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UNITED STATES NEWSWIRES./
TSX.V: CPO, Pink Sheets: CBBWF
VANCOUVER, Sept. 26, 2017 /CNW/ - Cobalt Power Group Inc. (the
"Company") (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce that pursuant to the recently announced alliance with
Hochschild Mining PLC ("Hochschild") (see news release date August 30, 2017), Hochschild has
appointed Mr. Isac Burstein to the Company's Board of Directors, expanding the number of members
to seven.
Mr. Burstein joins the Company from well-established senior mining producer Hochschild Mining, where he has been a geologist
since 1995. Prior to his current position as VP Exploration and Business Development, Mr. Burstein served as Manager for Project
Evaluation, Exploration Manager for Mexico, and Exploration Geologist. He holds a BSc in
Geological Engineering from the Universidad Nacional de Ingenieria in Peru, an MSc in Geology
from the University of Missouri, and an MBA from Krannert School of Management at Purdue University in Indiana, USA.
"We would like to welcome Mr. Isac Burstein to the board of directors," comments Dr.
Andreas Rompel, President & CEO. "His extensive experience in exploration and business
development will be an invaluable asset to the company."
About Cobalt Power Group Inc.
Cobalt Power Group Inc. is a publicly traded Canadian exploration company listed on the TSX-Venture Exchange (TSX-V: CPO)
focused on cobalt exploration and development.
The Company has made a series of strategic property acquisitions over the past year, seeking cobalt mineralization near
Cobalt, Ontario - a region with a long history of silver and associated cobalt production.
Property holdings including the Canadian Cobalt Project and the Coleman Township properties
total approximately 8,544 hectares (21,100 acres) in contiguous and strategic claim blocks. There are several historic mining
operations on the properties that are potentially accessible, including the Smith Cobalt shaft and its underground workings.
On behalf of the Board of Directors
"Andreas Rompel"
_________________
Dr. Andreas Rompel, President and CEO
Cobalt Power Group Inc.
www.cobaltpowergroup.com
We seek safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of
this News Release. WARNING: The Company relies on litigation protection for "forward-looking" statements. Actual results could
differ materially from those described in the news release as a result of numerous factors, some of which are outside the control
of the Company. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the
securities in the United States. The securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may
not be offered or sold within the United States or to U.S. Persons unless registered under the
U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Cautionary Statement on Forward-Looking Statement
Certain information contained in this news release, including information as to our strategy, projects, plans or future
financial or operating performance and other statements that express management's expectations or estimates of future
performance, constitute "forward-looking statements". Actual results may differ materially from those indicated by such
statements. All statements, other than historical fact, included herein, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements.
In connection with the forward-looking information contained in this news release, CPO has made numerous assumptions. While
CPO considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and
contingencies. Additionally, there are known and unknown risk factors which could cause CPO's actual results, performance or
achievements to be materially different from any future results, performance or achievements expressed or implied by the
forward-looking information contained herein.
A more complete discussion of the risks and uncertainties facing CPO is disclosed in CPO's continuous disclosure filings with
Canadian securities regulatory authorities at www.sedar.com.
All forward-looking information herein is qualified in its entirety by this cautionary statement, and CPO disclaims any
obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of
the forward-looking information contained herein to reflect future results, events or developments, except as required by
law.
SOURCE Cobalt Power Group Inc
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