Cobalt 27 Announces Results of Annual General and Special Meeting of Shareholders and Appointment of Philip Williams to the Board of Directors - Seite 2

At the Annual General and Special Meeting, the shareholders of the Company also approved: (i) the appointment of KPMG LLP as auditors and authorized the directors to fix their remuneration; (ii) authorized the omnibus long-term incentive plan of the Company; and (iii) authorized the amended and restated articles of the Company as set out in the Company's Information Circular.  The voting results on each resolution are set out below:

   
    Set Number of Directors at 7
    Outcome of the Vote
                            Votes for  Votes withheld
          Carried          32,186,035          31,674  
                               99.90%           0.10%
    Appointment of Auditor
    Outcome of the Vote
                             Votes for  Votes withheld
          Carried           36,775,909          34,965  
                                99.91%           0.09%

   
    Approval of Long-Term Incentive Plan
    Outcome of the Vote
                                 Votes for            Votes withheld
          Carried                27,878,982                4,338,727   
                                     86.53%                   13.47%
    Approval of Amended and Restated Articles
    Outcome of the Vote Votes by Ballot and Virtual Audience
                                 Votes for             Votes withheld
          Carried                16,612,991                15,604,718  
                                     51.56%                    48.44%

About Cobalt 27 Capital Corp. 

Cobalt 27 Capital Corp. is a leading electric metals investment vehicle offering exposure to metals integral to key technologies of the electric vehicle and battery energy storage markets. The Company holds physical cobalt and is acquiring the world's first producing cobalt nickel stream on the low-cost, long-life Ramu Nickel-Cobalt Mine and a cobalt stream on Vale's world-class Voisey's Bay mine‎ beginning in 2021 including the announced underground expansion.  The Company also manages a portfolio of nine royalties and intends to continue to invest in a cobalt-focused portfolio of streams, royalties and direct interests in mineral properties containing cobalt, while potentially adding to its cobalt physical holdings when opportunities arise.

For further information please visit the Company website at www.cobalt27.com or contact:

Betty Joy LeBlanc, BA, MBA
Director, Corporate Communications
[phone]
[e-mail]

Neither the 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. No securities regulatory authority has either approved or disapproved of the contents of this news release. The forward-looking statements contained herein are made as of the date of this release and, other than as required by applicable securities laws, the Company does not assume any obligation to update or revise it to reflect new events or circumstances.  The forward-looking statements contained in this release are expressly qualified by this cautionary statement.