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File: Primary Cobalt - News Release - Name Change.DOCX

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For Immediate Release

PRIMARY COBALT ANNOUNCES CHANGE OF NAME TO "PRIMARY ENERGY METALS INC.

VANCOUVER, BC, CANADA (August 29, 2018) - Primary Cobalt Corp. (CSE - Prim) ("Primary" or the "Company") is please to 
--->announce that it will change its name to "Primary Energy Metals Inc." Effective at the market open on September 4, 201
--->8, the common shares of the Company are expected to commence trading on the Canadian Securities Exchange under the new
---> name, and the existing ticker symbol "PRIM".
Pat Morris, CEO and President of Primary, said, " our new name reflects our global presence and focus on ethically sou
--->rced green energy metals. Our exploration activities have recently become more global in nature and include Cobalt, Va
--->nadium, Uranium, Nickel, Copper, and Silver that have gone beyond where we began under Primary Cobalt in early 2018."

Our new internet address will be changed to www.primaryenergymetals.com   
Our email addresses will change to the domain @primaryenergymetals.com 
New CUSIP# 74170R109
CSE: PRIM
The Company will continue to operate in its current structure, and all management contacts will remain unchanged.  The
---> office location, phone and fax numbers will remain the same as below (mailing, billing, and shipping address) : 
Address: Suite 430 580 Hornby Street, Vancouver, BC, Canada, V6C 3B6
Phone: 1-778-735-1000 Fax: + 34-917-905-453

About Primary

PRIMARY ENERGY METALS INC. (CSE: PRIM) is a listed junior exploration company and is engaged in the business of acquir
--->ing, exploring and developing ethically sourced Cobalt, Copper, Nickel and Vanadium focussed mineral resource properti
--->es to create value for its shareholders.

ACQUISITION FOCUS - Other projects Primary is investigating are in the clean energy sector. In this sector, the Compan
--->y if focused specifically upon exploration opportunities to source green energy power minerals for use in battery prod
--->uction. Primary's interests in this sector are guided by the following:
Identifying opportunities in regions that are conducive to mining due to the regulatory nature of the government with 
--->existing infrastructure.
Identifying opportunities in geographical locations that provide easy access large markets for these metals.
Identifying opportunities with locations with existing mine shafts.
ON BEHALF OF THE BOARD OF DIRECTORS  /s/ Patrick Morris CEO/President
Telephone: +1 778-735-1000
E-mail: info@primaryenergymetals.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies
---> of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial kno
--->wn and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking st
--->atements, including, without limitation, statements regarding future financial position, business strategy, use of pro
--->ceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations
--->, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects manage
--->ment's current beliefs and is based on information currently available to management. Often, but not always, forward-l
--->ooking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "schedule
--->d", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (inc
--->luding negative variations) of such words and phrases or may be identified by statements to the effect that certain ac
--->tions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved.  A number of known and unkn
--->own risks, uncertainties and other factors may cause the actual results or performance to materially differ from any f
--->uture results or performance expressed or implied by the forward-looking information. These forward-looking statements
---> are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, bu
--->t not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approv
--->als. Readers are cautioned that the assumptions used in the preparation of such information, although considered reaso
--->nable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forwa
--->rd-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, 
--->whether as a result of new information, future events, or otherwise, except as required by securities laws.