M2 Cobalt Corp. announced that during the completion of its phase 1 exploration program at Bujagali and associated infill sampling, it has discovered 6 additional large-scale anomalies with highly anomalous rock and soil samples and has also expanded the foot-print of its Waragi anomaly. BUJAGALI: 4 additional large-scale geochemical anomalies have been discovered within the Bujagali property, 2 of which are along the same stratigraphic horizon as the Company's existing Waragi anomaly; Numerous high-grade cobalt and copper samples collected; Fifty-one (51) rock grab samples contain between 0.1% and 1.75% Co. Thirty-nine (39) rock grab samples contain between 0.1% Cu and 0.81% Cu. One hundred and forty-one (141) soil samples contain between 100 and 1310 ppm Co (0.13% Co) and 236 soil samples contain between 100 and 547 ppm Cu; The footprint of the Company's Waragi copper-cobalt anomaly has been expanded to over 1km by 900m. The new anomalies are within the same exploration license as, or the adjoining license to, the Waragi anomaly; Together with Waragi, these additional anomalies potentially represent a new, regional Katanga-style sediment hosted, copper-cobalt play. BUJAGALI — BOMBO: Infill sampling, following the discovery of a large ultramafic body at Bombo through the Company's previously announced trenching program, has added an additional anomaly to the northwest, increasing the total size of the Bombo anomaly from 1.2 km by 0.9 km to approximately 2.2 km by 1 km; An additional, separate geochemical anomaly (Bombo Central) has been discovered to the East of the Bombo property within the same exploration license; Bombo NW expands on the most westerly trench dug at Bombo during the trenching program which had mineralization in the ultramafic of 0.19% Ni and anomalous Co over 95 metres (the length of the trench), including 20 metres at 0.22% Ni and 0.51% Cu and 1 metre at 0.91% Cu; Certain additional infill sampling results for Bombo NW and Bombo Central, including rock samples, are pending.