Cobalt Coal Corp.

November 04, 2009 19:28 ET

Cobalt Coal Corp. Engages Investor Relations Firm

CALGARY, ALBERTA--(Marketwire - Nov. 4, 2009) - Cobalt Coal Corp. (TSX VENTURE:CBT) ("Cobalt" or the "Corporation") is pleased to announce the engagement of The Howard Group ("Howard") to provide investor relations activities for the Corporation. Howard will assist the Corporation by providing introductions to investment groups and individuals and assisting the Corporation with investor and shareholder communications. Pursuant to the terms of the agreement (the "Agreement") dated November 4, 2009 between the Corporation and Howard, the Corporation will grant Howard 280,000 options at an exercise price of $0.15 per share, and will reimburse Howard for any reasonable expenses incurred. The Agreement is for a twelve (12) month term, commencing on November 4, 2009.

Based in Calgary, Alberta, The Howard Group Inc. has provided investor and financial relations, business development solutions, strategic planning and financing services to public companies since 1988.

The appointment of the Howard is subject to TSX Venture Exchange approval.

About Cobalt:

Cobalt is a metallurgical coal acquisition and production company whose common shares are publicly traded on the TSX Venture Exchange. Cobalt is focused on the acquisition and development of known metallurgical coal deposits in the Appalachian coal producing region of the United States. The Corporation has its head office in Calgary, Alberta and has an operating office in Welch, West Virginia.

This news release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Cobalt. The forward-looking statements or information contained in this news release are made as of the date hereof and Cobalt does not undertake any obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulator Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this release.

Contact Information

  • Cobalt Coal Corp.
    David M. Lewis
    (403) 262-5510
    (403) 451-9906 (FAX)
    The Howard Group Inc.
    Grant Howard
    (403) 221-0915
    (403) 237-8387 (FAX)