CBLT Inc.

Recent News

  • 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 5:55 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 11:39 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 8:00 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 11:42 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 8:30 AM ET
  • CBLT Provides Details of Debt Conversion

    Burlington, Ontario--(Newsfile Corp. - June 23, 2020) - CBLT Inc. (TSXV: CBLT) (the "Company" or "CBLT") 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 "Debt Conversion"). 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...

    2020-06-23 1:03 PM ET
  • Northshore Gold Title Consolidated 100%

    Burlington, Ontario--(Newsfile Corp. - June 16, 2020) - CBLT Inc. (TSXV: CBLT) ("CBLT") owns 56% of the Northshore Gold Property (the "Property"), under a joint venture agreement (the "JV") with Balmoral Resources Ltd. ("Balmoral"), a wholly-owned subsidiary of Wallbridge Mining Company Limited. On June 1, 2020 CBLT announced it would sell the Property to Omni Commerce Corp. (FRA: 0MZA) ("Omni"), an unlisted reporting issuer in good standing, pursuant to an agreement of purchase and sale (the "CBLT Agreement"). Omni...

    2020-06-16 5:53 PM ET
  • CBLT Sells Northshore Gold for Cash and Equity

    Burlington, Ontario--(Newsfile Corp. - June 1, 2020) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces that, further to its news release dated April 27, 2020, it has entered into a definitive mineral property purchase and sale agreement dated May 29, 2020 (the "Agreement") with Omni Commerce Corp. (FSE: 0MZA) ("Omni" or the "Company"), an unlisted reporting issuer in good standing. Omni has over one million dollars in its treasury.Omni has agreed to acquire CBLT's right, title and interest in and...

    2020-06-01 2:45 PM ET