Cobalt Blockchain Inc. announced a restructuring, effective immediately, of its board of directors and management team, reaffirming its focus on bringing ethically-sourced cobalt to market. COBC welcomes Peter Copetti who will join Peter Hooper and independent directors Michael Cachia, Patricia Mannard, and Samuel Peralta, on the board of directors. Mr. Copetti takes on the roles of Executive Chairman of the Board. Most recently, Mr. Copetti served as Executive Co-Chairman of the Board and interim CEO of POET Technologies, and finally Mr. Copetti identified and was a key player in POET's acquisition of DenseLight and BB Photonics. Lance Hooper and Jim Blake are stepping down from their board roles. Lance remains COBC's President and Chief Operating Officer (COO), while Mr. Blake will continue to provide corporate secretarial service. Philip Gibbs continues in his role as Chief Financial Officer.