About First Cobalt Corp.

Who We Are

First Cobalt is focused on building a diversified global portfolio of assets that are highly leveraged to the cobalt market. Our projects include interests proximal to several major copper-cobalt ("Cu-Co") operations in the Central African Copperbelt in the DR Congo - and In Canada, an interest in the former producing Keeley-Frontier mine, a high-grade silver-cobalt mine (produced over 3.3 million pounds of cobalt and 19.1 million ounces of silver 1908 - 1965).

Cobalt itself is widely disseminated as a mineral resource and its relatively low concentration usually means it is produced as a by-product of another metal. Almost all land-based cobalt deposits are found in combination with nickel, copper or silver.

In the Democratic Republic of the Congo, 50 kilometres northeast of Lubumbashi on prospective ground proximal to several major copper-cobalt (“Cu-Co”) operations and projects in the Central African Copperbelt, First Cobalt Corp. has signed an exclusive letter of intent to form a strategic alliance and earn a controlling interest over seven prospective Cu-Co exploration properties.

In Canada, 37 Kilometers from Cobalt, Ontario, the Company hold interests in key mineral rights in a region that boasts historic production in excess of 19,000,000 ounces of silver and of 3,300,000 pounds of cobalt from 1908 to 1965. The location is readily accessible with excellent infrastructure nearby, along with an extraordinarily detailed and documented exploration and production history.

First Cobalt Corp. is moving quickly to leverage its potential opportunity against an economic background that estimates global consumption for refined cobalt is set to reach 100 kt in 2017. While demand growth for most metals has stalled in recent years, cobalt demand continues to grow strongly – spurred on by the increasing popularity of Li-ion batteries. As demand from rechargeable batteries used in consumer electronics continues to be robust, the prospect of a booming Electric Vehicle market is set to generates further upside demand potential with some estimates indicating that demand for cobalt will grow at an average rate of approximately 5% per annum for the next ten years.

The cobalt market can be split into two major segments:

  1. Cobalt for metallurgical uses. Key sectors include Superalloys (aircraft rotating parts, thermal sprays, prosthetics etc.), high-speed (HS) steel, carbide and diamond tools and magnets.
  2. Cobalt for non-metallurgical uses. Key sectors include Li-ion batteries for electric vehicles (EVs), Li-ion batteries for other applications (laptops, PCs, smartphones etc.), polyester and tyres.

As it typically takes 7-10 years to adopt new battery technologies, and as all current high capacity battery storage systems are incorporating ever larger quantities of cobalt, the Company doesn’t anticipate a fundamental shift in battery technology in the next decade, which provides an ample horizon for First Cobalt Corp to capitalize on this extraordinary opportunity.

Investor Presentation

Trent Mell
President & CEO

Mr. Mell is a mining executive and capital markets professional with extensive international transactional experience acquired through more than 200 transactions, including M&A and over $2.6 billion in equity and debt financings. After a career as a Bay Street lawyer, Trent worked for both global producers and junior miners and at all stages of the mining lifecycle, including exploration, feasibility studies, permitting, mine development and production. More recently, he built a securities team to advise issuers and investors on Canadian exploration and development opportunities. In 2016, his team raised $300 million in equity investments and became the largest provider of flow through capital in Canada. Trent is Chairman of the Board for the Boost Child and Youth Advocacy Centre, a world-renowned child abuse prevention and intervention centre. His leadership style is premised on empowering people, actively engaging with stakeholders and challenging the status quo. Mr. Mell previously served as President & Head of Mining at Peartree Securities (2015- 2017), President & CEO Falco Resources (2014-2015), Executive VP, Corporate Affairs, Aurico Gold Inc., Several Executive Positions at North American Palladium Ltd. (2007-2012), VP, Assoc. General Counsel & Sect’y at Sherritt International Corp. (2006),Corporate Counsel, Barrick Gold Corp. (2004 – 2006), Corp. & Securities Law, Strikeman Elliott LLP, Sales & Marketing, Michelin North America (1992 – 1996). Mr. Mell was educated at Northwestern University & Schulich School of Business (2011 – 2012), Kellogg-Schulich Executive MBA – Valedictorian, Osgoode Hall, LL.M. (Securities Law) (2004 – 2007), McGill University, B.C.L. & LL.B. (with Distinction) (1996 – 2000), McGill University, B.A. (Economics and Political Science) (1988 – 1991).

