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GHL.V ·

Greatbanks Resources Ltd – ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING RESULTS

Shareholder Meetings

NEWS RELEASE

August 2, 2018

Greatbanks Resources Ltd – ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING RESULTS

Vancouver, British Columbia – Greatbanks Resources Ltd. (TSXV: GTB) (“Greatbanks” or the “Company”) is pleased to announce the results of its Annual General and Special Meeting held on July 26, 2018. The shareholders passed all resolutions for the Company and have re-elected D Lindsay Wu, Sergei Stetsenko, and Andri Stytsenko to the board of directors.

Subsequent to the AGSM, Sergei Stetsenko was appointed chief executive officer of the company, and Anthony Jackson was reappointed chief financial officer.

The Board of Directors and Management would like to thank all shareholders for their support and confidence

ON BEHALF OF THE BOARD OF DIRECTORS OF GREATBANKS RESOURCES LTD

Sergei Stetsenko CEO and Director Phone: 604-787-5653.

Forward-Looking Information This news release 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 that 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", "believes", "intends", "estimates", "projects", "potential" and 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 based 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 forward-looking statements include market prices, exploitation 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 guarantees of future performance and actual results or developments 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 applicable 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.