Green Swan Receives Stock Exchange Approval FOR Chilton Cobalt
GSW: TSX-V
GREEN SWAN RECEIVES STOCK EXCHANGE APPROVAL
FOR CHILTON COBALT
Burlington, ON. March 3 , 2017. Green Swan Capital Corp. (TSXV:GSW) has received stock
exchange approval to expand its cobalt portfolio by acquiring “Chilton Cobalt”, in the Laurentian
Region of Quebec.
Chilton Cobalt consists of nine claims totaling 497 hectares (almost five sq. km. ). The arm’s
length vendor has delivered to Green Swan all available historic data for the property, including
a recently completed geo logical report (non NI 43 -101 compliant). Green Swan will begin its
historic data review and analysis as soon as possible to enable an exploration program in the
summer of 2017.
Historic work at Chilton Cobalt identified four distinct cobalt -copper-nickel showings. Grab
samples from one of the showings returned values up to 2,500 parts per million (ppm) cobalt,
3,300 ppm copper and 12,300 ppm nickel. Green Swan cannot verify the accuracy or
thoroughness of historic work until further research and analysis is completed.
“Value is created in the field and in the boardroom ”, said Peter M. Clausi, Green Swan’s CEO.
“It’s intended that part of the proceeds from Green Swan’s recently announced one million dollar
brokered financing will be effi ciently spent at Ch ilton Cobalt this summer on surface
exploration.”
About Green Swan Capital Corp.
Green Swan Capital Corp. is a Canadian mineral exploration company with a proven leadership
team, targeting cobalt in reliable mining jurisdictions. Green Swan is well -poised to deliver real
value to its shareholders. Green Swan continues to build its impressive portfolio of assets in
mining-friendly jurisdictions, including its main Sudbury asset, Dryden Cobalt, Otto Lake,
Chilton Cobalt, Geneva Lake, Ryliejack and Mikayla.
Forward Looking Statements
This news release contains certain statements that constitute forward -looking statements as they
relate to the Company and its management. Forward -looking statements are not historical facts but
represent management’s current expectation of future events, and can be identified by words such as
"believe", "expects", "will", "intends", "plans", "projects", "anticipates", "estimates", "continues"
and similar expressions. Although management believes that the expectations repr esented in such
forward-looking statements are reasonable, there can be no assurance that they will prove to be
correct.
By their nature, forward -looking statements include assumptions and are subject to inherent risks
and uncertainties that could cause a ctual future results, conditions, actions or events to differ
materially from those in the forward-looking statements. If and when forward-looking statements are
set out in this new release, the Company will also set out the material risk factors or assump tions
used to develop the forward -looking statements. Except as expressly required by applicable
securities laws, the Company assumes no obligation to update or revise any forward -looking
statements. The future outcomes that relate to forward -looking state ments may be influenced by
many factors, including, but not limited to: reliance on key personnel; risks of future legal
proceedings; income tax matters; availability and terms of financing; distribution of securities; effect
of market interest rates on price of securities, and potential dilution.
On Behalf of the Board of Directors
GREEN SWAN CAPITAL CORP.
“Peter M. Clausi”
Peter M. Clausi
CEO and Director
For Further Information:
Peter M. Clausi
1 905-681-1925
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.