Cobalt Power Group Announces the Appointment of Mr. Chris Healey, P Geo. and Ms. Glenda Kelly to Executive Positions
Press Release
Cobalt Power Group Announces the Appointment of Mr. Chris Healey, P Geo.
and Ms. Glenda Kelly to Executive Positions
TSX.V: CPO, Pink Sheets: CBBWF
Toronto, Ontario - March 12, 2018 -- Cobalt Power Group Inc. (“Cobalt Power” or the
"Company") (TSX.V: CPO, OTC Pink: CBBWF), wishes to announce the following changes in
management and directors of the Company. These changes are in connection with the
announcement of January 29, 2018 regarding the Company’s transition to Toronto to better
serve its retail and institutional shareholders and to be better positioned to meet logistical
demands for operating in Cobalt, Ontario.
Resigning from the board of dire ctors are Mr. Jeff Poloni and Mr. Daniel Caamano. Mr
Caamano will also be resigning as Vice President of Corporate Communications and Judy
McCall as Corporate-Secretary.
“We would like to thank Jeff, Daniel and Judy for their service and significant contributions to
the Company and we are pleased that Jeff will continue to consult for the Company,” - Dr.
Andreas Rompel President & CEO.
The Company has added two directors and officers to fill the vacancies. These additions bring
further knowledge and experience to Cobalt Power to serve the Company and its shareholders.
Chris Healey, PGeo - Vice-President of Exploration and Director:
Mr. Healey brings over 40 years of experience in the natural resources industry, covering all
aspects from early stage exploration through development to production. He has worked for
numerous mining companies including International Nickel Company (now Vale Limited) and
Cameco Corporation. He was most recently President and CEO of Titan Uranium One. Mr.
Healey currently sits on the board of directors of Rainmaker Resources Ltd. and Carmax Mining
Corp. Mr. Healey holds a Bachelor of Science degree from the University of Wales.
“Cobalt Power is fortunate to have Mr. Healey lead our exploration efforts in the Cobalt Mining
Camp in that he brings extensive experience in all aspects of mining from exploration to
production. Under his direction, the Company expects to announce an active 2018 exploration
season within the next 30 days,” - Dr. Andreas Rompel, President and CEO.
Glenda Kelly - Vice-President of Corporate Communication, Corporate -Secretary and
Director:
Ms. Kelly will focus on investor communication s and business development. Ms. Kelly has
extensive experience preparing and disseminating financial reports, news releases, and
investor newsletters. She also has experience in online communication and social media that
will allow broader communication to the financial markets. She is a past member of the
Canadian Investor Relations Institute.
“Ms. Kelly brings multiple corporate skills to the Company and its board of directors and will be
a valuable asset to the Company. In coming months, we expect to be very active with extensive
exploration activities in the Cobalt Mining Camp in Ontario and we will want to communicate
clearly and in a timely manner our exploration progress to the marketplace," - Dr. Andreas
Rompel, President & CEO.
About Cobalt Power Group Inc.
Cobalt Power Group Inc. is a publicly traded Canadian exploration company listed on the
TSX-Venture Exchange and U.S. Pink Sheets (TSX-V: CPO, OTC Pink: CBBWF) focused on cobalt
exploration and development. The Company has made a series of strategic property
acquisitions over the past two years, seeking cobalt mineralization near Cobalt, Ontario, a
region with a long history of silver and associated cobalt production. Property holdings total
approximately 8,736 hectares (21,600 acres) in contiguous and strategic claim blocks. There are
several historic mining operations on the properties that are potentially accessible, including
the Smith Cobalt shaft and its underground workings.
For additional information, please contact:
Glenda Kelly, Vice-President of Corporate Communication, Corporate-Secretary
Tel: (403) 830- 1436
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has
neither approved nor disapproved the contents of this press release.
We seek safe harbor.
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. WARNING: 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. Securities Act and applicable state securities
laws or an exemption from such registration is available.
SOURCE Cobalt Power Group Inc.
For further information: Dr. Andreas Rompel, President & CEO
The company's profile may also be viewed on www.sedar.com.