First Cobalt Options 50% of Canadian Refinery with Cobalt One Limited

TORONTO, ONTARIO--(Marketwired - June 1, 2017) - First Cobalt Corp. (TSX VENTURE:FCC)(OTCQB:FTSSF) (the "Company") is pleased to announce it has entered into an option agreement with Cobalt One Limited (ASX:CO1) to enter into a 50-50 joint venture on the Yukon cobalt extraction refinery in Cobalt, Ontario.