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Edison Cobalt Appoints New President and CEO

Newsfile Corp.

Vancouver, British Columbia--(Newsfile Corp. - September 18, 2018) - Edison Cobalt Corp (TSXV: EDDY) ("Edison Cobalt" or the "Company") is pleased to announce the appointment of Neil Pettigrew, M.Sc., P.Geo. to the position of President and CEO replacing Jeffrey Cocks. Edison Cobalt thanks Mr. Cocks for his service as President and CEO. Mr. Cocks will continue to serve as a director of the Company.

Mr. Pettigrew brings over 15 years of experience in the mineral exploration Industry including significant experience exploring for battery metals, having worked in lithium, cobalt and nickel exploration. He has a long history in northeast Ontario's Cobalt camp having first worked there in 2004. He received his B.Sc. (Hons.) in Environmental Geochemistry from the University of New Brunswick in 1999 and his M.Sc. in Earth Sciences from the University of Ottawa in 2004. He is a professional geoscientist in good standing registered in Ontario. He has also worked for the Ontario Geological Survey as a Senior Precambrian Geoscientist. Notable companies Mr. Pettigrew has worked with include Rainy River Resources Ltd., PC Gold Inc., Temex Resources Corp., Placer Dome CLA Inc. and Goldcorp Inc. He has held both officer and director positions at several TSX and TSX-V listed junior companies. Mr. Pettigrew is also a founding partner of Fladgate Exploration Consulting Corporation of Thunder Bay, Ontario, a full-service mineral exploration consulting firm providing geological services to both publicly traded and privately-held companies. Mr. Pettigrew originally joined the Company as a director in April 2017 and then as Vice President of Exploration in December 2017.

Neil Pettigrew, President and CEO said: "I look forward to further advancing our Kittson-Cobalt project and would like to thank Mr. Cocks for all that he has done to advance the company to this point."

About the Kittson-Cobalt Project

The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Thomas Edison, Shakt-Davis and Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins.

About Edison Cobalt Corp.

Edison Cobalt Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Edison Cobalt' acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company's shares are listed and posted for trading on the TSX Venture Exchange under the symbol "EDDY", the OTC Pinks under the symbol "PWMRF", and on the Frankfurt Exchange under the symbol "VV0".

The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., President & CEO and a director of the Company, and a Qualified Person as defined by National Instrument 43-101.

On behalf of the Board of Directors:

"Neil Pettigrew"

Neil Pettigrew

For more information please contact:
Howard Milne V.P. Business Development
(604) 377-8994 Email:

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.