Pacific Rim Announces Non-Brokered Financing
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY
FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
Pacific Rim Announces Non‐Brokered Financing
Vancouver, B.C. – February 8, 2019 – Pacific Rim Cobalt Corp. (the “Company” or “Pacific Rim Cobalt”)
(CSE: BOLT) (FRANKFURT: NXFE) announces that it has arranged a non‐brokered private placement (the
“Offering”) of up to 10,541,667 units (each a “Unit”) at $0.12 per Unit for gross proceeds of up to
$1,265,000. The Company intends to use the net proceeds from th e Offering for drilling and exploration,
metallurgy and processing testing, and general working capital purposes. The Company may pay certain
finders a fee for introducing eligible participants to the Offering.
Each Unit will consist of one (1) common share in the capital o f the Company (each a " Common Share")
and one (1) transferable Common Share purchase warrant (each, a “Warrant”). Each Warrant will entitle
the holder to purchase one Common Share at price of $0.20 per C ommon Share until the date which is
twelve (12) months from the date of issuance, subject to accele rated expiry provisions. In the event the
closing price of the Company’s Common Shares exceeds $0.30 per Common Share for a period of 10
consecutive trading days at any time, then at the Company’s election, the 12 month period within which
the Warrants are exercisable will be reduced and the holders of the Warrants will be entitled to exercise
their Warrants for a period of 30 days commencing on the day th e Company provides the acceleration
n o t i c e v i a p r e s s r e l e a s e o r w r i t t e n n o t i c e t o a l l W a r r a n t h o l d ers (the “Acceleration Period”). Any
outstanding Warrants not exercised during the Acceleration Period will expire on completion of the
Acceleration Period.
All securities issued under the Offering, including securities issuable on exercise thereof, are subject to a
hold period expiring four months and one day from the date of issuance.
The Offering is subject to certain conditions including, but not limited to, the receipt of all necessary
approvals, including the approval of the Canadian Securities Exchange.
About Pacific Rim Cobalt
Pacific Rim Cobalt is a Canadian‐based exploration company focused on the acquisition and development
of production grade cobalt and nickel deposits, key raw material inputs for the growing lithium‐ion battery
industry. Visit https://pacificrimcobalt.com/ to find out more.
Pacific Rim Cobalt Corp.
Ranjeet Sundher – President and CEO
(604) 922‐8272
Steve Vanry – CFO & Director
(604) 922‐8272
Sean Bromley – Director & Investor Contact
(778) 985‐8934
Reader Advisory
This news release may include forward‐looking information that is subject to risks and uncertainties. All
statements herein, other than statements of historical fact, are to be considered forward‐looking, including
statements with respect to the completion of, and use of proceeds from, the Offering. Although the
Company believes the expectations expressed in such forward‐loo k i n g i n f o r m a t i o n a r e b a s e d o n
reasonable assumptions, such information is not a guarantee of future performance and actual results or
developments may differ materially from those contained in forward‐looking information. Information
provided in this document is nec essarily summarized and may not contain all available material
information. Although Pacific Rim Cobalt has attempted to identify important factors that could cause
actual results, performance or achievements to differ materially from those contained in the forward‐
looking statements, there can be other factors that cause results, performance or achievements not to be
as anticipated, estimated or intended. Factors that could cause actual results to differ materially from
those in forward‐looking information include, but are not limited to, fluctuations in market prices, success
of the operations of the Company, continued availability of cap ital and financing and general economic,
market or business conditions. There can be no assurances that such information will prove accurate and,
therefore, readers should not place undue reliance on forward‐l ooking statements. The forward‐looking
statements in this news release are made as of the date of this news release, and the Company does not
assume any obligation to update any forward‐looking information except as required under the applicable
securities laws.
Neither the Canadian Securities Exchange nor its Regulation Ser vices Provider (as that term is defined in
the policies of the Canadian Securities Exchange) accepts respo nsibility for the adequacy or accuracy of
this release.