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Sydney, Dec 13, 2018 AEST (ABN Newswire) - Cobalt Blue Holdings Limited (ASX:COB)(OTCMKTS:CBBHF)(the Company or Cobalt Blue) advises that Non-Executive Director Matthew Hill has resigned from Cobalt Blue effective today.

Matt has been a Director of the Company since 30 June 2017. Cobalt Blue thanks him for his contribution to the Company during his time on the Board. Cobalt Blue is in discussions with a suitably-qualified, independent, Non-Executive Director to fill the vacant position and an appointment is expected to be made shortly.

About Cobalt Blue Holdings Limited

Cobalt Blue Holdings LtdCobalt Blue Holdings Ltd (ASX:COB) is an exploration and project development company focussed on green energy technology. Work programs are advancing to enable an upgrade of the Mineral Resource at the Thackaringa Cobalt Project in New South Wales to include Measured Resources.

Cobalt is a strategic metal in strong demand for new generation batteries, particularly lithium-ion batteries now being widely used in clean energy systems.

Potential to extend the Mineral Resource at Pyrite Hill, Big Hill, Railway and the other prospects is high. Numerous other prospects within COB’s tenement package are at an early stage and under-explored.



Joe Kaderavek
Chief Executive Officer
Cobalt Blue Holdings Limited
Ph: +61-2-8287-0660

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