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Global Cobalt Corp GLBCF

Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.


GREY:GLBCF - Post by User

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Post by NorbStockHon Mar 17, 2014 9:11am
147 Views
Post# 22330619

Global Cobalt Receives Support From Russian Ambassador

Global Cobalt Receives Support From Russian Ambassador
Global Cobalt Receives Support From Russian Ambassador; Appoints Russian-Based Director To Board

(via Thenewswire.ca)

VANCOUVER, BC / TNW-ACCESSWIRE / MARCH 17th, 2014 / GLOBAL COBALT CORP. (TSXV:GCO) ("Global Cobalt" and/or the "Company") (TSXV:GCO) announces the continued support and commitment by Russian government officials for Global Cobalt's activities in the region.

Mr. Georgiy Mamedov, Russia's Ambassador to Canada commented in a written statement on March 14, 2014: "I would like to reiterate that Russia is committed to inviting Canadian companies to invest and work in Russia. We welcome foreign investment and will work closely with mining and exploration companies as part of that strategy. Global Cobalt Corporation is the type of company that we encourage to be active in Russia and we are very supportive of the Company's efforts to be successful in its activity."

The Company is also pleased to announce the appointment of Mr. Marc Thomas, P.Eng to its Board of Directors.

"We are very pleased to welcome Marc Thomas to the Board of Global Cobalt," said Erin Chutter, President and CEO. "His strong analytical, entrepreneurial and business skills, along with his operational experience in Russia will be invaluable to the Company as we continue resource development and mine planning activities at Karakul."

"I am delighted to be asked to join Global Cobalt's board of directors, a team of experience developing quality projects such as the Karakul Cobalt Deposit," stated Mr. Thomas.

Mr. Thomas, PEng is an EU National who is fluent in Russian and has worked and traveled extensively throughout Russia and the former CIS countries for the past fifteen years. Mr. Thomas is currently the General Director and Partner in IST, a technology company representing European and American industrial equipment in the Russian marketplace and serves as Director at Imperial Mining Holding Limited. He has served in a series of leadership roles of increasing responsibility and is a high performing leader, with strategic and commercial acumen obtained from start-ups and business development in blue chip and fast growth Russian companies. Mr. Thomas has also been involved with three corporate re-structurings in the natural resource sector. He holds an MBA from INSEAD (France) and a BSc., Engineering from the Colorado School of Mines.

Global Cobalt Corporation:

Global Cobalt Corporation is a Canada-based strategic metals company focused on the development of a new mining region in the Republic of Altai. Global Cobalt will build upon the success of the Altai Projects while aggressively expanding and exploring existing properties to meet the demand for cobalt and other strategic metals.

For Further Information:

Mr. Mitchell Smith, Corporate Development


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