Trent Mell

President & CEO

Dr. Frank Santaguida, P.Geo.
Vice President, Exploration

Dr. Santaguida is a geoscientist with over 25 years of experience and he has worked around the world on a wide range of base and precious metal ore deposits, in which he designed, conducted, and managed exploration programs, field campaigns and research projects. His extensive experience in world-class base metal mining camps such as the Kidd Creek (Canada), Mt. Isa (Australia) and the African Copperbelt (Zambia-DRC) aligns with the Company’s strategy of building a geographically diversified portfolio of cobalt projects. He started his career with the Ontario Geological Survey before joining Falconbridge Limited (subsequently acquired by Xstrata), where he held various positions in near-mine to regional grassroots exploration and in operating mines in Canada and Australia. He subsequently joined First Quantum Minerals Limited and spent several years overseeing exploration in the Central African Copperbelt. As Principal Geologist for First Quantum, he had responsibility for global exploration project generation and property evaluations for cobalt, copper, nickel and PGE properties around the world. Among his many professional accomplishments, Dr. Santaguida was part of a team that discovered new resources at the Frontier Mine as well as new copper and cobalt prospects in the Democratic Republic of Congo.

Dr. Frank Santaguida, P.Geo.

Vice President, Exploration

Peter Campbell, P.Eng.
Vice President, Business Development

Mr. Campbell is a Professional Engineer with 35 years’ experience in mining operations, mineral exploration and capital markets. His mining experience includes working in day-to-day mining operations, mine design and on new mine developments for Falconbridge Limited (now Glencore), an industry leader in the cobalt industry. As Exploration Manager for Falconbridge, Peter was involved in its global exploration activities. In 2006, he moved to capital markets and earned a reputation as an astute mining analyst, eventually becoming Chairman of Jennings Capital, an independent Canadian broker-dealer. In his role as Vice President, Business Development, Mr. Campbell will focus on building a diversified global portfolio of assets leveraged to the cobalt industry and strive to make First Cobalt a leader and first mover in a market where quality assets are difficult to find.

Peter Campbell, P.Eng.

Vice President, Business Development

Kevin Ma, CPA
CFO

Mr. Ma is a senior financial professional specializing in corporate financing, public company reporting and regulatory compliance in Canada and United States, strategic planning, financial management, and capital markets for the past 10 years. Kevin started his career as a chartered accountant with Deloitte LLP and has extensive experience in the industry within technology, natural resources exploration and mining, life sciences, and manufacturing for multi-national companies, both private and public corporate structures. Most recently, Mr. Ma served as Chief Financial Officer for a Gatekeeper Systems Inc., Canadian publicly listed industrial technology company, where he was instrumental in raising a significant amount of growth capital, while overseeing the entire financial operations, including materials planning and supply chain, public company reporting, regulatory and tax compliance, strategic planning and forecasting, capital markets, and investor relations. Prior to that, Mr. Ma served as Director of Finance for Alexco Resource Corp., a dual Canadian/US-listed mining company, where he played a key role in the development and operations of Canada’s only primary silver producing mine and assisted the company in securing equity and silver stream financing. Mr. Ma is a Chartered Accountant certified by the Institute of Chartered Accountants of British Columbia, and holds a Diploma in Accounting and a Bachelor of Arts degree from the University of British Columbia.

Kevin Ma, CPA

CFO

Heather Smiles
Investor Relations

Ms. Smiles has more than six years experience in the mining sector, and more than a decade in communications. She was previously with Investor Relations for Golden Star Resources, a gold company with producing operations in Ghana, West Africa. Prior to this, Heather was with North American Palladium, and she started her career managing the operations of an independent small business in Toronto, which eventually grew to more than four locations in the GTA during her tenure. Heather has an B.Sc. (Honours) from the University of Toronto, and is currently pursuing her CPIR designation.

