CBLT Inc.

Recent News

  • CBLT Closes Financing

    Burlington, Ontario--(Newsfile Corp. - January 6, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has closed on its previously announced intention to effect a flowthrough financing in an amount of $53,202 (fifty-three thousand two hundred and two dollars) by issuing 886,700 Flowthrough Units priced at $0.06 (six cents) 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....

    2021-01-06 7:43 PM ET
  • CBLT Announces Financing

    Burlington, Ontario--(Newsfile Corp. - December 24, 2020) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces its intention to effect a flowthrough financing in an amount up to $50,000 (fifty thousand dollars) by offering up to 833,333 Flowthrough Units priced at $0.06 (six cents) 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...

    2020-12-24 1:17 PM ET
  • CBLT Enters LOI to Buy 70% of Werner Lake and Updates Hemlo Operations

    Burlington, Ontario--(Newsfile Corp. - November 26, 2020) -  CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has entered into a Letter of Intent (the "LOI") to buy the 70% majority interest in the Werner Lake Copper-Cobalt-Gold Project ("Werner Lake") from Global Energy Metals Corporation ("GEMC"). Readers are directed to GEMC's website for details and documents related to Werner Lake (https://www.globalenergymetals.com/projects/werner-lake-cobalt-project/)."This is an extremely exciting time for CBLT's shareholders. Efficient M&A activity has meant CBLT has not had to carry out a...

    2020-11-26 8:00 AM ET
  • CBLT Updates on Omni's Progress at Northshore Gold

    Burlington, Ontario--(Newsfile Corp. - September 23, 2020) - As previously announced on August 19, 2020, CBLT Inc. (TSXV: CBLT) ("CBLT") closed the sale of its majority interest in the Northshore Gold Property Joint Venture (the "Property") to Omni Commerce Corp. ("Omni"). 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...

    2020-09-23 4:55 PM ET
  • CBLT Inc. Provides Exploration and Corporate Updates

    Burlington, Ontario--(Newsfile Corp. - September 2, 2020) - CBLT Inc. (TSXV: CBLT) (the "Company" or "CBLT") 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 certain debt to CBLT common...

    2020-09-02 10:39 AM ET
  • CBLT Closes on Sale of Northshore Gold

    Burlington, Ontario--(Newsfile Corp. - August 19, 2020) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has closed the previously announced sale of its 56% of the Northshore Gold Property Joint Venture (the "Property") to Omni Commerce Corp. ("Omni"), 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...

    2020-08-19 7:00 AM ET
  • CBLT Announces Closing of Debt Conversion and Update on Northshore

    Burlington, Ontario--(Newsfile Corp. - August 12, 2020) - CBLT Inc. (TSXV: CBLT) (the "Company" or "CBLT") 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...

    2020-08-12 10:42 AM ET
  • CBLT Provides Update on Sale of Northshore Gold

    Burlington, Ontario--(Newsfile Corp. - June 25, 2020) - CBLT Inc. (TSXV: CBLT) (the "Company" or "CBLT") 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 (which hosts the Afric Gold Deposit) to Omni Commerce Corp....

    2020-06-25 7:30 AM ET