AUGUST 2016

Disclaimer

CONFIDENTIALITY

This Presentation is confidential and the contents are not to be reproduced or distributed to the public or the press. Securities legislation in all provinces and territories prohibits such

unauthorized distribution of information. Each recipient of the information contained in this Presentation will treat such information in a confidential manner and will not, directly or

indirectly, disclose or permit its affiliates or representatives to disclose such information to any other person or reproduce this Presentation in whole or in part, without the prior written

consent of eCobalt Solutions Inc..

NOT FOR U.S. DISTRIBUTION

This Presentation is for use solely in Canada and is not to be provided by any means to anyone in the United States. The securities of eCobalt have not been and will not be registered

under the United States Securities Act of 1933, as amended (the "U.S. Act"), or the securities laws of any state and may not be offered or sold in the United States or to "U.S.

Persons" (as defined in Regulation S of the U.S. Act) unless an exemption from registration is available.

PRELIMINARY ECONOMIC ASSESSMENT (“PEA)

The Company cautions that this PEA is preliminary in nature, and is based on technical and economic assumptions which will be evaluated in further studies. The PEA is based on the

current (as at March 10, 2015) ICP estimated resource model, which consists of material in both the measured/indicated and inferred classifications. Inferred mineral resources are

considered too speculative geologically to have technical and economic considerations applied to them. The current basis of project information is not sufficient to convert the mineral

resources to mineral reserves, and mineral resources that are not mineral reserves do not have demonstrated economic viability. Accordingly, there can be no certainty that the results

estimated in the PEA will be realized.

FORWARD-LOOKING INFORMATION

This PEA presentation contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Statements in this PEA presentation pertaining to

projected revenues and cash flows, quantity and grade of mineralized materials, estimated mineral prices and the continued expansion of the market for battery grade cobalt chemicals

are forward-looking statements. These forward-looking statements are based on assumptions and address future events and conditions and are subject to known and unknown risks,

uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such

forward-looking statements. Many of the assumptions respecting projected revenue, cash flow and quantity of mineralized materials will be set out in detail in the PEA. Such

projections are and will inevitably always be dependent on assumptions about future mineral prices and development costs which will be subject to fluctuation due to global and local

economic conditions. This PEA presentation also contains forward-looking statements respecting the growing demand for battery grade cobalt chemicals, which demand may or may

not continue to grow depending on consumer habits and technological developments. Further information regarding risks and uncertainties which may cause results to differ from

those contained in forward-looking statements are included in filings by the Company with securities regulatory authorities and are available at www.sedar.com. Although the

Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors

that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could

differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to

update any forward-looking statements that are contained herein, except in accordance with applicable securities laws.

The statements contained in this PEA presentation in regard to eCobalt Solutions Inc. that are not purely historical are forward-looking statements within the meaning of the Private

Securities Litigation Reform Act of 1995, including eCobalt Solutions Inc.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of

the date hereof and are based on information available to eCobalt Solutions Inc. as of such date. It is important to note that actual outcome and the actual results could differ from

those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate,

commodity price and marketplace changes.

Note: All dollar amounts quoted in the Presentation are in USD unless otherwise noted.

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THIS MANAGEMENT PRESENTATION (THE "PRESENTATION") WAS PREPARED AS A SUMMARY OVERVIEW ONLY OF THE CURRENT AFFAIRS OF ECOBALT SOLUTIONS

INC.(“ECOBALT" OR THE "COMPANY") AND WAS NOT PREPARED FOR THE PURPOSE OF ASSISTING PROSPECTIVE INVESTORS IN MAKING A DECISION TO INVEST IN

ECOBALT. ECOBALT DOES NOT MAKE ANY REPRESENTATION AS TO THE COMPLETENESS, TRUTH OR ACCURACY OF THE INFORMATION CONTAINED IN THIS

PRESENTATION. THE RECIPIENT IS CAUTIONED, THEREFORE, THAT IT IS INAPPROPRIATE TO USE THIS PRESENTATION, OR ANY PORTION THEREOF, TO ASSIST IN MAKING A DECISION TO INVEST IN ECOBALT.

