VANCOUVER, June 1, 2018 /CNW/ - Quantum Cobalt Corp. QBOTBRVVF23B)) ("Quantum" or the "Company") has appointed David Schmidt as the Company's CEO and to the board of directors.

Mr. Schmidt has over 15 years of experience working as a consultant to private and public companies, advising on financings, corporate and financial disclosure, as well as corporate development. He holds a bachelor of applied science (mining) from the University of British Columbia. He is currently a director of White Gold Corp.

Greg Burns has resigned from the board of directors and as the Company's CEO. The company would like to thank Mr. Burns for his support and guidance over the years, and wishes him well in his future endeavours.

QUANTUM COBALT CORP.

"David Schmidt"
_______________________
David Schmidt, CEO and Director

Forward-Looking Information This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Quantum Cobalt Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE Quantum Cobalt Corp.

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