M2 Cobalt Corp. announced the launch of its 2019 work program, including up to 6,000 metres of drilling. This program is a continuation and expansion of the Company's initial drill program launched last Fall and includes both diamond and reverse circulation drilling. The Company also plans to launch additional ground geophysics (magnetics and Induced Polarization) and rock grab and soil sampling within existing and recently acquired exploration licenses. The company also announced that the merger process with Jervois Mining Limited, announced on January 22, 2019, is progressing well with the Company having now received voting and support agreements to support the Merger from shareholders representing approx. 50.3% of the issued share capital of the Company. It is currently anticipated that the formal shareholder vote to approve the Merger will be held in early-mid May 2019. As part of the Merger process, the company has now satisfied all outstanding conditions for the draw-down of the $3 million working capital facility from Jervois, announced on January 22, 2019. The company will utilize funds from this facility to fund the continuation and expansion of its initial drill program and the next phase of exploration. The assay results from the drilling completed before Christmas have now been received. The results have provided important technical data and included a number of positive indicators, including sulphide mineralization at the targets tested in the Kilembe area as well as at the Bombo targets. The results also confirmed the presence of ultramafic bodies at Bombo. However, as yet no material intersections have been encountered. With the funds available under the Working Capital Facility, the Company will now complete and expand its initial drill program in and around its Waragi and Nile targets with up to 3,000 metres of drilling (diamond and RC) planned to systematically test the large regional cobalt /copper geochemical anomaly discovered across its Buajagli licenses during 2018. It will also launch ground geophysics and geochemistry across the adjoining exploration license it acquired at Bujagali in October 2018. Further, based on assay results and the large size of the geochemical and geophysical anomalies at Bombo, the Company will launch additional Induced Polarization geophysics to help focus drill collars for up to a further 3,000 metres of drilling. This program will systematically test the series of ultramafic bodies across the property for base metal mineralization. In relation to its Kilembe-area properties, the initial drill program validated the Company's use of VTEM in this geological setting. In addition, the presence of sphalerite, galena (zinc and lead sulphides) and chalcopyrite in the core taken from the 7 drill holes also confirms the potential to discover additional VMS deposits along strike of the historic Kilembe mine. The Company will shortly launch ground sampling and geochemistry on the 3 Kilembe-area licenses acquired in October 2018 and its current intention is to implement a broader phase of exploration across all of its Kilembe-area Licenses later in 2019. All rock and soil samples were sent to ALS Chemex South Africa (Pty) Ltd., an independent and fully accredited laboratory in South Africa for analysis for gold multi-element Induction Coupled Plasma Spectroscopy. M2 Cobalt also has a regimented Quality Assurance, Quality Control program where at least 10% duplicates and blanks are inserted into each sample shipment.