CBLT Receives Payment for Chilton Cobalt
Burlington, Ontario--(Newsfile Corp. - July 25, 2022) - Further to its June 13, 2022 press release, CBLT Inc. (TSXV: CBLT) ("CBLT") announces that it has received the payment required under the option agreement (the "Option") with PowerStone Metals Corp. (the "Optionee"), a private British Columbia corporation, with respect to CBLT's 100% owned Chilton Cobalt property ("Chilton Cobalt"). The payment to CBLT is one million (1,000,000) special warrants (the "Warrants"). It is expected that the...
2022-07-25 8:00 AM EDT
CBLT Options Chilton Cobalt
Burlington, Ontario--(Newsfile Corp. - June 13, 2022) - CBLT Inc. (CBLT: TSXV) ("CBLT") announces that it has entered into an option agreement (the "Option") with PowerStone Metals Corp. (the "Optionee"), a private British Columbia corporation, with respect to its 100% owned Chilton Cobalt property ("Chilton Cobalt"). Chilton Cobalt consists of nine claims totaling 497 hectares (almost five square kilometers) in Quebec, Canada, located 40 kilometers east of Saint-Jovite, Quebec, roughly a one...
2022-06-13 8:30 AM EDT
CBLT Investee Ciscom Has Filed Its Preliminary Prospectus
Burlington, Ontario--(Newsfile Corp. - May 9, 2022) - CBLT Inc. (TSXV: CBLT) ("CBLT") is very pleased to report that its investee Ciscom Corp. ("Ciscom") has received a receipt from the Ontario Securities Commission for its preliminary prospectus (the "Prospectus"). The Prospectus can be found at Ciscom's Sedar page: Ciscom Corp. Profile (sedar.com)."We have been working with Ciscom for roughly 18 months, helping the team get ready for this event," said CBLT CEO, Peter M. Clausi. "Next up...
2022-05-09 8:00 AM EDT
CBLT Early Field Program for Shatford Lake (Lithium)
Burlington, Ontario--(Newsfile Corp. - April 4, 2022) - On November 29, 2021, CBLT Inc. (TSXV: CBLT) ("CBLT") reported the results from its first sampling program at Shatford Lake, Manitoba in the Bird River Pegmatite Field. Based in part on guidance from historical field notes and drill logs, CBLT's field team located and sampled several pegmatite outcrops during the 2021 field season. A total of 14 samples were collected. Several samples were elevated in rubidium (see table below) and some...
2022-04-04 8:15 AM EDT
CBLT Provides Plans for 2022 to Create Shareholder Value: Ciscom, Gold and Lithium
Burlington, Ontario--(Newsfile Corp. - March 14, 2022) - CBLT Inc. (TSXV: CBLT) announces its plans for the remainder of 2022."We have a three-pronged approach to enhancing shareholder value this year," said Peter M. Clausi, CBLT's CEO. "We will go back to Shatford Lake to continue our hunt for lithium, we will drill at Big Duck Lake in Hemlo, and we will assist investee Ciscom Corp. as it clears a prospectus and applies to list its common shares on the Canadian...
2022-03-14 8:00 AM EDT
CBLT Reports Results from Shatford Lake (Lithium)
Burlington, Ontario--(Newsfile Corp. - November 30, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") is excited to report the results from its first sampling program at Shatford Lake, Manitoba in the Bird River Pegmatite Field.Based in part on guidance from historical field notes and drill logs, CBLT's field team located and sampled several pegmatite outcrops during the 2021 field season. A total of 14 samples were collected. Results have now been returned."Our first round of exploration at Shatford...
2021-11-30 7:45 AM EST
CBLT Declares Dividend and Provides Update on Shatford Lake (Lithium)
Burlington, Ontario--(Newsfile Corp. - November 10, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") declares a dividend and provides an update on its exploration program at Shatford Lake. "Good things are happening at CBLT," said Peter M. Clausi, CBLT's CEO. "Results from the samples taken from pegmatites are imminent and our shareholders are catching a dividend. We're expecting a strong finish to the year."DividendCBLT owns roughly 4,200,000 common shares of Ciscom Corp. or roughly 12% of the Ciscom...
2021-11-10 7:30 AM EST
CBLT Will Attend Shareholder Meeting of Investee Ready Set Gold Corp
Burlington, Ontario--(Newsfile Corp. - October 5, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces its continuing efforts to overhaul the leadership group at investee Ready Set Gold Corp. ("RDY"). CBLT is to the best of its knowledge the largest shareholder of RDY.The current leadership group has been a financial and operational disaster for RDY's shareholders. The last equity financing was effected at 75 cents per share (flowthrough). RDY's shares began trading CBLT on January 12, 2021 at...
2021-10-05 10:10 AM EDT
CBLT Provides Update on Investee Ciscom Corp. and Resumption of Shatford Lake Exploration for Lithium
Burlington, Ontario--(Newsfile Corp. - September 9, 2021) - CBLT Inc. (TSXV: CBLT ) ("CBLT") provides an update on its Shatford Lake lithium exploration program and on the recent acquisition effected by its investee Ciscom Corp. ("Ciscom").Shatford LakeThe Shatford Lake Property (the "Property") is located in the Bird River Pegmatite Field, Manitoba. Given its proximity to the Tanco Mine and the historical records from previous programs, management believes the Property is prospective for...
