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Canada Silver Cobalt Appoints Matt Halliday to the Board and Engages Investor Relations Advisor

Management Changes Marketing Announcement

Canada Silver Cobalt Appoints Matt Halliday to

the Board and Engages Investor Relations

Advisor

COQUITLAM, BC

,

Aug. 7, 2020

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

CCWOF) (

Frankfurt

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

Matt Halliday

, P.Geo., the Company's President & COO has also been appointed to the board of

directors. In connection with Matt's appointment to the board,

Marc Bamber

has resigned as a

director of the Company to focus on his other work commitments. We thank Marc for his

contributions to the Company and wish him well in his future endeavours.

The Company has also engaged GRA Enterprises LLC (the "Consultant") to provide investor

relations services pursuant to a consulting agreement dated

July 24, 2020

. Services will include the

production and publication of investor bulletins, distribution of investor bulletins to the Consultant's e-

mail list, and posts via the Consultant's blogs and social media accounts. In consideration of these

services, the Company has paid the Consultant a fee of

US$30,000

for a 6-month contract. The

Consultant is an arm's length party to the Company and does not currently own any securities of the

Company as at the date hereof but may purchase securities in the Company from time to time for

investment purposes. The consulting agreement with the Consultant is subject to acceptance by the

TSX Venture Exchange.

About Canada Silver Cobalt Works Inc.

Canada Silver 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-Cobalt District of

Northern Ontario

. With an important new discovery at Castle

East, underground access at the Castle mine, a processing facility (TTL Laboratories) in the nearby

town of Cobalt, a proprietary hydrometallurgical process known as Re-2OX, and the Beaver and

Violet properties, CCW is strategically positioned to become a Canadian leader in the silver-cobalt

space.

"Frank J. Basa"

Frank J. Basa

, P. Eng.

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 Silver Cobalt Works Inc.

View original content:

http://www.newswire.ca/en/releases/archive/August2020/07/c5813.html

%SEDAR: 00022378E

For further information:

Frank J. Basa, P.Eng., CEO, 1-416-625-2342; Wayne Cheveldayoff,

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

CO: Canada Silver Cobalt Works Inc.

CNW 16:45e 07-AUG-20