CBLT Inc.

CBLT Inc. announces it has signed a definitive agreement with Softrock Minerals Ltd. for the purchase of 100% of the Shatford Lake property in mining-friendly Manitoba. Management believes Shatford Lake to be highly prospective for lithium. The Property Shatford Lake is located in the Winnipeg River-Cat Lake pegmatite field in eastern Manitoba near the Ontario border, roughly 130 kilometres from Winnipeg and only five [...]

CBLT Inc. announces it has closed on its previously announced intention to effect a flowthrough financing in an amount of $53,202 by issuing 886,700 Flowthrough Units priced at $0.06 per Flowthrough Unit. Each Flowthrough Unit comprises of one flowthrough share and one full 9-cent warrant with a 24-month term, with each 9-cent warrant being exercisable into a flowthrough common share. A finder's fee equal to $1,974 was [...]

CBLT Inc. announces its intention to effect a flowthrough financing in an amount up to $50,000 by offering up to 833,333 Flowthrough Units priced at $0.06 per Flowthrough Unit. Each Flowthrough Unit will comprise of one flowthrough share and one full 9-cent warrant with a 24-month term, with each 9-cent warrant being exercisable into a flowthrough common share. CBLT also announces its intention to carry out a hard dollar [...]

CBLT Inc. announces it has entered into a Letter of Intent to buy the 70% majority interest in the Werner Lake Copper-Cobalt-Gold Project from Global Energy Metals Corp. . Readers are directed to GEMC's website for details and documents related to Werner Lake . "This is an extremely exciting time for CBLT's shareholders. Efficient M&A activity has meant CBLT has not had to carry out a financing since 2016," said Peter M [...]

As previously announced on August 19, 2020, CBLT Inc. closed the sale of its majority interest in the Northshore Gold Property Joint Venture to Omni Commerce Corp. . CBLT was paid $350,000 in cash and $1,100,000 in common shares of Omni, which shares are subject to a regulatory four month hold and a voluntary escrow agreement providing for staggered releases over the next year. The first release from escrow of 25% of [...]

CBLT Inc. reports that pursuant to the Annual and Special Shareholder Meeting, which was held in Burlington, Ontario on August 31, 2020, shareholders have voted overwhelmingly in favour of all management resolutions proposed in the Management Information Circular including the re-approval of CBLT's Stock Option Plan, the approval of Wasserman Ramsay Chartered Accountants as CBLT's auditors, the approval of conversion of [...]

CBLT Inc. announces it has closed the previously announced sale of its 56% of the Northshore Gold Property Joint Venture to Omni Commerce Corp. , an unlisted reporting issuer in good standing, on substantially the same terms as previously announced. CBLT has been paid $350,000 in cash and $1,100,000 in common shares of Omni, which shares are subject to a regulatory four month hold and a voluntary escrow agreement [...]

CBLT Inc. announces the closing of the debt conversion transaction previously announced on June 23, 2020 and June 26, 2020, whereby certain arms-length and non arms-length creditors of the Company holding $53,650.00 of debt in the aggregate have agreed to convert such debt into Common Shares resulting in the issuance of a total of 2,146,000 Common Shares at $0.025 per Common Share. The conversion is being effected [...]

CBLT Inc. announces positive news on the pending sale of its 56% joint venture interest in the Northshore Gold Property, located east of Thunder Bay and west of the Hemlo Gold Camp, in Ontario. On June 1, 2020 CBLT announced it had entered into a definitive agreement to sell its 56% joint venture interest in Northshore Gold to Omni Commerce Corp. , pursuant to which CBLT would be paid $350,000 in cash and $1,100,000 in [...]

CBLT Inc. announces arms-length and non-arms length creditors of the Company holding $53,650.00 of debt in the aggregate have agreed to convert such debt into Common Share, which would result in the issuance of a total of 5,365,000 Common Shares . The conversion is being effected pursuant to the TSXV Temporary Relief of Policy 4.3 announced on April 8, 2020. Regulatory approval will be required for the Debt Conversion [...]