First Cobalt Corp. announced that Christopher Reid has been appointed to the board of directors effective immediately. Mr. Reid fills a vacancy created by the resignations of Anita Algie and Peter Born from the board of directors.

Anita Algie has also resigned as President and Chief Executive Officer of the Company. Mr. Reid is President and CEO of Petrodorado Energy Ltd. Prior to his appointment as President and CEO, Mr. Reid served as CFO of Petrodorado for four years.