COQUITLAM, BC, Aug. 26, 2019 /CNW/ - Canada Cobalt Works Inc.
(TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada
Cobalt") today issued a reminder to Dividend Warrant Holders that
received Dividend Warrants to purchase common shares of the
Company, dated February 25, 2019 at
an exercise price of $0.10 per share,
are set to expire on Sunday, September
15, 2019. As the expiration date is not a trading day
on the TSX Venture Exchange, the Dividend Warrants will be
exercisable until 4:00 pm Pacific time on
Monday, September 16, 2019. Warrants not exercised
prior to September 16, 2019 will
expire.
The Dividend Warrants were issued as part of Granada Gold Mine
Inc.'s unit dividend payment to its shareholders. Details of the
dividend payment are described in Granada's news releases dated Granada news release Feb. 5, 2019 and Granada news release Feb. 11, 2019.
In order to exercise the Dividend Warrants, Warrant Holders are
requested to deliver, (i) the physical warrant certificate
representing the Warrants to be exercised, (ii) duly completed
exercise form (located on the back of the warrant certificate) and
(iii) aggregate funds by way of certified cheque, bank draft or
money order in Canadian Dollars, payable to Canada Cobalt Works
Inc. and delivered to the Company's transfer agent, Computershare
Trust Company of Canada,
3rd Floor, 510 Burrard Street, Vancouver, BC, V6C 3B9, Attention:
Yasmin Ali. Computershare acts
as Warrant Agent for the Dividend Warrants on behalf of the
Company. If the Warrant Holder is a US resident, additional
documents are required to be submitted. Please contact the
Company's Corporate Secretary, Tina
Whyte at tina.whyte1@gmail.com in order to request the
additional documentation that is required to exercise the Dividend
Warrants.
About Canada Cobalt Works Inc.
Canada Cobalt is focused on immediate and longer-term value
drivers at its past producing Castle mine and adjoining land
package in the historic Northern Ontario Silver-Cobalt district,
Canada's cobalt heartland since
the start of the electric vehicle revolution. The Canada Cobalt
"advantage" includes underground access at Castle, an innovative
tailings program with a plan to recover silver, gold and cobalt, a
recently installed pilot plant to produce gravity concentrates on
site, a proprietary hydrometallurgical process known as Re-2OX, and
exciting exploration discovery potential at Castle East.
"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.