E.R. (Rick) Honsinger, P. Geo., Vice President of the Company is the Qualified Person under NI 43-101 who has reviewed and approved the technical content in this presentation.

Cobalt 49% of demand driven by rechargeable batteries, used primarily in electric

vehicles and portable electronic devices. (11.7% y/y growth)

- Li Ion: LCO, NCM, NCA cathode, NiMH: anode/cathode

Conflict and Child Labour

Growing scrutiny of global supply chain of Cobalt poses public relations

risk for electric vehicle and electronics manufacturers

Pure-play Vast majority of Cobalt production tied directly to primary Nickel and

Copper mines which are under pressure in current market

Deficit Looming

Cobalt supply/demand balance expected to move into deficit territory in

2016

ECS-T Toronto Stock Exchange listed company with a flagship pre-production

primary Cobalt mining project

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A Pure-Play Cobalt Opportunity

eCobalt Solutions Inc. – Corporate Snapshot

Information above is from the Company’s May 18th, 2016 Financial Statements and are expressed in Canadian Dollars. To read the full

financial statements, please visit the Company’s website at www.eCobalt.com or contact Investor Relations at 604-682-6229.

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Shares Issued 105.7 M

Options Outstanding 6.7 M

Warrants Issued 7.9 M

Fully Diluted 120.3 M

Share price of ECS $0.52

52 Week High / Low $0.63 - $0.085

Market Capitalization $55.0 M

Working Capital (as at May31th, 2016) C$1.3 M*

* Closed C$4.4M financing June 1st, 2016

Note: Al figures as at July 18, 2016, unless otherwise noted

eCobalt Solutions Inc. – Management

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Mr. J.Paul Farquharson

B.B.A.

Position: President & CEO, Director

Mr. Farquharson is President and Chief Executive Officer of the Company.

Previously, he was Chief Financial Officer and has been with the Company for

over 23 years. He was integral in the success of numerous financings totaling over

$100M with the Company. He has made valuable contributions to business

development and strategic acquisitions of eCobalt. He possesses extensive in-

house experience with the numerous aspects of the mining industry, including

corporate management, administration, compliance, and capital markets.

Mr. Marc Tran,

CPA, CGA, B.Comm., B.A.

Position: Chief Financial Officer & Corporate Secretary

Prior to being appointed to CFO in January of 2014, Mr. Tran was the Controller

for the Company since October 2011. He has over 12 years of experience in

corporate finance, financial management, and regulatory compliance with public

companies. He has previously served as Director and CFO for other public

companies with projects in mineral exploration, development, and production in

Canada, US, Mexico, Central and South America.

Mr. E.R. (Rick) Honsinger

B.Sc., P.Geo.

Position: Vice President

Mr. Honsinger's geological and technical background brings over 30 years of

project management, exploration and Q.P. related experience to the Company. He

is Senior Vice President overseeing Corporate Development, Communications and

related compliance and has managed and contributed to the success of numerous

field and special projects during his past 20 years with eCobalt Solutions Inc.

eCobalt Solutions Inc. – Board of Directors

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Cecil D. Andrus

Director Emeritus

Governor Andrus is

a previous four-term

Idaho State

Governor, former

U.S. Secretary of

the Interior and

former counsel to

Gallatin Public

Affairs.

David Christie,

P.Geo.

Director

President and CEO of

Eagle Hill Exploration

Corp. and Vice

President with

Goodman & Company,

Investment Counsel

Inc. and Dundee

Resources Limited.

Scott Hean,

B.A., MBA, ICD.D

Director

Member of the Audit and

Chair of the

Compensation Committee

of Sabina Gold & Silver

Corp., former Senior VP

and Managing Director

with the Bank of Montreal,

natural resources sector

financing North America.

Gregory Hahn,

CPG, B.A, M.S.

Director

Over 30 years of mining

industry experience and

currently President of

Canamex Resources .

