DGAP-News

Cruz Capital Corp is Now Fully DTC Eligible

DGAP-News: Cruz Capital Corp. / Key word(s): Miscellaneous Cruz Capital Corp is Now Fully DTC Eligible 07.02.2017 / 09:01 The issuer is solely responsible for the content of this announcement. Vancouver, British Columbia--(Newsfile Corp. - February 7, 2017) - Cruz Capital Corp (TSXV: CUZ) (OTC Pink: BKTPF) (FSE: A2AG5M) is pleased to announce that the company is now fully DTC eligible on the USA markets. Being fully DTC eligible will now enable USA brokerage firms to clear Cruz shares in the home market not via the Canadian market therefore creating a much more transparent and easily accessible trading situation for the USA market.

Cruz President, James Nelson, stated, 'Having the DTC complete will enable
our USA shareholders a much more efficient market to access. Cruz continues
to expand our cobalt assets at a time when cobalt prices have moved to 5
year highs. Cruz enjoyed early mover advantage as Cruz has been able to
acquire, what we feel is one of the best collections of cobalt prospects in
North America, before the majority of the recent cobalt entrants were in
the space. Cruz's 4 separate Ontario cobalt prospects, according to
government mineral files, returned cobalt grades of 13% on the 900 acre
Coleman Cobalt Prospect and 10.5% cobalt on the 900 acre Johnson Cobalt
Prospect. The 5500 acre Hector Cobalt Prospect was a past producing cobalt
mine and the 1480 acre Bucke Cobalt Prospect returned cobalt grades of 13%.
Our War Eagle Cobalt Prospect in British Columbia covers a past producing
mine as well and returned assays of 6.5% Cobalt. Based on these projects,
management feels that Cruz has amassed a quality portfolio of Cobalt assets
that have some of the highest historic cobalt grades in North America,
which sets Cruz apart from most cobalt companies in the junior space. We
feel that 2017 will be a break out year for cobalt prices and Cruz is well
positioned to take full advantage of this. We plan to commence full
operations on these projects with our goal to make Cruz the 'go-to' North
American Cobalt project generator and developer. The first half of 2017
will be an extremely active period for Cruz and management is optimistic
about what will be discovered by Cruz on our cobalt properties.'