Fuse Cobalt Grants Stock Options
1220-789 West Pender St
Vancouver BC V6C 1H2
Phone : (236) 521-0207
FuseCobalt.com
Fuse Cobalt Grants Stock Options
PRESS RELEASE
Vancouver, BC – July 31, 2020 – Fuse Cobalt Inc. (“the Company“ or “Fuse”) (TSXV: FUSE,
OTCQB: FUSEF FRA:43W3) ”) announces that it has granted stock options to certain directors of
the Company to purchase an aggregate 1,500,000 common shares in the capital of the Company. The
stock options are exercisable for a term of five years from the date of grant at an exercise price of
$0.07 per share. All stock options are granted in accordance with the terms of the Company’s Stock
Option Plan and the policies of the TSX Venture Exchange. The stock options granted are also subject
to a four month and a day hold period from the date of grant in accordance with applicable securities
laws.
About Fuse Cobalt Inc. www.fusecobalt.com
Fuse Cobalt Inc. is a Canadian based exploration company that trades under the symbol FUSE on
the TSX Venture Exchange. The Company’s focus is on exploration for high value metals required
for the manufacturing of batteries.
Ontario Cobalt Properties: Fuse owns a 100% interest its Glencore Bucke Property, situated in
Bucke Township, 6 km east-northeast of Cobalt, Ontario, subject to a back-in provision,
production royalty and off-take agreement. The Glencore Bucke Property consists of 16.2
hectares and sits along the west boundary of Fuse’s Teledyne Cobalt Project. The Company also
owns a 100% interest, subject to a royalty, in the Teledyne Project which consists of 785 hectares
of land and is also located near Cobalt, Ontario. The Teledyne Property adjoins the south and
west boundaries of claims that hosted the Agaunico Mine, a former producer of both silver and
cobalt.
Teels Marsh Property Fuse owns a 100% interest in 100 claims covering 2000 acres (809
hectares) in Teels Marsh, Nevada; The property called Teels Marsh West is highly prospective
for Lithium brines and is located approximately 48 miles northwest of Clayton Valley and the
Rockwood Lithium Mine, North America’s only producing brine-based Lithium mine supporting
lithium production since 1967.
On Behalf of the Board of Directors
“Robert Setter”
Robert Setter, President &CEO
Neither the 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.
This news release may contain forward-looking statements which include, but are not limited to, comments that
involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of
historical facts, comments that address resource potential, upcoming work programs, geological interpretations,
receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-
looking statements are not guarantees of future performance and actual results may vary materially from those
statements. General business conditions are factors that could cause actual results to vary materially from
forward-looking statements.