Former District and Senior

Geologist and Chief Mine

Geologist with Noranda

(Xstrata) on the Blackbird

deposit

Robert J. Quinn,

B.S.B.A., J.D.

Director – Chairman

Founding partner of

mining law firm Quinn

& Brooks LLP, former

Vice President and

General Counsel for

Battle Mountain Gold

Company .

David Stone,

Ph.D., M.B.A., P.E., P.Eng

Director

30 years of engineering and

financial consulting experience

to metal mines worldwide.

Managed and led

multidisciplinary project teams

through pre-feasibility and

feasibility evaluations of development-stage projects.

Robert Metka,

B.Sc., Eng., M.B.A.

Director

23 years of mineral

production and

engineering experience as

V.P. of Projects for

Noranda Minerals and

V.P. and General Manager

of CEZinc. He is presently a Principal of Hatch.

Battery Chemicals

Superalloys

Hardmetals

Ceramics/ Pigments

Catalysts

Hard Facing

Tyres / Paint Driers

Magnets

Others

49% (+11.7%) – 98,200,000 lbs

18% (+3%) – 35,100,000 lbs

8% (-3%) – 16,500,000 lbs

6% (+1%) – 11,400,000 lbs

5% (-8%) – 10,600,000 lbs

4% (+3%) – 7,900,000 lbs

4% (+2%) – 7,900,000 lbs

3% (+4%) – 6,000,000 lbs

3% (-6%) – 5,900,000 lbs

2015 Refined Cobalt Demand (E)

198,700,000 lbs

(+5.4%)

Battery

Chemicals

Rechargeable Batteries: Li Ion (LCO, NCM, NCA

cathode) and NiMH/NiCd

Superalloys Nickel – Cobalt based alloys: Aerospace, land based

turbines, medical and other

Hardmetals Cobalt as a binding material: Cutting tools, mining

and oil and gas drilling, etc.

Ceramics/Pi

gments

Pigment / decolouriser: Ceramics, glass and colouring

applications

Catalysts Cobalt Salts as Precursor for catalysts

Hard Facing For wear solutions: Stellites, Trialloy etc.

Tyres / Paint

Driers

Soaps and Driers: Drying agent and rubber adhesion

promotor

Magnets Permanent magnets: AlNiCo, SmCo, NdFeB, CoFe

Others Various: Electroplating, high speed steel, agriculture,

synthetic diamonds

Cobalt Demand by Application

Source: Darton Commodities Ltd, Jan 2016

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Tesla - $5B Gigafactory

for battery manufacturing

Ford to invest US$4.5B

on13 new EV’s by 2020

Porsche to invest €1B

for EV production

Faraday Future to

invest US$1B to develop

intelligent Electric Vehicles

Source: Umicore Capital Markets Day, Sept 2, 2015 and Darton Commodities Ltd. Jan 2016

Cobalt: Battery Growth Driven by Electric Vehicles

Other Current & Future Auto Manufacturers, that intend to collectively invest billions of dollars

in electric vehicles include:

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Source:: CRU May 2016

DRC & Cobalt Supply

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65% of the world cobalt supply mined from DRC

Cobalt produced primarily a by-product of nickel and copper mining (60% copper, 38% nickel production)

Over 10% cobalt offline resulting from closures due to weak Cu and Ni prices:

Glencore/Katanga Mining (10% of global cobalt metal supply)

OTHERS: Votorantim, ERG/Chambishi, Norilsk Nickel, and Queensland Nickel

Artisanal mining accounts for 22% of total cobalt production from the DRC

Amnesty International exposes abuses of the human rights related to artisanal mining likely leading to

future reductions in artisanal supply

All of the above have lead to cobalt shortfalls in supply, especially for cobalt chemicals used in EV sector

Cobalt demand growth (5.4%) outpaced supply growth (2.4%) reducing surplus

Supply/demand balance expected to move into deficit territory in 2016

Metal market balance to tighten in 2016 - output is scheduled to fall at least 11% from 2015 - by 3,3750MT

