The paramagnetic complexes (TmtBu)CoX (X = Cl, Br, I) have been readily prepared and structurally characterized and provide a convenient entry into cobalt(II) tris(mercaptoimidazolyl)borate chemistry. A number of derivatives, including mononuclear triphenylphosphine adducts [(TmtBu)Co(PPh3)]X and dinuclear compounds [Co2(TmtBu)2X]Y, have been prepared in order to ascertain whether cobalt is a reliable surrogate for zinc in biological systems, particularly in sulfur-rich coordination environments. The structure of the first cobaltaboratrane is also reported.