Cobalt Power Group announces fully subscribed private placement of flow-through shares
Monday, Oct 16, 2017
Cobalt Power Group Inc. (the "Company") (TSX.V: CPO) is pleased to announce that the non-brokered private placement disclosed on October 12, 2017, for gross flow-through proceeds of CDN$800,000.00 is fully subscribed. Further, a large domestic institution will be participating in a major portion of the placement.

The non-brokered flow-through placement, expected to close in the coming days pending TSX.V approval, consisted of 5,000,000 flow-through shares at a price of $0.16 per flow-through share.

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 exploration and development of prospective cobalt exploration properties.    

For more information, please visit: http://www.cobaltpowergroup.com

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