VANCOUVER, British Columbia, May 14, 2018 (GLOBE NEWSWIRE) — Cameo Resources Corp. (TSX Venture:CRU) (OTC:CRUUF) (FWB:SY7D) (the “Company” or “Cameo Resources”) is pleased to announce that further to its strategic focus on cobalt, the Company has entered into an agreement (the “Agreement”) to acquire Labrador Cobalt Corp., a privately-held corporation having its registered offices in St. John’s, Newfoundland and Labrador. Upon completion of the acquisition, Labrador Cobalt Corp. will become the Company’s wholly-owned operating subsidiary in Newfoundland & Labrador and will serve to advance the Company’s growing portfolio of cobalt assets within the province.