Cobalt Power Group Inc. (
TSX: V:CPO,
Forum) announced today the appointment of Scott Koyich to its advisory board. Koyich is the founder and President of Brisco Capital Partners Corp., a Calgary-based investor relations firm, which has represented companies in sectors such as oil and gas, mining and technology.
“We are excited to have someone with Mr Koyich’s experience on board with the Cobalt Power Group team,’’ said Cobalt President and CEO Dr. Andreas Rompel. “His years of financial market knowledge will be an invaluable asset for the company,’’ he said.
Cobalt Power has made a series of strategic property acquisitions over the past year, seeking cobalt mineralization near Cobalt, Ont., a region with a long history of silver and associated cobalt production.
Cobalt Power was in the news recently when it raised $480,000 in flow-through proceeds from
a second non-brokered private placement announced on February 16, 2017. Proceeds are earmarked for drilling on the company’s Smith Cobalt project, which is expected to begin in the spring of 2017.
Full Disclosure: Cobalt Power Group Inc. is a paid client of Stockhouse Publishing.