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First Cobalt Announces Non-Brokered Flow-Through Private Placement Financing of $1.3 Million

TORONTO, ONTARIO–(Marketwired – May 17, 2017) – First Cobalt Corp. (TSX VENTURE:FCC)(OTCQB:FTSSF) (the “Company”) is pleased to announce a non-brokered private placement financing (the “Offering”) of approximately 2,165,000 flow-through shares (“Flow-Through Share”) at a price of C$0.60 per Flow-Through Share for gross proceeds of about C$1,300,000.