Menu

LiCo Energy Announces Effective Date of Name Change to Fuse Cobalt Inc.

March 6, 2020 Vancouver, British Columbia; – LiCo Energy Metals Inc. (“the Company “or” LiCo”) TSXV: LIC; OTCQB: WCTXF is pleased to announce that further to its news release dated February 28, 2020 the TSX Venture Exchange has approved the name change to “Fuse Cobalt Inc.”. The shares will commence trading under the new name and new trading symbol “FUSE”, effective, Tuesday, March 10, 2020. The Company’s new CUSIP number will be 36116V106.

The Company has also launched a new corporate website (www.fusecobalt.com) to coincide with the name change to “Fuse Cobalt Inc.” and the new trading symbol “FUSE” on the TSX Venture Exchange. The website will go live on Tuesday, March 10, 2020.

About LiCo Energy Metals: https://licoenergymetals.com/

LiCo Energy Metals Inc. is a Canadian based exploration company that trades under the symbol LIC on the TSX Venture Exchange. The Company’s focus is on exploration for high value metals required for the manufacturing of lithium ion batteries.

Ontario Cobalt Properties:

LiCo owns a 100% interest its Glencore Bucke Property, situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario, subject to a back-in provision, production royalty and off-take agreement. The Glencore Bucke Property consists of 16.2 hectares and sits along the west boundary of LiCo’s Teledyne Cobalt Project. The Company also owns a 100% interest, subject to a royalty, in the Teledyne Project located near Cobalt, Ontario. The Teledyne Property adjoins the south and west boundaries of claims that hosted the Agaunico Mine.

Nevada Black Rock Desert Lithium Project:

The Company has entered into an option agreement whereby the Company may earn an undivided 100% interest, subject to a 3% NSR, in the Black Rock Desert Lithium Project in southwest Black Rock Desert, Washoe County, Nevada.

On Behalf of the Board of Directors

“Robert Setter”

Robert Setter, President &CEO

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

Disclaimer for Forward-Looking Information:

This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statement