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Cobalt Power Group Announces Investor Relations Engagement

Marketing Announcement

Cobalt Power Group Announces Investor Relations Engagement

TSX.V: CPO

VANCOUVER, April 18, 2017 /CNW/ - Cobalt Power Grou p Inc. (the "Company") (TSX.V: CPO) is

pleased to announce engaging the services of Brisco Capital Partners Corporation as part of its 2017

investor relations strategy. Brisco Capital is an investor relations consultancy that acts as a

communication bridge between public equities and the investment community.

Pursuant to an investor relations agreement executed between the parties, Brisco Capital has been

retained for a six month period. They will be engaged to: (i) assist with building, budgeting, and

implementing the Company's investor relations plan, (ii) coordinate road shows for management targetin g

strategic investment areas, and (iii) advise on presentation and investor relations material. As well, Brisco

Capital will counsel Cobalt Power Group on its webs ite and internet presence and will include the

Company on its website: www.briscocapital.com .

Under the terms of the investor relations agreement, Brisco Capital will receive remuneration in the

amount of $7,500 per month.

About Cobalt Power Group Inc.

Cobalt Power Group Inc. is a publicly traded Canadian exploration company listed on the TSX-Venture

Exchange (TSX-V: CPO) focused on cobalt exploration and development.

The Company has made a series of strategic property acquisitions over the past year, seeking cobalt

mineralization near Cobalt, Ontario - a region with a long history of silver and associated cobalt

production. Property holdings total 826.4 hectares (2042 acres) in contiguous and strategic claim bloc ks.

There are several historic mining operations on the properties that are potentially accessible, includ ing

the Smith Cobalt shaft and its underground workings.

About the Smith Cobalt Project

The Smith Cobalt project is underlain by a sequence of Archaean volcanics which are uncomformably

overlain by Huronian sediments. These formations ha ve been intruded by the Proterozoic-age Nipissing

diabase sill. Faulting, on both a regional and local scale, has been found by surface mapping and in d rill

cores. Polymetallic veining, and especially pinkish-white carbonate veins, has also been reported. Thus,

all the necessary geological components of accepted mineralization models for cobalt-silver have been

identified on the properties.

Chris M. Healey, P. Geo, V.P. Exploration, and a Director of Cobalt Power Group is the qualified person

responsible for the technical content of this release, and consents to its dissemination.

On behalf of the Board of Directors

"Andreas Rompel"

_________________

Dr. Andreas Rompel, President and CEO

Cobalt Power Group Inc.

www.cobaltpowergroup.com

We seek safe harbor.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed

transaction and has neither approved nor disapprove d the contents of this press release.

Forward Looking Information

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or

accuracy of the content of this News Release. WARNI NG: The Company relies on litigation protection for

"forward looking" statements. Actual results could differ materially from those described in the news

release as a result of numerous factors, some of which are outside the control of the Company. This

news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in

the United States. The securities have not been and will not be registered under the United States

Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not

be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securi ties

Act and applicable state securities laws or an exemption from such registration is available.

SOURCE Cobalt Power Group Inc

View original content with multimedia:

http://www.newswire.ca/en/releases/archive/April2017/18/c7608.html

%SEDAR: 00029608E

For further information: please contact Daniel Caamano, V.P. Corporate Comm unications or Judy

A. McCall, Corporate Secretary at: 604.620.7737. The company's profile may also be viewed on

www.sedar.com

CO: Cobalt Power Group Inc

CNW 06:00e 18-APR-17