Pacific Rim Cobalt Corp. Provides Bi-Weekly Status Update Regarding Management Cease Trade Order
Pacific Rim Cobalt Corp. Provides Bi‐Weekly Status Update Regarding Management Cease Trade Order
May 16, 2019 – Vancouver, BC: Pac ific Rim Cobalt Corp. (the “ Company”) announces that further to its
application for a Management Cease Trade Order (“MCTO”), which was granted on May 2, 2019, the
Company is required to provide bi‐weekly status reports in acco rdance with the alternative information
guidelines in National Policy 12‐203, until such time as the Co mpany has completed and filed its audited
annual financial statements and management’s discussion and analysis in respect of the financial year
ended December 31, 2018 (the “Annual Report”).
The Company reports that, since its May 2, 2019 default announcement in respect of the MCTO (the
“Default Announcement”), there has not been any failure by the Company to fulfill its intentions with
respect to satisfying the provisions of the alternative information guidelines, and there have been no
additional defaults subsequent to such announcement. Further, C ompany management and its auditors
have established a strategy and procedure for completion of Ann ual Report including details of the
Company’s newly acquired Indonesian subsidiary, and will provide an estimate as to the anticipated
c o m p l e t i o n t i m e f r a m e a s s o o n a s p o s s i b l e . T h e C o m p a n y ’ s a d m i n i strative team in Jakarta, Indonesia is
assisting with compiling all books and records of newly acquired subsidiary.
There has been no additional material information concerning th e Company and its affairs since its
Default Announcement that has not been disclosed.
On behalf of the Board of Directors,
Pacific Rim Cobalt Corp.
“Ranjeet Sundher”
Ranjeet Sundher
CEO and Director
About Pacific Rim Cobalt
Pacific Rim Cobalt is a Canadian‐based exploration company focu sed on the acquisition and development
of production grade nickel and cobalt deposits, key raw materia l i n p u t s f o r t h e g r o w i n g l i t h i u m ‐ i o n
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 contain statements which constitute “forw ard‐looking information” that are
subject to risks and uncertainties. All statements herein, othe r than statements of historical fact, are to be
considered forward‐looking, including statements regarding the plans, intentions, beliefs and current
expectations of the Company, its directors, or its officers wit h respect to the future business activities of
the Company and with respect to the results of exploration and prospective plans in regards to the Cyclops
project. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”,
“ e x p e c t ” a n d s i m i l a r e x p r e s s i o n s , a s t h e y r e l a t e t o t h e C o m p a n y, or its management, are intended to
identify such forward‐looking statements. Although the Company believes the expectations expressed in
such forward‐looking information are based on reasonable assump tions, 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 necessarily
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 s tatements, there can be other factors that
cause results, performance or achievements not to be as anticip ated, estimated or intended. Factors that
could cause actual results to differ materially from those in f orward‐looking information include, but are
not limited to, fluctuations in market prices, success of the o perations of the Company, continued
availability of capital 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‐looking statements. The forward‐looking sta tements in this news release are made as
of the date of this news release, and the Company does not assu me 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 responsibility for the adequacy or accuracy of
this release.