M2 Cobalt Appoints Mahendra Naik as Director
Suite 2000 – 1177 West Hastings Street
Vancouver, BC Canada V6E 2K3
Tel: 604-669-2191
www.m2cobalt.com
TSX.V: MC | FSE: A0K 1 M2 Cobalt Corp.
NEWS RELEASE
M2 COBALT APPOINTS MAHENDRA NAIK AS DIRECTOR
September 18, 2018 – Vancouver, B ritish Columbia – M2 Cobalt Co rp. (the “Company”) (TSXV: MC.V) is
pleased to announce that it has appointed Mahendra Naik to the Board of Directors of the Company with
immediate effect.
Mr Naik is a Chartered Professional Accountant and is one of th e founding directors and key executives
who started IAMGOLD Corporation (“IAMGOLD”), a TSX and NYSE lis ted gold mining company. As
Chief Financial Officer of IMAGOLD from 1990 to 1999, he was involved in the negotiation of a number of
mine joint ventures with Anglo American and was instrumental in arranging over $550m in debt and
equity financings for IAMGOLD including its IPO. Since 2000, Mahendra has been a Director and member
of the Audit and Compensation committees for IAMGOLD. Today IA MGOLD has a market capitalization
of approx. CDN $2.5 Billion.
Mr. Naik is also the Chairman of the Board, Audit and Compensat ion Committees of Fortune Minerals
Limited, a TSX listed company focused on the NICO cobalt‐gold‐bismuth‐copper Project in the North West
Territories. As Chairman of Fortune, Mr. Naik has been actively involved in helping to raise in excess of
$100 million for Fortune and in the negotiation of several join t ventures. Mr. Naik is also a Director of
Goldmoney Inc, a TSX listed precious metals financial services company and is involved in number of non‐
profit organizations including the Indus Entrepreneurs and Trillium Hospital Foundation.
Simon Clarke, Chief Executive Officer of the Company commented, “We are delighted that Mahendra has
agreed to join our Board and assume the role of audit chair. He is well‐respected and well‐connected in
the Capital Markets Globally and brings a wealth of expertise in helping to grow junior resource companies
into world players. Mahendra is very well‐versed in the cobalt markets and related metals and he has first‐
hand experience of developing a number of mining projects across Africa. His background and experience
is a great fit for our Company, and we believe he will bring a lot of value to M2 Cobalt.”
The Company also announces that Brian Morrison has been appoint ed Corporate Secretary to the
Company with immediate effect.
About M2Cobalt
M2 Cobalt Corp. is focused on discovering and developing world‐class cobalt assets (and related minerals)
to help address the growing deficit in the supply of cobalt. Th e Company has a large, highly prospective
land package in the Republic of Uganda, East Africa bordering historic production and on the same mineral
trends as some of the major mines in the neighbouring DRC where over 60% of world cobalt supply
originates. Uganda is a stable country with a growing economy l ooking to re‐energize its historic mining
industry. The Company has a highly experienced management team and board of directors, which has
been involved in funding and advancing resource projects globally. The Company also owns licenses over
Suite 2000 – 1177 West Hastings Street
Vancouver, BC Canada V6E 2K3
Tel: 604-669-2191
www.m2cobalt.com
TSX.V: MC | FSE: A0K 2 M2 Cobalt Corp.
2,800 hectares of land in the Cobalt Camp in Ontario, Canada. F urther information on the Company and
its projects can be found at www.m2cobalt.com
For further information, contact Simon Clarke at [email protected] o r A n d y E d e l m e i e r a t
On behalf of the Board,
M2 COBALT CORP.
Simon Clarke, Chief Executive Officer
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.
This news release may contain certain “Forward‐Looking Statemen ts” within the meaning of the Uni ted States Private Securities
Litigation Reform Act of 1995 and applicable Canadian securitie s laws. When used in this news release, the words “anticipate”,
“believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify
forward‐looking statements or information. Such statements represent the Company’s current views with respect to future events
and are necessarily based upon a number of assumptions and esti mates that, while considered reasonable by the Company, are
inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many
factors, both known and unknown, could cause results, performan ce or achievements to be materially different from the results,
performance or achievements that are or may be expressed or imp lied by such forward‐looking statements. The Company does
not intend, and does not assume any obligation, to update these forward‐looking statements or information to reflect changes in
assumptions or changes in circumstances or any other events affections such statements and information other than as required
by applicable laws, rules and regulations.