2021-09-09 8:00 AM EDT
CBLT Provides Exploration Update and Update on Its Investee Ready Set Gold Corp.
Burlington, Ontario--(Newsfile Corp. - August 10, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") provides an update on its exploration programs and on the progress being made to upgrade the leadership team of Ready Set Gold Corp.Big Duck LakeAs previously disclosed, Big Duck Lake is in the Hemlo Gold Camp, roughly 20 km north of the TransCanada Highway. Strategically, it is 4 km west of the past-producing polymetallic Winston Lake Zinc Mine. The Winston Lake Zinc Mine produced 2.68 million tonnes...
2021-08-10 8:00 AM EDT
CBLT Requisitions Shareholder Meeting for Investee Ready Set Gold Corp.
Burlington, Ontario--(Newsfile Corp. - June 14, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has delivered a requisition letter (the Req Letter") to the board of Ready Set Gold Corp. ("RDY"). In the Req Letter, CBLT requests the board call a meeting of the common shareholders of RDY for the purpose of removing all current directors and electing a fresh team who will actually carry out their fiduciary duties as directors (the "New Slate").A copy of the Req Letter...
2021-06-14 1:05 PM EDT
CBLT Plans Work at Shatford Lake for Lithium
Burlington, Ontario--(Newsfile Corp. - June 3, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces the imminent start of its summer exploration program at Shatford Lake, Manitoba, which management believes to be highly prospective for lithium. Given its proximity to the Tanco Mine and its location in the Bird River Pegmatite Field, management also believes the property is prospective for tantalum, beryllium, cesium and rubidium. Shatford Lake is located in the Winnipeg River - Cat Lake...
2021-06-03 2:09 PM EDT
CBLT Provides Corporate and Exploration Update
Burlington, Ontario--(Newsfile Corp. - April 27, 2021) - CBLT Inc. (TSXV: CBLT) provides an update on its corporate and exploration activities.At Shatford Lake, Manitoba CBLT intends to be in the field as soon as reasonably possible and likely by the end of May following permitting. Shatford Lake is enticing due to its pegmatite showings and due to its close proximity to the world-famous Tanco Mine (lithium-caesium-tantallum-beryllium). CBLT has obtained field notes and a drill log from...
2021-04-27 8:15 AM EDT
CBLT Updates M&A and Announces Warrants Expiry
Burlington, Ontario--(Newsfile Corp. - March 15, 2021) - On March 1, 2021 CBLT Inc. (TSXV: CBLT) ("CBLT") announced it had reached a meeting of the minds with an arm's length third party for CBLT to acquire a greenfield Ontario mining asset that is prospective for some of the battery metals. Since then CBLT's due diligence review showed two additional arm's length parties having an ownership interest in that property. CBLT has entered into good faith discussions with those additional parties...
2021-03-15 8:30 AM EDT
CBLT Closes on Flowthrough Financing
Burlington, Ontario--(Newsfile Corp. - March 8, 2021) - On February 15, 2021, CBLT Inc. (TSXV: CBLT) ("CBLT") announced it had set its exploration goals and budget for the foreseeable future. To fund that budget CBLT announced an intention to effect a non-brokered flowthrough financing in an amount no less than $100,000. CBLT announces it has closed on $232,830.00 (two hundred thirty-two thousand eight hundred and thirty dollars) in flowthrough financing, resulting in the issuance of...
2021-03-08 8:15 AM EST
CBLT Closes on Shatford Lake
Burlington, Ontario--(Newsfile Corp. - March 1, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has closed on its previously announced purchase of the Shatford Lake property from an arm's length vendor. CBLT is making plans to substantially advance exploration in 2021 at Shatford Lake, which management believes to be highly prospective for lithium.In 2021, other assets in CBLT's broad portfolio will also be advanced, with at least one drill program contemplated. The board is still to...
2021-03-01 8:00 AM EST
CBLT Announces Flowthrough Financing and Exploration Plans
Burlington, Ontario--(Newsfile Corp. - February 16, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") has set its exploration goals and budget for the foreseeable future. To fund that budget CBLT announces its intention to effect a non-brokered flowthrough financing in an amount no less than $100,000 (one hundred thousand dollars, resulting in the issuance of one million Flowthrough Units) up to $400,000 (four hundred thousand dollars, resulting in the issuance of four million Flowthrough Units). Each...
2021-02-16 8:00 AM EST
CBLT Acquires Shatford Lake for Lithium and Provides Corporate Plan for 2021
Burlington, Ontario--(Newsfile Corp. - February 8, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces it has signed a definitive agreement (the "Agreement") with Softrock Minerals Ltd. (the "Vendor") 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 PropertyShatford Lake is located in the Winnipeg River-Cat Lake pegmatite field in eastern Manitoba near the Ontario border, roughly 130...
2021-02-08 8:05 AM EST
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...
2021-01-06 7:43 PM EST
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...
2020-12-24 1:17 PM EST