Pacific Rim Cobalt Appoints Geoffrey Baille Fielding to Advisory Board; Begins Trading on Frankfurt Stock Exchange

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH UNITED STATES NEWSWIRE SERVICES

VANCOUVER, British Columbia, Dec. 11, 2017 (GLOBE NEWSWIRE) -- Pacific Rim Cobalt Corp. (the “Company” or “Pacific Rim Cobalt”) (CSE:BOLT) (FRANKFURT:NXFE) announces that it has appointed Geoffrey Baille Fielding as the inaugural member of its newly formed advisory board.

Geoffrey Baille Fielding

Mr. Fielding was educated at the Sorbonne in Paris and has an LLB from the Faculty of Law at the London School of Economics. He was an equity partner at Grenfell & Colegrave, one of the oldest city of London Stockholding firms before the company was acquired by CIBC, Canada's largest retail bank. As a London Director of CIBC’s Investment Division, Geoffrey founded the overseas investment division in the Carribean where in three years he built up and managed funds of over US$ 1 billion.

In 2007, Mr. Fielding moved to Southeast Asia where he is now based. He is currently President and CEO of a Chinese investment management company and Chairman of a Malaysian wealth fund. He advises both these companies as well as several other Hong Kong and International clients regarding investment opportunities.

Frankfurt Stock Exchange Listing

Pacific Rim Cobalt’s common shares are now listed and trading on the Frankfurt Stock Exchange under the symbol NXFE.

Management anticipates that this listing will provide increased awareness and interest in the Company’s activities from European capital markets.

Pacific Rim Cobalt’s chief executive officer, Ranjeet Sundher, stated: "This is a very exciting development and we are proud to be accepted for trading on the Frankfurt Stock Exchange. We look forward to our company gaining greater exposure to a wider range of qualified retail and institutional investors in Europe."

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
(604) 922-8272
rsundher@pacificrimcobalt.com

Steve Vanry – CFO & Director
(604) 922-8272
steve@vanrycap.com

Sean Bromley – Director & Investor Contact
(778) 985-8934
sean@theparmargroup.com

Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in both Pacific Rim Cobalt’s periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "plan", "estimate", "expect", "intend", "potential", "should," and similar expressions, are forward-looking statements. Information provided in this document is necessarily summarized and may not contain all available material information.

Forward-looking statements include, without limitation, statements regarding future oriented events and other statements that are not facts. Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Pacific Rim Cobalt operates, are inherently subject to significant operational, economic and competitive uncertainties and contingencies.

Such forward-looking statements should therefore be construed in light of such factors.

Although Pacific Rim Cobalt has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize.

Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and Pacific Rim Cobalt disclaims any intention or obligation to update or revise such information, except as required by applicable law, and Pacific Rim Cobalt does not assume any liability for disclosure relating to any other company herein.