Bankers Announces Resignation of Board Members

Bankers Cobalt Corp |Suite 1080, 789 West Pender Street, Vancouver, B.C., Canada, V6C 1H2

BANKERS ANNOUNCES RESIGNATION OF BOARD MEMBERS

Vancouver, British Columbia - (May 8, 2020) – Bankers Cobalt Corp. (TSXV: BANC; FSE:

BC2; OTCQB: NDENF) (the “Corporation” or “Bankers”) announces the resignation of Royston

Denysschen and Simon Tuma-Waku from the Corporation’s board of directors due to personal

reasons, effective immediately.

The Board of Directors and management would like to thank both Messrs. Denysschen and Tuma-

Waku for their services and contributions and wish them the best in their future endeavors.

Bankers and the Board of Directors will appoint new directors in due course.

About Bankers

Bankers is a natural resource company with a primary focus on the acquisition, exploration,

development and operation of cobalt and copper mineral projects in the DRC. Bankers holds rights

to nine mineral projects strategically located in the southern DRC CopperBelt. Bankers has the

intention to acquire interests in additional concessions or relinquish concessions in the normal

course of business. Bankers has an experienced management team in the southern CopperBelt of

the DRC.

ON BEHALF OF THE BOARD OF BANKERS COBALT CORP.

“Stephen Barley”

Chairman & CEO

For further information:

Phone: (604-834-2968)

Email: [email protected]

Website: www.bankerscobalt.com

Reader Advisory

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 contains “forward-looking information” within the meaning of applicable securities laws. Although

the Corporation believes considering the experience of its officers and directors, current conditions and expected future

developments and other factors that have been considered appropriate, that the expectations reflected in this forward-

looking information are reasonable, undue reliance should not be placed on them as the Corporation can give no

assurance that they will prove to be correct. Actual results and developments may differ materially from those

contemplated by these statements. The statements in this news release are made as of the date of this release. The

Corporation undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect

of the Corporation its securities, or its financial or operating results.