Cobalt 27 Capital Corp. announced the retirement of John Kanellitsas from the Board of Directors, in order to focus his efforts as Executive Vice Chairman of Lithium Americas Corp., including the development of its Cauchar­-Olaroz project in Argentina, and his primary responsibility for managing the company's recently announced collaboration with Ganfeng Lithium. Mr. Kanellitsas has agreed to continue his contributions to Cobalt 27 in the capacity of a member of the Company's Advisory Board.