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BlueBird Enters in Definitive Agreement on the Ashburton Cobalt Project in Western Australia

Mergers & Acquisitions

200 Burrard Street, Suite 1680 

Vancouver, British Columbia, V6C 3L6 

Tel: (604) 678‐5308  

www.bluebirdbatterymetals.com 

BlueBird Enters in Definitive Agreement on the

Ashburton Cobalt Project in Western Australia

Vancouver, British Columbia, August 3, 2018 – Bluebird Battery Metals Inc. (TSXV: BATT;

US:BBBMF) (the “Company” or “Bluebird”) is pleased to announce that, further to the letter of

intent signed earlier this year (see news release dated June 12, 2018), it has entered into a definitive

agreement (the “Agreement”) with Peter Romeo Gianni (the “Vendor”") to acquire 100% of the

rights, title and interest in th e granted exploration licences of the Ashburton Cobalt Project

(“Ashburton”), located 100 km southwest of Paraburdoo, Western Australia.

Definitive Agreement Details

Under the terms of the Agreement, the Company will purchase 100% of Ashburton by paying the

Vendor CAD$25,000 (paid) and issuing to the Vendor upon TSX Ven ture Exchange acceptance,

over a two year period, common shares valued at CAD$1,500,000.

This transaction is subject to the acceptance of the TSX Venture Exchange.

About Bluebird Battery Metals

BlueBird Battery Metals (TSXV: BATT; US: BBBMF) is a Canadian publicly listed company

focused on the global exploration and development of strategic battery metals projects, primarily

cobalt and nickel. BlueBird’s goal is to pursue a business mode l that offers direct and long-term

leverage to the price appreciation in cobalt, nickel and manganese, three principal materials in EV

batteries. The Company plans to become a leader in the battery metals sector, as cobalt is currently

in a global supply deficit, has a vulnerable supply chain, and is part of an emerging sector with

extraordinary potential. BlueBir d is currently advancing a port folio of battery metals focused

assets in in Western Australia, New South Wales, Australia, and in the Yukon, Canada, and

reviewing new acquisition opportunities to add to the Company’s project portfolio.

On Behalf of the Board of BlueBird Battery Metals Inc.

Peter A. Ball

Chairman and CEO

For more information, please contact 1-855-584-0160 or [email protected].

This news release may contain or refer to forward-looking information based on current expectations. Forward-

looking information is subject to significant risks and unce rtainties, as actual results may differ materially from

forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to

update or revise such information to reflect new events or circumstances.

Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is

defined in the policies of the TSX Ve nture Exchange) accepts responsibility for the adequacy or accuracy of this

release.