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[NetworkNewsWire]

FTSSF Proposed Three-Way Merger Approved by CobalTech Mining, Inc. (TSX.V: CSK) Shareholders

First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) this morning announced that the company’s proposed three-way merger has been approved by shareholders of CobalTech Mining (TSX.V: CSK) with 95% of votes cast in favor. This news comes just two days after the company announced that Cobalt One Ltd. (ASX: CO1) shareholders also approved the merger. “We now have approval from CobalTech and Cobalt One shareholders to finalize the three-way merger and we look forward to closing both transaction over the next 2 weeks. First Cobalt now controls approximately 45% of the prospective land in the Cobalt Camp. This historic mining camp has never seen the required land consolidation to permit district-scale exploration and we will remain very active in 2018,” First Cobalt president & chief executive officer Trent Mell stated in the news release.

To view the full press release, visit http://nnw.fm/FeG0I

About First Cobalt

First Cobalt’s objective is to create the largest pure-play cobalt exploration and development company in the world. Upon completion of the mergers with Cobalt One Ltd. and CobalTech Mining Inc., First Cobalt will control over 10,000 hectares of prospective land and 50 historic mining operations in the Cobalt Camp in Ontario, Canada as well as a mill and a permitted refinery facility. For more information, visit www.FirstCobalt.com.