Mr. Frank Basa reports
CANADA COBALT GRANTS STOCK OPTIONS
Canada Cobalt Works Inc. has granted stock options to its directors and officers to purchase an aggregate of 700,000 common shares in the capital of the company. The stock options are exercisable for a term of two years at an exercise price of 25 cents per share. All stock options are granted in accordance with the terms of the company's stock option plan and the policies of the TSX Venture Exchange and will be subject to a hold period of four months and one day from the date of grant.
About Canada Cobalt Works Inc.
Canada Cobalt's flagship Castle mine and 78-square-kilometre Castle property features strong exploration upside for silver, cobalt, nickel, gold and copper in the prolific past-producing Gowganda high-grade silver district of Northern Ontario.
We seek Safe Harbor.
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