Canada Cobalt Announces DTC Eligibility

Canada Cobalt Announces DTC Eligibility

COQUITLAM, BC

,

Nov. 27, 2018

/CNW/ - Canada Cobalt Works Inc. (TSXV: CCW) (OTCQB:

CCWOF) (

Frankfurt

: 4T9B) (the "Company" or "Canada Cobalt") is pleased to announce that it has

secured DTC eligibility by the Depository Trust Company ("DTC") for its shares traded on the OTC

Market Group Inc.'s OTCQB Venture Market in

the United States

, under the symbol "CCWOF"

effective

November 26, 2018

.

The DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic

clearing and settlement of publicly traded companies. Securities that are eligible to be electronically

cleared and settled through DTC are considered "DTC eligible." This electronic method of clearing

securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for

investors and brokers, enabling the stock to be traded over a much wider selection of brokerage

firms by coming into compliance with their requirements. Being DTC eligible is expected to greatly

simplify the process of trading and transferring the Company's common shares on the OTCQB.

DTC is focused on creating liquidity and stability in the global capital markets by providing electronic

clearance and settlement of equity trades. Having access to DTC services gives the Company

greater exposure to the capital markets while at the same time offers various services including

greater transparency of the Company's shares.

About Canada Cobalt Works Inc.

www.canadacobaltworks.com

Canada Cobalt is a pure play cobalt company focused on its past producing Castle mine in the

Northern Ontario Cobalt Camp,

Canada's

most prolific cobalt district. With underground access at

Castle, a recently installed 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.

"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/November2018/27/c6983.html

%SEDAR: 00022378E

For further information:

Frank J. Basa, P.Eng., President and CEO, 1-819-797-4144, or Wayne

Cheveldayoff

[email protected], Corporate Communications, 1-416-710-2410

CO: Canada Cobalt Works Inc.

CNW 08:30e 27-NOV-18