Cobalt Power Group Provides Project Update and Reports Additional Sampling from Smith Cobalt East Outcrop

Cobalt Power Group Inc. (the “Company”) (TSX.V: CPO, OTC Pink: CBBWF) is pleased to provide an update on the exploration progress and status at its 100% owned Smith Cobalt project near Cobalt, Ontario and announces results from additional sampling at the Smith Cobalt East outcrop.

As quoted in the press release:

“We continue to increase our knowledge of the polymetallic veins found on our Smith Cobalt project. This encourages us to proceed with exploration along this particular vein swarm, thereby increasing its known strike length,” comments Dr. Andreas Rompel, President & CEO. “Once again, we have encountered significant cobalt grade when compared to other producing deposits world-wide and are pleased to add this locality to our list of sites where we have found such promising results.”

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