Edison Grants Stock Options

TSX VENTURE EXCHANGE: EDDY NEWS RELEASE OTCMARKETS: EDDYF FRANKFURT: VV01

EDISON GRANTS STOCK OPTIONS

Vancouver, British Columbia – April 9, 2021 – Edison Cobalt Corp (“Edison Cobalt” or the "Company")

(TSX-V: “EDDY”) announces it is granting 400,000 incentive stock options to certain officers, directors, consultants, and employees of the Company to purchase up to a total of 400,000 common shares of the Company at a price of $0.175 per common share for a period of five (5) years.

The stock options are subject to the terms of the Company's stock option plan and regulatory approval.

About Edison Cobalt Corp.

Edison Cobalt Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals. Edison Cobalt Corp.’s acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company is looking to build a portfolio of quality assets capable of supplying critical materials to the battery industry. The Company intends to capitalize on and have its shareholders benefit from the renewed interest in the battery metals space.

On behalf of the Board of Directors: For more information please contact:

“Nathan Rotstein” Tel: (416) 526-3217 Nathan Rotstein Email: [email protected] Chief Executive Officer, Director Website: www.edisoncobalt.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Suite 820, 1130 West Pender Street, Vancouver, BC V6E 4A4 Tel: 416 526-3217 / Fax: 888 909-1033 / www.edisoncobalt.com