Canada Cobalt AGM Results
Canada Cobalt AGM Results
COQUITLAM, BC
,
March 12, 2020
/CNW/ - Canada Cobalt Works Inc. (TSX.V: CCW) (OTC:
CCWOF) (
Frankfurt
: 4T9B) (the "Company" or "Canada Cobalt") announces that the Annual General
Meeting was held today,
Thursday March 12, 2020
and is pleased to report that all resolutions were
approved with over 99% voting in favour in all categories. Resolutions passed are listed below.
1
.
The following individuals were re-elected Directors of the Company:
Frank J. Basa
,
Jacques
Monette
,
Dianne Tookenay
,
Robert Setter
and
Marc Bamber
.
2
.
McGovern, Hurley, Cunningham, Chartered Accountants, were re-appointed as Company
auditors.
3
.
Adoption of the Company's 10% rolling share option plan was ratified and approved.
The Board of Directors appointed the following officers of the Company for the ensuing year:
Frank J. Basa:
President and Chief Executive Officer
Thomas P. Devlin:
Chief Financial Officer
Tina Whyte:
Secretary
Frank J. Basa
,
Jacques F. Monette
and
Robert Setter
were re-appointed as members of the Audit
Committee for the upcoming year.
About
Canada Cobalt Works Inc.
Canada Cobalt's flagship Castle mine and 78 sq. km Castle Property features strong exploration
upside for silver, cobalt, nickel, gold and copper in the prolific past producing
Gowganda
high-grade
Silver District of
Northern Ontario
. With underground access at Castle, a pilot plant to produce
cobalt-rich gravity concentrates on site, and a proprietary hydrometallurgical process known as Re-
2OX for the creation of technical grade cobalt sulphate as well as nickel-manganese-cobalt (NMC)
formulations, Canada Cobalt is strategically positioned to become a vertically integrated North
American leader in cobalt extraction and recovery while it also exploits a powerful new silver-gold
market cycle.
"Frank J. Basa"
Frank J. Basa
, P. Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service 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 including but not limited to
comments regarding the timing and content of upcoming work programs, geological interpretations,
receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements
address future events and conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such statements.
SOURCE
Canada Cobalt Works Inc.
View original content:
http://www.newswire.ca/en/releases/archive/March2020/12/c6942.html
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For further information:
Frank J. Basa, P.Eng., President and CEO, 1-416-625-2342; Marc
Bamber, Director, [email protected], +44-7725-960939
CO: Canada Cobalt Works Inc.
CNW 18:33e 12-MAR-20