First Cobalt Closes Private Placement

TORONTO, ONTARIO--(Marketwired - May 31, 2017) - First Cobalt Corp. (TSX VENTURE:FCC)(OTCQB:FTSSF) (the "Company") is pleased to announce it has completed the non-brokered private placement financing announced on May 17, 2017. The Company issued a total of 2,050,001 flow-through common shares ("Flow-Through Share") at a price of $0.60 per Flow-Through Share for gross proceeds of $1,230,000.