Cobalt Power Group Announces the Appointment of Mr. Joerg Kleinboeck, P. Geo. as Advisor to the Company

TSX.V: CPO, Pink Sheets: CBBWF

TORONTO, March 21, 2018 /CNW/ - Cobalt Power Group Inc. ("Cobalt Power" or the "Company") (TSX.V: CPO, OTC Pink: CBBWF) is pleased to announce the appointment of Mr. Joerg Kleinboeck as Advisor to the Company with specific responsibilities for relations with First Nations and the local community in the Cobalt Mining Camp in and around Cobalt, Ontario. 

Mr. Kleinboeck, who is from North Bay, Ontario, is a highly experienced geologist and has held management positions at several mining companies including LiCo Energy Metals Inc., Fletcher Nickel Inc., GoldTrain Resources Inc., Mineral Mountain Resources Ltd., and Benton Resources Corp. His past corporate responsibilities include Project Manager, VP Exploration and Project Geologist. Mr. Keinboeck has a Bachelor of Science – Geology from Laurentian University in Sudbury, Ontario and is a member of the Association of Professional Geoscientists of Ontario.

"Our summer exploration programs will begin shortly. Having Joerg working out of Cobalt well in advance is an invaluable asset to the Company in developing and maintaining excellent relationships with all the local stakeholders, including First Nations," stated Dr. Andreas Rompel, President & CEO of Cobalt Power.

About Cobalt Power Group Inc.

Cobalt Power Group Inc. is a publicly traded Canadian exploration company listed on the TSX-Venture Exchange and U.S. Pink Sheets (TSX-V: CPO, OTC Pink: CBBWF) focused on cobalt exploration and development. The Company has made a series of strategic property acquisitions over the past two years seeking cobalt mineralization near Cobalt, Ontario, a region with a long history of silver and associated cobalt production. Property holdings total approximately 8,736 hectares (21,600 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.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.
We seek safe harbor.

SOURCE Cobalt Power Group Inc.