COQUITLAM, BC, Aug. 7, 2020 /CNW/ - Canada Silver Cobalt
Works Inc. (TSXV: CCW) (OTC: CCWOF) (Frankfurt: 4T9B) (the "Company" or "Canada
Silver Cobalt") is pleased to announce that Matt Halliday, P.Geo., the Company's President
& COO has also been appointed to the board of directors.
In connection with Matt's appointment to the board, Marc Bamber has resigned as a director of the
Company to focus on his other work commitments. We thank Marc
for his contributions to the Company and wish him well in his
future endeavours.
The Company has also engaged GRA Enterprises LLC (the
"Consultant") to provide investor relations services pursuant to a
consulting agreement dated July 24,
2020. Services will include the production and publication
of investor bulletins, distribution of investor bulletins to the
Consultant's e-mail list, and posts via the Consultant's blogs and
social media accounts. In consideration of these services, the
Company has paid the Consultant a fee of US$30,000 for a 6-month contract. The Consultant
is an arm's length party to the Company and does not currently own
any securities of the Company as at the date hereof but may
purchase securities in the Company from time to time for investment
purposes. The consulting agreement with the Consultant is subject
to acceptance by the TSX Venture Exchange.
About Canada Silver Cobalt Works Inc.
Canada Silver
Cobalt's flagship Castle mine and 78 sq. km Castle Property
features strong exploration upside for silver, cobalt, nickel, gold
and copper in the prolific past producing Gowganda high-grade Silver-Cobalt District of
Northern Ontario. With an
important new discovery at Castle East, underground access at the
Castle mine, a processing facility (TTL Laboratories) in the nearby
town of Cobalt, a proprietary hydrometallurgical process known as
Re-2OX, and the Beaver and Violet properties, CCW is strategically
positioned to become a Canadian leader in the silver-cobalt
space.
"Frank J. Basa"
Frank J. Basa, P. Eng.
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 Silver Cobalt Works Inc.