COQUITLAM, BC, Aug. 2, 2018 /CNW/ - Canada Cobalt Works Inc.
(TSXV: CCW) (OTC pink: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada
Cobalt") announces that the U.S. Financial Industry Regulatory
Authority ("FINRA") has cleared Canada Cobalt's common share
request for trading on the OTC Pink Sheets where its shares are now
eligible for quotation. The OTC Pink Sheet marketplace offers
trading in a wide spectrum of equity securities in the United
States.
FINRA has also approved a change of Canada Cobalt's stock symbol
on the OTC Markets. Effective today, Canada Cobalt's common
shares now trade on the OTC Markets under the symbol "CCWOF" (OTC
pink: CCWOF). The Company's previous trading symbol was TAKRF.
The new symbol "CCWOF" has been chosen to reflect the Company's
focus on cobalt and its transformation as a cobalt extraction and
recovery leader in Northern Ontario,
Canada's cobalt heartland.
About Canada Cobalt Works Inc.
Canada Cobalt is a pure play cobalt company focused exclusively
on the Northern Ontario Cobalt Camp, Canada's most prolific cobalt district. With
underground access at its 100%-owned Castle mine near Gowganda, a pilot plant, plans for a
600-tonne-per-day mill, and a proprietary hydrometallurgical
process known as Re-2OX, Canada Cobalt is strategically positioned
to become a vertically integrated North American leader in cobalt
extraction and recovery.
"Frank J. Basa"
Frank J. Basa, P. Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. This news release may contain
forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential
mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore, involve inherent risks
and uncertainties. Actual results may differ materially from those
currently anticipated in such statements.
SOURCE Canada Cobalt Works Inc.