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Canada Silver Announces Effective Date of Name Change To “NORD PRECIOUS MET ALS MINING INC.”

Corporate Actions

Canada Silver Announces Effective Date of Name Change To

“NORD PRECIOUS MET ALS MINING INC.”

January 19, 2024 – Coquitlam, BC, Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt:

4T9B) (the "Company" or "Canada Silver Cobalt”) is pleased to announce that further to its news release

dated January 4, 2024, the TSX Venture Exchange has accepted the name change to “ Nord Precious

Metals Mining Inc.”.

The shares will commence trading under the new name and trading symbol “ NTH”, effective Tuesday,

January 23, 2024, at the market open. The Company’s new CUSIP number will be 65558V100”.

Further to the Company’s news release dated December 4, 2023, the Company would like to correct the

disclosure regarding the 2,002,503 warrants that expired on June 29, 2023, and were not extended and are

not eligible for repricing.

About Canada Silver Cobalt Works Inc.

Canada Silver Cobalt Works Inc. recently discovered a major high -grade silver vein system at Castle East

located 1.5 km from its 100%-owned, past-producing Castle Mine near Gowganda in the prolific and world-

class silver -cobalt mining district of Northern Ontario. The Company has complet ed a 60,000 m drill

program aimed at expanding the size of the deposit with an update to the resource estimate underway.

In May 2020, based on a small initial drill program, the Company published the region’s first 43 -101

resource estimate that contained a total of 7.56 million ounces of silver in Inferred resources, comprising

very high-grade silver (8,582 grams per tonne u n-cut or 250.2 oz/ton) in 27,400 tonnes of material from

two sections (1A and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately

400 meters. Note that mineral resources that are not mineral reserves and do not have demonst rated

economic viability. Please refer to Canada Silver Cobalt Works Press Release May 28, 2020, for the resource

estimate. Report reference: Rachidi, M. 2020, NI 43 -101 Technical Report Mineral Resource Estimate for

Castle East, Robinson Zone, Ontario, Canada, with an effective date of May 28, 2020, and a signature date of

July 13, 2020.

The Company also has: (1) 14 battery metals properties in Northern Quebec where it has recently

completed a nearly 16,000 -metre drill program on the Graal property; and (2) the prospective 1,000 -

hectare Eby -Otto gold property close to Agnico Eagle’s high -grade Macassa Mine near Kirkland Lake,

Ontario where it is exploring. (3) St. Denis -Sangster lithium project – 260 square kilometers of greenfield

exploration ground with numerous pegmatites focussed along a significant volcanic sedimentary rock –

Archean granite contact near Cochrane, Ontario contiguous to Power Metals’ Case Lake Lithium properties.

Canada Silver Cobalt’s flagship silver -cobalt Castle mine and 78 sq. km Castle property feature strong

exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned

Castle Mine, an exceptional high -grade silver discovery at Castle East, a pilot plant to produce cobalt -rich

gravity concentrates, a processing facility (TTL Laboratories) in the town of Cobalt, and a proprietary

hydrometallurgical process known as Re-2Ox (for the creation of technical-grade cobalt sulphate as well as

Canada Silver Cobalt Works Inc.

3028 Quadra Court

Coquitlam, B.C., V3B 5X6

CanadaSilverCobaltWorks.com

Page 2 of 2

nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a

Canadian leader in the silver -cobalt space. More information is available at

www.canadasilvercobaltworks.com.

“Frank J. Basa”

Frank J. Basa, P. Eng.

Chief Executive Officer

For further information, contact:

Frank J. Basa, P.Eng.

Chief Executive Officer

416-625-2342

or:

Wayne Cheveldayoff,

Corporate Communications

P: 416-710-2410

E: [email protected]

Caution Regarding Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services 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 which include, but are not limited to, comments that involve future events and conditions,

which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address

resource potential, upcoming work pr ograms, geological interpretations, receipt and security of mineral property titles,

availability of funds, and others are forward -looking. Forward -looking statements are not guarantees of future

performance and actual results may vary materially from those statements. General business conditions are factors that

could cause actual results to vary materially from forward-looking statements.