CBLT Inc.

CBLT is increasing shareholder value by leveraging its existing assets and acquiring new ones at shareholder-friendly pricing. Cobalt is a key ingredient in the cathode of rapid charge / discharge lithium-ion batteries, without which electrification of the motor vehicle industry cannot take place. Cobalt is in a global deficit position and in CBLT's view requires a Canadian ethical supply chain to alleviate the human [...]

CBLT Inc. announces that it has entered into a binding agreement with Winmar Resources Ltd. to advance three claims now owned by CBLT in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario. Winmar is an Australian mining company listed on the Australian Stock Exchange under the symbol "WFE", led by what CBLT believes to be a quality management team. The Claims are located peripheral to a cluster of [...]

CBLT provides an update on operations in Ontario and Quebec. CBLT continues to focus its resources on its cobalt assets in Ontario and Quebec. Cobalt globally is in high demand to be used in lithium-ion batteries, with limited new supply due to come on-stream. Management believes the opportunity to benefit from this imbalance will continue for several years, and as a result is positioning CLBT to be a global leader in [...]

CBLT Inc. announces a significant potential gain on a legacy investment and reminds shareholders of their own personal potential gains in that same investment. By way of background, CBLT today owns 658,334 common shares in Tempus Capital Inc. , a reporting issuer that owns income producing real estate in Southwestern Ontario. Tempus' financial statements, shareholder materials and other disclosure documents can be found [...]

CBLT is pleased to report on the success of its spring work program (the "Program") at its 100%-owned Chilton Cobalt property, located 40 kilometers east of Saint-Jovite. Multiple follow-up cobalt targets have been identified. The Program included the collection of 51 rock grab samples as well as completion of a 649-sample soil geochemistry grid and a 27 line-kilometer VLF-EM survey. The collective data identify two [...]

CBLT s thrilled to advise it has deepened its Advisory Board with the addition of Mr. Brian Hester. Mr. Hester earned his B.Sc. in 1950 in Mining Geology at the Royal School of Mines, University of London, U.K., followed by his M. Sc. in 1954 in Economic Geology from the University of Toronto, Canada. Mr. Hester has worked on mining properties around the world for over 65 years. His resume is so extensive and impressive [...]

CBLT is pleased to report on the ongoing contributions it is receiving from the Ontario government in its exploration activities. First, CBLT has received funding on its previously approved grant under the Junior Explorer Assistance Program. JEAP is managed by the Ontario Prospector Association and funded by the Northern Ontario Heritage Fund Corporation. Through this and other programs, NOHFC has helped thousands of [...]

CBLT announces details of its recently closed financing. In press releases of June 26, 2017 and July 7, 2017 CBLT announced that it had closed on its previously announced financing. CBLT issued 4,710,000 flow-through units with each flow-through unit consisting of one flow-through share and one common share purchase warrant exercisable at $0.12 per common share for a period of 18 months from the date of issue. The Company [...]

CBLT announces it has closed on a further $200,000 of previously announced flow-through financing from an institutional investor. Cobalt is a necessary ingredient in the cathode in lithium-ion batteries. Management believes the world is suffering through a prolonged global cobalt deficit, where the demand for cobalt for these batteries far exceeds supply, and that this global deficit will continue for the foreseeable [...]

CBLT announces that it has closed on $389,000 of previously announced financing and has also received $74,000 from the exercise of options and warrants. CBLT granted a total of 609,000 stock options to consultants and directors, effective June 19, 2017, exercisable at $0.10 cents each and expiring June 18, 2022. CBLT continues to build its impressive portfolio of assets in mining-friendly jurisdictions, including Copper [...]