www.eCobalt.com TSX: ECS | OTCQB: ECSIF | Frankfurt: ECO E s s e n t i a l P o w e r . . . I n f i n i t e P o s s i b i l i t i e s Idaho Cobalt Project (ICP) The ICP is 100% owned by the eCobalts’s wholly owned subsidiary, Formaon Capital Corporaon, U.S. The ICP is expected to be an underground mine and mill, exploing the Company’s Ram deposit, located within the Idaho Cobalt Belt outside the town of Salmon, Idaho. Addionally, the Cobalt Producon Facility (“CPF”), a hydrometallurgical refining operaon located on a railhead in Blackfoot, Idaho, is expected to be built. The ICP would be a vercally integrated project designed to produce cobalt chemicals for the rechargeable baeries market in addion to by-products of copper concentrate, copper sulphate, magnesium sulphate and gold. Pre-construcon acvies are underway in preparaon for project construcon and mine development conngent upon successful project financing. The project’s main compeve strengths are having a primary cobalt deposit located in the United States and a high reserve grade when compared to other exisng sources of cobalt located globally. The feasibility study highlights mulple opportunies to enhance the economics of the project and these include expansion of the resource, opmizaon of the mine plan to process higher grade material and detailed engineering at the CPF to further reduce risk and improve capital and operang costs. In excess of $110 million has been invested in the project to date including exploraon, development, perming and construcon with the following milestones: • Stages I & II of construcon completed – 2013 • Successful bench tests to produce Cobalt Sulphate Heptahydrate – March 2016 • Iniaon of Feasibility Study to assist in securing mine financing - June 2016 • $100 million Preliminary Base Shelf Prospectus received – January 2017 • Closed $17.25 million bought deal financing – February 28, 2017 • Pre-construcon underway in ancipaon of financing – Summer/Fall 2017 • Posive Feasibility Study results for the ICP – September 27, 2017 The results from the September 27, 2017 Feasibility study using a Cobalt price of $26.65 are as follows (all in USD): • Pre-tax NPV $176.9M, IRR 25.1% • Post-tax NPV $135.8M, IRR 21.3% • Discount rate 7.50% • Inial Capex $186.7M • Life of Mine 12.5 years • LOM Gross Revenue $1.129B • LOM Avg net cash cobalt producon cost $5.05/lb • Pre-tax inial Capex payback 2.9 years • LOM Cobalt producon 31,767,000 lb • LOM Copper producon 57,384,700 lb www.eCobalt.com TSX: ECS | OTCQB: ECSIF | Frankfurt: ECO • I d a h o C o b a l t P r o j e c t – a d v a n c e d s t a g e n e a r t e r m p r o d u c t i o n p o t e n t i a l * • P o s i t i v e F e a s i b i l i t y S t u d y r e l e a s e d • E t h i c a l l y p r o d u c e d & e n v i r o n m e n t a l l y s o u n d • R a p i d g r o w t h i n w o r l d w i d e c o b a l t d e m a n d a s s u p p l y d e f i c i t l o o m s • R e c h a r g e a b l e b a t t e r i e s a n d t h e r e n e w a b l e e n e r g y m a r k e t d r i v i n g c o b a l t d e m a n d *Upon successful compleon of mine financing eCobalt Solutions Inc. is committed to providing ethically produced and environmentally sound battery grade cobalt salts, essential for the rapidly growing rechargeable battery and renewable energy sectors, made safely, responsibly, and transparently in the United States.