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 primary focus is in the Cobalt Camp in Ontario, Canada, where we have 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 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

First Cobalt Interview with CEO Trent Mell

Trent Mell
President & CEO

Trent 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. More recently he built a securities team to advise issuers and investors on Canadian exploration and development opportunities, which became the largest provider of flow through capital in Canada. Trent is Chairman of the Board for the Boost Child and Youth Advocacy Centre. Trent previously served as President & Head of Mining at Peartree Securities, President & CEO Falco Resources, as well as senior management positions with Aurico Gold Inc., North American Palladium Ltd., Sherritt International Corp., Barrick Gold Corp., Strikeman Elliott LLP, and Michelin North America. Trent has a B.A., a B.C.L. & LL.B from McGill University, as well as an MBA from Northwestern University & Schulich School of Business, and LL.M from Osgoode Hall.

Trent Mell

President & CEO

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

Frank is a geoscientist with over 25 years of experience who has worked  globally on a wide range of base and precious metal ore deposits. 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. Frank started his career with the Ontario Geological Survey before joining Falconbridge Limited 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, as Principal Geologist, where he was responsible for global exploration project generation and property evaluations for cobalt, copper, nickel and PGE properties globally.

Dr. Frank Santaguida, P.Geo.

Vice President, Exploration

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

Peter is a Professional Engineer with 35 years of experience in mining operations, mineral exploration and capital markets. His mining experience includes mining operations, mine design and on new mine developments for Falconbridge Limited, as Exploration Manager. In 2006, he moved into the capital markets and earned a reputation as an astute mining analyst, eventually becoming Chairman of Jennings Capital, an independent Canadian broker-dealer. As Vice President, Business Development, Peter’s focus is on building a diversified global portfolio of assets leveraged to the cobalt industry and striving 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

Kevin is a Senior Financial Professional specializing in corporate financing, public company reporting and regulatory compliance in Canada and United States, as well as strategic planning, financial management, and capital markets. Kevin started his career with Deloitte LLP and more recently served as Chief Financial Officer for Gatekeeper Systems Inc., where he raised a significant amount of growth capital, and oversaw financial operations. Kevin previously served as Director of Finance for Alexco Resource Corp. Kevin is a Chartered Accountant and has a Diploma in Accounting and a B.A. from the University of British Columbia.

Kevin Ma, CPA

CFO

Heather Smiles
Investor Relations

Heather has more than six years of experience in the mining sector, and more than a decade in communications. She was previously with Investor Relations for Golden Star Resources, a producing gold company with operations in West Africa. Prior to this, Heather worked at North American Palladium Ltd. Heather 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

Ross has 18 years of experience in the resource and energy sectors, predominantly working on large-scale resource and energy capital projects. Ross is currently employed with Potash Ridge Corporation, where he has held senior roles including Chief Operating Officer and Chief Financial Officer. Ross previously served as Senior Manager, Financial Analytics and later Director of Business Development for Capital Power Corporation, as well as various senior roles at Sherritt International Corp., a diversified resource company that produces thermal coal nickel, cobalt oil and electricity. Ross has an MA and an MBA from the University of Alberta, and is a CFA, CPA, and CMA.

Ross Phillips

Director

John Pollesel
Director

John is currently Senior Vice President, Mining at Finning Canada and has 26 years of experience in mining. John previously served as 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. John 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 has an MBA from Laurentian University and is a CPA and CMA.

John Pollesel

Director

Bryan Slusarchuk
Director

Bryan has significant international experience structuring, funding and operating companies involved in mineral exploration, development and production. Bryan has structured complex debt financing transactions in the United States, Canada and Europe with multiple top tier banks which includes securing the first ever funding of a mineral exploration company by the European Bank for Reconstruction and Development (EBRD). Bryan 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. He has experience on the Boards of, and as an officer of, multiple publicly traded and private companies in Canada, the United States and Europe. Bryan is the Founder and President of K92 Mining, a gold producer in Papua New Guinea.

Bryan Slusarchuk

Director

Jeff Swinoga, CA
Director

Jeff is a Senior Executive with over 24 years of experience in the mining and public finance industries. Jeff is currently the Chief Financial Officer of Torex Gold, where he led a $375 million project financing to build the $800 million ELG mine. He has held senior finance management positions with Golden Star Resources Ltd, North American Palladium Ltd, HudBay Minerals Inc.  and Barrick Gold Corporation. Jeff previously served as Director and Audit Committee Chairman of Tonbridge Power Inc. Jeff is a CPA and has an MBA from the University of Toronto and an Honours Economics degree from the University of Western Ontario.

Jeff Swinoga, CA

Director

Ian Stalker
Advisor

Ian is an International Mining Executive with 40 years of experience in mine development and operations in Europe, Africa and Australia. Ian previously served as CEO of UraMin Inc. and Vice-President of Gold Fields Ltd., the world’s fourth-largest gold producer. Ian 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. He has successfully managed eight mining projects through the feasibility study, development and construction phases. Ian operated Zambia’s only dedicated Cobalt Process Plant for over a decade and was involved in the design and construction of this plant, which is still in operation today. Additionally, he served as CEO of the Luanshya Mine. Recently, Ian has been involved in raising in excess of $500-million for various exploration and development projects.

Ian Stalker

Advisor