Vancouver, British Columbia--(Newsfile Corp. - January 24, 2018) - M2 Cobalt Corp. (TSXV: MC) (the "Company") is pleased to announce that trading has resumed in its common shares. This follows the successful completion of the acquisition of a series of seven exploration licenses (the "Licenses") located in the Republic of Uganda spanning approximately 1,564 square kilometers of land highly prospective for cobalt and related minerals and an associated $8,500,000 financing.

For further information, contact Simon Clarke at This email address is being protected from spambots. You need JavaScript enabled to view it. or Andy Edelmeier at This email address is being protected from spambots. You need JavaScript enabled to view it..

On behalf of the Board,

M2 COBALT CORP.

Simon Clarke, Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.