Cruz Cobalt Corp.
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 2016-11-23 / 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 info@cruzcapitalcorp.com 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 --------------------------------------------------------------------------- 2016-11-23 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
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