Cobalt: Supply/Demand Balance

2007-2015 CAGR: Demand 5.6%, Supply 6.7% 2014-2018 CGAR: Demand 5.5%, Supply 2.8%

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Surplus Deficit

2007-2015 CAGR: Demand 5.6%, Supply 6.7% 2014-2018 CGAR: Demand 5.5%, Supply 2.8%

Source: Darton Commodities Ltd, Jan 2016

Source: After CRU May 2016

Results of Cobalt Supply Demand Imbalance

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Expected improved prices in CRU’s base-case scenario

Project Summary

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Project Located in Idaho, U.S.A. – Increased

Focus on Ethical Sourcing of Cobalt

Cobalt Sulphate Product Sold directly into

High-Growth Battery Market

Environmental Permits in Hand

C$110M in Expenditures to Date

Resource Upside, Open at Depth

Idaho Cobalt

Project (ICP)

Completed Bankable Feasibility (2007) for high purity cobalt metal1

All critical permits in place, with an approved mine Plan of Operations

Preliminary Economic Assessment for cobalt sulfate production for battery sector completed

(March 2015)

Feasibility level metallurgical work completed demonstrating successful production of high

purity cobalt sulfate heptahydrate crystals (February 2016 )

Idaho Cobalt Project: Advanced Development

ICP Mine Site

Proposed CPF

Tesla Gigafactory

Tesla Final Assembly

ICP Mine Site – Earthworks 90% Complete

Idaho Cobalt Project (“ICP”)

Mine & Mill Facility, Salmon, Idaho

In excess of C$110 M including exploration, development, permitting and construction

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1Investors are cautioned that previously SEDAR filed Pre-Feasibility Study and Feasibility study can not be relied upon as a number of critical assumptions are out of date. Please refer to the October 1, 2014 news release.

Cobalt Production Facility (“CPF”)

Trade-off studies underway on location

Project History

ICP – Additional Advantages

Environmentally Sound

Underground Project Design - Small Environmental Footprint

100% Reclaimable - Modest 135 Acre Disturbance

No Tailings Pond - Dry Stacked Tailings

Conservation Act Program (“CAP”) - J/V with Idaho Conservation League – to promote

remediation of water shed area for fish habitat in Lemhi County, Idaho

Mine Plan of Operations - Approved

ICP offers a unique potential for consumers to secure an ethically sourced, environmentally sound

supply of battery grade cobalt chemicals, mined safely and responsibly in the United States

Ethically Sourced

Apple, Samsung and Sony face child labour claims

19 January 2016 http://www.bbc.com/news/technology-35311456

Human rights organisation Amnesty has accused Apple, Samsung and Sony, among others, of failing to do basic checks to ensure minerals used in their products are not mined by children. In a report into cobalt mining in the Democratic Republic of the Congo, it found children as young as seven working in dangerous conditions.

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PEA Revenue by Product

PEA Highlights

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Initial Capital Requirements Cost (USD$M)

Mine (with 10% Contingency) 30.01

Mill (with 15% Contingency) 43.52

CPF (with 20% Contingency) 69.42

Initial Net Working Capital 3.81

Total Initial Capital 146.76

Mine Development Cost During Production 26.9

Sustaining Capital 27.75

Total LOM Capital 201.41

PEA Cash Costs and NPV Sensitivity

LOM Total Cash Costs of processed cobalt: $13.25/lb.

LOM Total Cash Costs of processed cobalt net of by-product credits: US$4.94/lb.

