NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICES
VANCOUVER, British Columbia, Nov. 23, 2017 — Pacific Rim Cobalt Corp. (the “Company” or “Pacific Rim Cobalt”) (CSE:BOLT) (FRANKFURT:NXFE) announces that Tim Johnston has joined its Board of Directors.
Mr. Johnston is President and Chief Executive Officer of Desert Lion Energy, a company developing the first large scale lithium mine in Namibia. He was formerly Hatch’s specialist in project management and transactional analysis for their global lithium and battery business. During his time with Hatch, he evaluated hundreds of battery metals projects, and managed the development of battery metals projects around the world for Lion Ore, Vale, Xstrata, SQM, Rockwood Lithium (Albemarle), Bacanora Minerals, AMG-NV, Rio Tinto, Galaxy Resources and other key developers. He has co-authored 7 technical publications with a focus on project execution. Mr. Johnston is a chartered professional engineer (CPEng) and CFA charterholder.
Ranjeet Sundher, Pacific Rim Cobalt’s President and Chief Executive Officer, said, “we look forward to having Tim as part of the Pacific Rim Cobalt team as we advance our TNM cobalt-nickel laterite project. We anticipate his expertise in battery metals will be an invaluable asset going forward.”
Demand for nickel and cobalt is expected to increase as production and adoption of electric vehicles (EV’s) and their lithium-ion battery packs continues to grow. The EV market utilizes three principal battery types: lithium-cobalt-oxide (LCO), nickel-manganese-cobalt (NMC) and nickel-cobalt-aluminium-oxide (NCA); which could utilize nickel and cobalt.
About Pacific Rim Cobalt
Pacific Rim Cobalt is a Canadian-based exploration company focused on the acquisition and development of production grade cobalt deposits, a key raw material input for the growing lithium-ion battery industry.
Pacific Rim Cobalt Corp.
Ranjeet Sundher – President and CEO
Steve Vanry – CFO & Director
Sean Bromley – Director & Investor Contact
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