Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

NTH.V ·

Canada Cobalt Appoints New Director

Management Changes

Canada Cobalt Appoints New Director

COQUITLAM, BC

,

May 3, 2019

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

(

Frankfurt

: 4T9B) (the "Company" or "Canada Cobalt") is pleased to announce the appointment of

Mr.

Marc T. Bamber

to the Company's Board of Directors, effective immediately.

Mr. Bamber, based in

London, England

, has nearly two decades of successful deal-making

experience in the capital markets, with a primary focus on the resource sector, and will use his

international connections to help spearhead an aggressive corporate development strategy

pertaining to Canada Cobalt's proprietary Re-2OX Process (refer to

April 30, 2019

, news release).

"Given the latest results, Dr. Molnar and SGS Lakefield have taken Re-2OX to an exciting new level

that opens new doors of opportunity for Canada Cobalt and its shareholders, not only in

Northern

Ontario

but on a global scale," stated Bamber. "I look forward to playing an important role in

leveraging this technology into much more of a key value-driver for Canada Cobalt among a series of

positive catalysts for the company."

Mr. Bamber was a core member of an award-winning special situations fund for 7 years, vetting and

executing investments in hundreds of resource, tech, media and food companies.

About Canada Cobalt Works Inc.

Canada Cobalt is focused on immediate and longer-term value drivers at its past producing Castle

mine and adjoining land package in the historic Northern Ontario Silver-Cobalt district,

Canada's

cobalt heartland since the start of the electric vehicle revolution. The Canada Cobalt "advantage"

includes underground access at Castle, an innovative tailings program with a plan to recover silver,

gold and cobalt, a recently installed pilot plant to produce gravity concentrates on site, a proprietary

hydrometallurgical process known as Re-2OX, and exciting exploration discovery potential at Castle

East.

"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/May2019/03/c2539.html

%SEDAR: 00022378E

For further information:

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

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

CO: Canada Cobalt Works Inc.

CNW 13:58e 03-MAY-19