Global Cobalt Settles Debt with Chief Financial Officer

Global Cobalt Corp. (TSXV:GCO) has settled its debt with the Company’s Chief Financial Officer, Mr. Chris Couzelis, through shares.

As quoted in the press release:

As payment for the Services (the “Service Settlement”), Mr. Couzelis will receive a total of 280,000 common shares of the Company at $0.15 per share, a twenty percent premium to the closing price on February 14th, 2014.

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