Bankers Appoints Townsend and Sandberg to Board of Directors
Bankers Cobalt Corp |Suite 1080, 789 West Pender Street, Vancouver, B.C., Canada, V6C 1H2 1
BANKERS APPOINTS TOWNSEND AND SANDBERG TO BOARD OF DIRECTORS
Vancouver, British Columbia - (August 25, 2020) – Bankers Cobalt Corp. (TSXV: BANC; FSE:
BC21; OTCQB: NDEND) (the “Corporation” or “Bankers”) is pleased to announce the
appointment of Michael Townsend and Joe Sandberg to its Board of Directors effective August
26th, 2020.
Michael Townsend has extensive experience in corporate finance spanning over 25 years. Mr.
Townsend is one of the founding partners of Altus Capital Partners, a boutique investment bank
based in Vancouver, British Columbia, Canada. Altus has been involved in raising over $180
million in equity financings over the past 5 years. Mr. Townsend co-founded Patriot One
Technologies Inc., Body and Mind Inc., and Hemptown Organics Corp. of which he remains the
President.
Joe Sandberg BSc, MBA, AIPG is a senior geologist with over 50 years of experience and a
Qualified Person. Mr. Sandberg has over 30 years geological experience in precious metals
exploration and development in epithermal, mesothermal and Carlin type deposits. He was
recently the President and CEO of a TSXV base metals company and previously worked with
Bankers as a member of the Advisory Board and in the DRC as a private consultant.
Stephen Barley, Chairman and CEO of Bankers stated: “We are excited to announce the
appointment of Michael Townsend and Joe Sandberg to our Board of Directors. Their diversified
backgrounds are an excellent fit for our Corporation moving forward. Mr. Townsend has a strong
corporate finance background, knowledge of the capital markets, and success in raising capital.
Mr. Sandberg has the technical geological background and public company experience to be a
highly effective director and advisor on projects in both the precious metals and base metals
sectors.”
About Bankers
Bankers is a natural resource company with a primary focus on the acquisition, exploration,
development and operation of mineral projects in the Democratic Republic of the Congo (“DRC”).
Bankers currently 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
currently located in the southern CopperBelt of the DRC.
For further information, please contact:
Stephen Barley, Chairman & CEO
Phone: (604-834-2968)
Email: [email protected]
Website: www.bankerscobalt.com
Reader Advisory
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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 including,
but not limited to, statements relating to the Corporation’s change of name or change of trading symbol. Although the
Bankers Cobalt Corp |Suite 1080, 789 West Pender Street, Vancouver, B.C., Canada, V6C 1H2 2
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 press 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.