Mr. Frank Basa reports
CANADA COBALT SHAREHOLDERS OVERWHELMINGLY VOTE IN FAVOR OF NAME CHANGE
At a special meeting held yesterday, Canada Cobalt Works Inc. shareholders voted 99.92 per cent in favour of changing the company's name to Canada Silver Cobalt Works Inc. in order to better reflect its immediate and longer-term direction.
The name change is expected to be effective in the coming days, pursuant to filing articles of amendment and subject to TSX Venture Exchange approval, followed by a major update on company activities, including the high-grade silver discovery at Castle East next to three significant past producers. There will be no change in the company's stock symbol.
Matt Halliday, vice-president of exploration, commented, "Work continues at Castle East, with all necessary precautions during the COVID-19 pandemic, and we look forward to a major ramping up of activity this quarter as we further position CCW as the leading silver-cobalt company in Canada's silver-cobalt heartland."
We seek Safe Harbor.
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