M2 Cobalt Corp. announced that it has appointed Mahendra Naik to the Board of Directors of the company with immediate effect. Mr. Naik is a Chartered Professional Accountant and is one of the founding directors and key executives who started IAMGOLD Corporation. As Chief Financial Officer of IMAGOLD from 1990 to 1999, he was involved in the negotiation of a number of mine joint ventures with Anglo American and was instrumental in arranging over $550 million in debt and equity financings for IAMGOLD including its IPO. Mr. Naik is also the Chairman of the Board, Audit and Compensation Committees of Fortune Minerals Limited. Mr. Naik is also a Director of Goldmoney Inc. The company also announced that Brian Morrison has been appointed Corporate Secretary to the Company with immediate effect.