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Cobalt Power Group Announces the Appointment of Mr. Joerg Kleinboeck, P. Geo. as Advisor to the Company

Management Changes

Cobalt Power Group Announces the Appointment of Mr. Joerg Kleinboeck, P.

Geo. as Advisor to the Company

TSX.V: CPO, Pink Sheets: CBBWF

TORONTO, March 21, 2018 /CNW/ - Cobalt Power Group Inc. ("Cobalt Power" or the "Company")

(TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce the appointment of Mr. Joerg Kleinboeck as

Advisor to the Company with specific responsibilities for relations with First Nations and the local

community in the Cobalt Mining Camp in and around Cobalt, Ontario.

Mr. Kleinboeck, who is from North Bay, Ontario, is a highly experienced geologist and has held

management positions at several mining companies including LiCo Energy Metals Inc., Fletcher Nickel

Inc., GoldTrain Resources Inc., Mineral Mountain Resources Ltd., and Benton Resources Corp. His past

corporate responsibilities include Project Manager, VP Exploration and Project Geologist. Mr. Keinboeck

has a Bachelor of Science – Geology from Laurentian University in Sudbury, Ontario and is a member of

the Association of Professional Geoscientists of Ontario.

"Our summer exploration programs will begin shortly. Having Joerg working out of Cobalt well in advance

is an invaluable asset to the Company in developing and maintaining excellent relationships with all the

local stakeholders, including First Nations," stated Dr. Andreas Rompel, President & CEO of Cobalt

Power.

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.

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.

SOURCE Cobalt Power Group Inc

View original content with multimedia:

http://www.newswire.ca/en/releases/archive/March2018/21/c4288.html

%SEDAR: 00029608E

For further information: www.cobaltpowergroup.com, Glenda Kelly, Corporate Communications, 403

830-1436

CO: Cobalt Power Group Inc

CNW 08:00e 21-MAR-18