Heather Smiles

Investor Relations

Ross Phillips
Director

Mr. Phillips has 18 years of experience in the resource and energy sectors, much of which has involved working on large-scale resource and energy capital projects. From 2011 to present Mr. Phillips was employed in senior roles, including Chief Operating Officer and Chief Financial Officer, with Potash Ridge Corporation a junior resource company listed on the Toronto Stock Exchange. From 2009 to 2011, Mr. Phillips was Senior Manager, Financial Analytics and later Director of Business Development at Capital Power Corporation, one of Canada’s largest power generation companies. Prior to that time, from 2003 to 2009, Mr. Phillips held various senior roles at Sherritt International Corporation, a diversified resource company that produces thermal coal nickel, cobalt oil and electricity. Mr. Phillips has a Master of Arts in Resource Economics and a Master of Business Administration from the University of Alberta and is a CFA Charter holder and CPA, CMA.

Ross Phillips

Director

John Pollesel
Director

Mr. Pollesel is currently Senior Vice President, Mining at Finning Canada and brings with him more than 26 years of experience in mining. He was previously Chief Operating Officer and Director of Base Metals Operations for Vale’s North Atlantic Operations, where he was responsible for the largest underground mining and metallurgical operations in Canada. Prior to this, he was Vice President and General Manager for Vale’s Ontario Operations. He also served as the Chief Financial Officer for Compania Minera Antamina in Peru, responsible for executive management in one of the largest copper/zinc mining and milling operations in the world. John holds an MBA from Laurentian University and is a Certified Public Accountant, Certified Management Accountant, and a Fellow of CPA Ontario and the Society of Management Accountants of Ontario.

John Pollesel

Director

Bryan Slusarchuk
Director

Mr. Slusarchuk has significant international experience structuring, funding and operating companies involved in mineral exploration, development and production. In addition to experience operationally and in the conducting of equity raises, Mr. Slusarchuk has structured complex debt financing transactions in the United States, Canada and Europe with multiple top tier banks. This includes negotiating and securing the first ever funding of a mineral exploration company by the European Bank for Reconstruction and Development (EBRD). Mr. Slusarchuk is a past TEDx speaker on the topic of capital markets, was a senior advisor at a top tier Canadian brokerage firm, and is a member of multiple mining industry advocacy associations in emerging markets, through which he has regularly advised various governments on the formation of mining policy. He has experience on the Board of and as an officer of multiple publicly traded and private companies in Canada, the United States and Europe and was a founder of and is currently the President of K92 Mining, a gold producer in Papua New Guinea.

Bryan Slusarchuk

Director

Jeff Swinoga, CA
Director

Mr. Swinoga brings an abundance of knowledge and experience from the mining and finance sectors. He is a senior executive with over twenty four years of experience in the mining and public finance industries. His experience includes successfully leading finance teams through the different stages of project financing, construction and into production. Mr. Swinoga is currently the CFO of Torex Gold where he led the $375 million project financing to build the $800 million ELG mine. He has served as Executive Vice President Finance & CFO of Golden Star Resources Ltd, Vice President Finance & CFO of North American Palladium, Vice President, Finance & CFO of HudBay Minerals Inc., and was Director, Treasury Finance of Barrick Gold Corporation for seven years. Mr. Swinoga previously served as a Director and Audit Committee Chairman of Tonbridge Power Inc. Mr. Swinoga is a Chartered Professional Accountant and also holds a Master of Business Administration degree from the University of Toronto and an Honours Economics degree from the University of Western Ontario.

Jeff Swinoga, CA

Director

Ian Stalker
Advisor

Mr. Stalker is an international mining executive with 40 years of experience in mine development and operations in Europe, Africa and Australia. Mr. Stalker was the Chief Executive Officer of UraMin Inc., a London-listed and Toronto-listed uranium company, from July, 2005, until its $2.5B acquisition by Areva in August, 2007. Mr. Stalker was a vice-president of Gold Fields Ltd., the world’s fourth-largest gold producer, where he spent considerable time on the ground on its international operations. Mr. Stalker has worked his way up from operational roles in the base and precious metals arenas to executive positions in some of the largest mining companies in the world and has successfully managed eight mining projects through feasibility study, development and construction phases. Mr. Stalker has significant Cobalt experience and during his time on the Zambian copperbelt from 1973-1987, Mr. Stalker operated the country’s only dedicated Cobalt Process Plant and was involved in the design and construction of this plant, which is still in operation. Additionally, he was the Chief Executive Officer of the Luanshya Mine from 1999-2000, after its 1997 privatization, where the bulk of the Cobalt production from the Copperbelt was centered. In recent years, Mr. Stalker has been involved in raising in excess of $500-million for various exploration and development

Ian Stalker

Advisor