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EDDY.V ·

Edison Cobalt Adds to Its Board of Directors and Announces 2020 Annual General Meeting Date

Management Changes Shareholder Meetings

Suite 820, 1130 West Pender Street, Vancouver, BC V6E 4A4

Tel: 416 276-6689 / Fax: 888 909-1033 / www.edisoncobalt.com

TSX VENTURE EXCHANGE: EDDY NEWS RELEASE

OTCBB: PWMRF FRANKFURT: VV0

EDISON COBALT ADDS TO ITS BOARD OF DIRECTORS AND

ANNOUNCES 2020 ANNUAL GENERAL MEETING DATE

Vancouver, British Columbia – September 23, 2020 – Edison Cobalt Corp. (“EDDY” or the "Company")

(TSX-V: EDDY) is pleased to announce the addition of Eric Falardeau to its board of directors. Mr. Falardeau

is a regional sales manager for a global industrial supply company based out of Val -d’O Quebec, Canada,

and has extensive experience supplying industrial materials for mining and various other manufacturing

industries. He also sits on the board of directo rs and is a member of the audit committee of another

mineral exploration firm listed on the TSX Venture Exchange (the “Exchange”).

The Company is pleased to welcome Mr. Falardeau to its board as an independent director and as a

member of its Audit Committee. Mr. Falardeau’s appointment remains subject to acceptance by the

Exchange.

The Company also announces that the 2020 Annual General and Special Meeting of the shareholders of

EDDY (the “AGM”) will be held on November 27, 2020. The record date for the shareholders entitled to

receive notice of and to vote at the AGM has been set as at the close of business on October 16, 2020.

The Company’s last AGM was held May 2, 2019. Under TSX Venture Exchange Policy 3.2, section 4.1 the

Company is required to hold its AGM within 15 months of its last AGM. As the Company is currently not

in compliance with this policy , the Company is on notice from the Exchange that it must hold its AGM

prior to December 31, 2020.

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

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

“Christopher Hobbs” Tel: (416) 276-6689

Christopher Hobbs Email: [email protected]

Chief Financial 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.