CRUZ Cobalt Closes Private Placement
Cruz Cobalt Corp.
Suite 1470 – 701 West Georgia Street
Vancouver, BC V7Y 1C6
CRUZ COBALT CLOSES PRIVATE PLACEMENT
Vancouver, January 20, 20 20 – Cruz Cobalt Corp. ( CSE: C RUZ) (OTC Pink: BKTPF) (FSE:
A2DMG8) (“Cruz” or the “Company”) has closed its non-brokered private placement of 4,825,807
units for gross proceeds of $149,600. Each unit consists of one common share in the capital of the
Company and one transferrable share purchase warrant. Each warrant entitles the holder to
purchase one additional common share at a price of $0.05 until January 17, 2025.
All the securities issued in connection with this private placement have a hold period that expires
on May 18, 2020. Proceeds will be used toward the Company’s general working capital.
The Company also announces that it has granted an aggregate of five million stock options to
certain directors, officers and consultants of the Company in accordance with the Company's stock
option plan. The options have an exercise price of seven cents and are exercisable for a period of
one year from the date of grant.
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Contact Information
Tel: 1-604-899-9150
Toll free 1.855.599.9150
Fax: 1-604-689-1733
“James Nelson”
President, CEO, Secretary & Director
Cruz Cobalt Corp.
www.cruzcobaltcorp.com
twitter @CruzCobalt
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of the
content of this release.