Canada Silver Cobalt Works Files Preliminary Base Shelf Prospectus
CANADA SILVER COBALT WORKS FILES PRELIMINARY BASE SHELF
PROSPECTUS
Coquitlam, BC, August 17, 2021 - Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt:
4T9B) (the "Company" or "Canada Silver Cobalt") announces that it has filed a preliminary short form base
shelf prospectus with the securities commissions of each of the provinces of Canada except Québec. The base
shelf prospectus, when final, will allow Canada Silver Cobalt and/or certain of its security holders to qualify
the distribution by way of prospectus of up to $30 million of common shares, preference shares, subscription
receipts, warrants, debt securities and units, or any combination thereof, from time to time during the 25-
month period during which the shelf prospectus is effective. The specific terms of any future offering will be
established in a prospectus supplement to the shelf prospectus, which supplement will be filed with the
applicable Canadian securities regulatory authorities in connection with any such offering.
A copy of the preliminary short form base shelf prospectus is available under Canada Silver Cobalt’s profile on
SEDAR at www.sedar.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be
any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior
to the registration or qualification under the securities laws of any such jurisdiction.
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. This discovery has the highest silver resource grade
in the world, with recent drill intercepts of up to 89,853 grams/tonne silver (2,621 oz/ton Ag). A drill
program is underway to expand the size of the deposit with an update to the resource estimate scheduled
for Q1 2022.
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 un-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 do not have demonstrated 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.
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 on site, 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
nickel-manganese-cobalt (NMC) formulations), Canada Silver Cobalt is strategically positioned to become a
Canadian leader in the silver-cobalt space. More information at www.canadasilvercobaltworks.com.
Canada Silver Cobalt Works Inc.
3028 Quadra Court
Coquitlam, B.C., V3B 5X6
CanadaSilverCobaltWorks.com
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“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
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.
Caution Regarding Forward-Looking Statements
This news release may contain forward-looking statements which include, but are not limited to, comments
regarding future financings, if any, pursuant to the short form base shelf prospectus referred to above, and
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 programs,
geological interpretations, receipt and security of mineral property titles, future financings, 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. A detailed discussion of the risk
factors encountered by Canada Silver Cobalt is available in the Company’s Annual Information Form dated
July 19, 2021 for the fiscal year ended December 31, 2020 available under the Company’s profile on SEDAR at
www.sedar.com.