Global Cobalt Corp GLBCF

Global Cobalt President & CEO Outlines Cobalt Project ...

[Babyboom51]

Consolidator Strategy VANCOUVER, BC / NOVEMBER 4TH, 2014 / GLOBAL COBALT CORP. (TSXV:GCO, OTCBB:GLBCF, FRA:3P0) (“Global Cobalt” and/or the "Company") is pleased to announce the release of a video interview by Investing News Network (“INN”) of the Company’s President & CEO, Erin Chutter. The interview provides shareholders and interested parties with a detailed overview of the Company’s vision of becoming a consolidator in the cobalt project space and provides clarification on the key corporate matters. To watch the full interview please click on the hyperlink below: Global Cobalt – A Consolidator of Cobalt Projects Erin discusses how Global Cobalt is building value in today’s difficult markets and presents the corporate strategy of becoming a consolidator and developer within the cobalt market and funding at the project level rather than at the corporate level to minimize dilution while rebuilding value back into the Company. The impact the Russian geopolitical situation has had on the Company is addressed along with how Global Cobalt has listened to its shareholders who are uncomfortable with the Russian exposure by bringing in new projects into the company. Ms. Chutter clarifies the Company’s intent to protect the Company’s stake with respect to its option agreement to acquire a 100% interest in the Karakul property. She also emphasizes the commitment to Karakul through the foundational work that the Company’s Chinese partners, BGRIMM, are continuing to do to maintain and advance the Karakul Project towards an economic decision given the robust resource delineated earlier in the year. Erin speaks to the price resurgence in the cobalt market in the past year given increasing demand pressures from the growing battery sector and announcements of large super battery plants like Tesla’s planned Gigafactory. She also notes the supply constraints brought on by the fragility in the already tight raw material supply and how Global Cobalt is positioning itself to benefit from the scramble to secure new cobalt supply. In conclusion, Ms. Chutter provides listeners with an update on the Company’s North American project portfolio including the 100% owned past producing Werner Lake Cobalt Project in northwestern Ontario and the recently added Iron Creek Project located in the highly perspective Idaho Cobalt Belt, in the United States. She stresses that the Company continues to look at other projects to bring into the fold acknowledging the Company’s primary objective of becoming a consolidator within the cobalt market. Global Cobalt Corporation: Global Cobalt Corporation is a publicly traded Canadian resource company that was founded in 2007 to take advantage of the global transformation that is occurring in the strategic metals sector of the mining industry. Through a combination of acquisitions and internally developed businesses, Global Cobalt exploits market opportunities as they emerge in various sectors of the strategic metals sector with emphasis on those metals, such as cobalt, used in the rechargeable battery space.