CBLT Inc.

Recent News

  • 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
  • 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 12:03 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 4:53 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 1:45 PM ET
  • CBLT Inc. Corporate Update

    Burlington, Ontario--(Newsfile Corp. - October 24, 2019) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces that work continues on CBLT's audited annual financial statements (the "Financial Statements") and management discussion and analysis ("MD&A") for the year ended May 31, 2019. CBLT continues to anticipate that it will be in a position to file the Financial Statements and MD&A on or prior to November 29, 2019.A previously incorporated wholly-owned subsidiary of CBLT has been loaned CDN$50,000 (fifty thousand dollars) against a promissory...

    2019-10-24 12:04 PM ET
  • CBLT Acquires Gold Assets in Hemlo

    Burlington, Ontario--(Newsfile Corp. - March 19, 2019) - CBLT Inc. (TSXV: CBLT) ("CBLT") is very pleased to announce it has closed on its previously announced purchase of a portfolio of Canadian mining assets (the "Assets") from GTA Financecorp Inc.("GTA") (formerly known as GTA Resources and Mining Inc.). See CBLT's press release of January 21, 2019 for details of the terms of the purchase. The Assets are all located in Canada and all have been explored to some degree."There was much...

    2019-03-19 7:00 AM ET