CobalTech Mining Selected as Featured Company in Video by Investmentpitch Media - Video Available on Investmentpitch.com

Vancouver, British Columbia--(Newsfile Corp. - November 30, 2016) - CobalTech Mining (TSXV: CSK), featured in video by Investmentpitch Media, previously traded as Big North Graphite. This new name better reflects the company's cobalt focus, following the recent acquisition of the past producing Duncan Kerr Property.

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The 32 hectare Duncan Kerr Property, a past producing silver and cobalt property, is located in the historic Cobalt camp in northeastern Ontario. The property encloses the former Kerr and the Lawson Mines, which collectively produced an estimated 32.7 million ounces of silver, with cobalt as a significant by product.

As a component of Li-ion batteries, cobalt is expected to fall into a 3,000 tonne deficit this year, with prices anticipated to increase in 2017 as global demand for refined cobalt increases and refined supply tightens.

The property comes with a fully permitted mill on site, along with a gravitational milling circuit with a capacity of 100 tonnes per day expandable to 500 tonnes per day.

To close the transaction, CobalTech issued 8.5 million shares at a deemed price of $0.15 per share, and will pay an aggregate of $2 million, in staged payments.

The company is now headed by the new President and CEO, Antoine Fournier, a professional geologist with 25 year's experience in the exploration of precious, industrial and high-tech metals.

The company recently filed a NI 43-101 Technical Report on the property, which is available on Sedar. An independent mineral resource study prepared by Golder Associates estimated 6,588 dry metric tonnes of crushed material resources contained in stockpiles A, B and C. Based on management internal estimates from 2,000 assay samples, the stockpiles have average grades of 761 grams per tonne silver and 0.95% cobalt. Management further estimates there are an additional 1.3 million tonnes of mineralized material on the property.

The company has the ability to monetize its mineralized stockpiles by selling bulk concentrate to refiners "as-is" without requiring further processing, or by further processing the concentrate through gravitational separation yielding a higher concentrate material which could be marketed to a broader range of refiners.

Spiro Kletas, the company's outgoing President and CEO, who will remain as a director, stated: "With the closing of this acquisition, CobalTech Mining Inc has quickly become a leader amongst its peers within the current North American landscape. We believe that the Company will be able to be milling and selling a bulk concentrate to customers in the near term. As such, we are extremely pleased to be in this great position. It is also a great time to begin bringing in a more technically experienced team, namely seasoned executives that can insure we maintain not only our market leadership, but also build solid shareholder value on strong market fundamentals that are currently before us today."

CobalTech is trading at $0.29 and with 56.1 million shares outstanding, the company is capitalized at $16.3 million.

The new website is currently under construction, so for more information please contact Antoine Fournier, President & CEO at 819-354-5215 or email afournier@cobaltechmining.com.

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