sed on reasonable assumptions, such statements are not guarantees of future performance and

actual results may differ materially from those in the forward -looking statements. Factors that could cause the actual results to

differ materially from those in fo rward-looking statements include market prices, exploi tation and exploration successes, and

continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned

that any such statements are not guara ntees of future performance and actual results or deve lopments may differ materially

from those projected in the forward -looking statements. Forward -looking statements are based on the beliefs, estimates and

opinions of the Company's management on the date the statements are made. Except as required by applic able securities laws,

the Company undertakes no obligation to update these forward -looking statements in the event that management's beliefs,

estimates or opinions, or other factors, should change.