CobalTech Announces the Acquisition of Four Additional Cobalt Properties in Ontario, Canada
TORONTO, ON --(Marketwired - May 05, 2017) - COBALTECH MINING INC. (TSX VENTURE: CSK) (FRANKFURT: 9BN1) (WKN: A2DG59) (OTC
PINK: BNCIF) (the "Company" or "CobalTech"), is pleased to announce that it has acquired
four additional claims near Cobalt, Ontario. The claims are located in Bucke and Coleman Townships in the heart of the Cobalt
Camp. They are underlain by rocks from the Cobalt sequence and complement the Company's land package in the area.
CobalTech has agreed to make a payment to the vendor in the amount of $35,000 (thirty five thousand dollars).
ON BEHALF OF THE BOARD
(signed)" BruceBragagnolo "
Bruce Bragagnolo. CEO
About CobalTech
CobalTech Mining Inc. is a North American cobalt company with assets in Ontario, Canada. The Company owns a
strategically located land package and mill facility adjacent to Cobalt, Ontario, in an area known for its geological setting
responsible for unique mineralization composed of quartz-carbonate veins enriched in silver-cobalt-nickel-bismuth-arsenic. The
Company also recently acquired the Werner Lake East Cobalt Property near Kenora, Ontario, Canada. These claims are contiguous to
Global Energy Metals' Werner Lake Cobalt Property. CobalTech is committed to operating within the strict environmental, health,
and safety framework governed by the e3 Plus regulation put forth by the Prospectors & Developers Association of Canada
(PDAC).
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Cautionary Statement Regarding "Forward-Looking" Information
Some of the statements contained in this press release are forward-looking statements and information within the
meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as
"plans", "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that
certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond
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forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking
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