Global Cobalt Appoints New Chief Financial Officer

Global Cobalt Corp (TSXV:GCO,OTCBB:GLBCF) announced that the board of directors has appointed Mr. Oleg Scherbina as Chief Financial Officer. The appointment comes as Global Cobalt builds further general and administrative capacity with Russian experience.

As quoted in the press release:

Mr. Scherbina is a financial manager with broad experience in all aspects of accounting and financial management. He has direct experience within the mining, construction and oil/gas sectors in Russian and North America, and has been involved with numerous mining companies including Uranium One, Eureka Mining Plc and Bema Gold Corporation. Oleg has been instrumental for the development financial control and reporting systems for Global Cobalt, as well as the day-to-day financial operations of the company, including contract review, payroll, budgeting, and financial control development.

Global Cobalt CEO, Erin Chutter, said:

I am very pleased by the Boarddâ?s decision to appoint Oleg as an Officer of Global Cobalt. For the past three years as Corporate Controller Oleg has been an important member of our senior executive team and has proven his mining finance, operational accounting and capital market experience. The Board has a high level of confidence that given Oleggâ?s existing knowledge of the Company that he will carry on the high standards in place as Global Cobalt continues to advance its Russian and North American assets.

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