DGAP-News

Cruz Significantly Increases Land Holdings on the Past Cobalt Producing 'Hector Cobalt Project' in Ontario, Canada

DGAP-News: Cruz Capital Corp. / Key word(s): Miscellaneous
Cruz Significantly Increases Land Holdings on the Past Cobalt Producing
'Hector Cobalt Project' in Ontario, Canada

23.11.2016 / 09:24
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------


Vancouver, British Columbia--(Newsfile Corp. - November 23, 2016) - Cruz
Capital Corp (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2AG5M) is pleased to
announce that the company has increased its cobalt property holdings by 137
claim units now comprising of approximately 5500 contiguous acres. The
Hector Cobalt Prospect is one of 4 cobalt prospects in Ontario currently
held by Cruz to go along with 3 in British Columbia and 1 in Idaho.

The Hector Cobalt Prospect now consists of approximately 5500 acres in the
Larder Lake mining division of Ontario. According to the Province of
Ontario Mineral file MDl31M05SE00127, the property was mined for cobalt and
is a past producer of cobalt. This new expansion also covers multiple other
cobalt showings based on Government of Ontario files. We look forward to
commencing operations on this prospect to evaluate and follow up on the
historic data gathered.

Cruz President, James Nelson, stated, 'We continue to expand our cobalt
projects. The Hector Cobalt Prospect, according to the Government minfile,
was a past producer for cobalt, which compliments the stable of high
quality cobalt prospects Cruz currently has. This new addition also covers
multiple other cobalt showings based on Government of Ontario data. We are
very excited about the growth potential for Cruz as we continue to add
cobalt assets at a time when Cobalt is making year highs almost daily (see
chart). Cruz is focused on high grade cobalt assets in North America and we
look forward to getting operations underway on multiple cobalt prospects.
With 8 current cobalt projects in the Company, we believe Cruz is in a
unique position at the forefront of what we feel will be an impending
global cobalt boom.'

[image: http://orders.newsfilecorp.com/files/4754/23695_cruz1.jpg]

Cobalt Price

To view an enhanced version of this graphic, please visit:
http://orders.newsfilecorp.com/files/4754/23695_cruz1enhanced.jpg

http://www.infomine.com/investment/metal-prices/cobalt/1-year/

Cruz is actively engaged in acquiring and developing Cobalt assets globally
and has already acquired several high-grade cobalt projects across North
America. Seven cobalt projects are located in Canada and one in Idaho. The
goal of the company is to make Cruz the foremost cobalt project generator
and developer on the TSX Venture Exchange. Management feels that cobalt is
at the early stages of a significant bull market and we are pleased to be
positioning Cruz at the forefront of this cycle.

The technical contents of this release were approved by Greg Thomson, PGeo,
a qualified person as defined by National Instrument 43-101. The property
has not been the subject of a National Instrument 43-101 report.

If you would like to be added to Cruz's email list please send an email to
[e-mail] or twitter @CruzCapitalCorp

James Nelson
President
604.899.9150
Toll free 1.885.599.9150

www.cruzcapitalcorp.com
twitter @CruzCapitalCorp


Click on, or paste the following link into your web browser, to view
the associated documents

http://www.newsfilecorp.com/release/23695

News Source: Newsfile


---------------------------------------------------------------------------

23.11.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: Cruz Capital Corp.


Canada
ISIN: CA22888P1053


End of News DGAP News Service
---------------------------------------------------------------------------

523493 23.11.2016