LOM Total Cash Production

Cost/lb Processed Cobalt ($)

LOM Total Cash Production

Cost/ton ($)

LOM Total Cash

Production Cost ($M)

Percentage of

Total Cost (%)

Mining 6.22 63.58 219.88 46.9

Mill 2.14 21.93 75.83 16.2

CPF 2.59 26.49 91.61 19.5

General & Administrative 2.3 23.54 81.4 17.4

LOM Cash Production Cost 13.25 135.53 468.72 100

Less By-Product Production Credits ( 8.31) ( 84.98) ( 293.14)

LOM Net Cash Production Cost 4.94 50.55 175.58

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Cobalt Sulfate Heptahydrate  ($/lb. Contained) $14.50 $17.00 $19.50 $22.00 $24.50

Post-tax NPV $25.94 $68.06 $113.45 $157.59 $202.23

Post-tax IRR 12.35% 18.19% 24.07% 29.51% 34.88%

Post Tax NPV (discounted at 8.5%) and IRR Sensitivities to Price

PEA Cash Costs and NPV Sensitivity

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NPV Sensitivity

Class Cut-off (%Co) tons %Co Lbs. Co %Cu Lbs. Cu oz. Au/ton oz. Au

Measured 0.2 2,266,000 0.54 24,587,000 0.71 32,123,000 0.016 35,600

Indicated 0.2 1,214,000 0.58 13,996,000 0.82 19,839,000 0.018 22,100

M + I 0.2 3,480,000 0.55 38,583,000 0.75 51,962,000 0.017 57,700

Inferred 0.2 1,675,000 0.47 15,648,000 0.71 23,753,000 0.013 21,900

Resource Summary (Prepared in accordance with NI 43-101)

Resource Summary and Growth Potential

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Resource Growth Potential

Mineralization open at depth along one strike direction

+12 additional targets

4 drill tested with several intercepts exceeding current cut-off grades

Mineral resources that are not mineral reserves do not have demonstrated economic viability

Successful Feasibility Level Metallurgical Work

Formation has demonstrated it can successfully produce high purity, battery grade cobalt

sulfate from ICP ore

Source: eCobalt Solutions Inc.’s News Release, Dec 8th, 2015

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March 2015 - PEA completed on proposed flowsheet,- SEDAR filed May 2015

July - August 2015 - Flotation tests finalized, final flow sheet determined, Leaching

successfully produced Pregnant Leach Solution (PLS) as per the existing PEA flow

sheet

October 2015 - Cobalt Solvent Extraction (SX) was piloted and successfully produced

the required cobalt PLS

November 2015 - Cobalt Sulfate Heptahydrate crystals successfully produced at

desired battery grade specifications

February 2016 - Bench tests of Cytec Industries Inc.'s solution reagents and General

Electric crystallizers were successful

Moving Forward

Objective – recommence construction in

2017*

Raised $4.4M for feasibility study – June, 2016

Feasibility study initiated – June, 2016

Feasibility study released Q4/16-

Q1/17

Identifying Strategic Partners – off-

take, streaming, construction financing

Idaho Cobalt

Project (ICP)

Disclaimer: Times are estimates and can change without notice, construction dependant on successful BFS & Capex financing

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Idaho

Cobalt

Project

Unique Primary Source of Cobalt

- USA is the number one cobalt

consumer with no domestic supply

Strong Cobalt Demand

Fundamentals

- Fueled primarily by

expanding

rechargeable battery use

Long-term Offtake Partners Sought

- Security of supply makes offtakes

with eCobalt appealing

- Potential source of project financing

Small Environmental Footprint

Environmental permits in hand

135 acres

Dry stack tailings

Clean water discharge

Resource Upside

- Upside as resource

open at depth

- Potential to extend

12.5 year PEA mine

life

Conclusions

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Paul Farquharson, B.B.A.

President & CEO

Marc Tran, CPA, CGA, B.Comm., B.A.

CFO & Corporate Secretary

Rick Honsinger, P.Geo., B.Sc.

Vice President

CONTACT INFORMATION

eCobalt Solutions Inc. Tel: +1 (604) 682-6229

1810 – 999 West Hastings St. Email: inform@eCobalt.com

Vancouver, B.C., Canada, V6C 2W2 Web: www.eCobalt.com

eCobalt Solutions Inc. (ECS.TSX) has strategically positioned itself to offer its shareholders North

America’s only primary cobalt deposit - an advanced staged, environmentally conscious opportunity that

can be rapidly advanced towards production upon the successful conclusion of mine financing.

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