CBLT-DT

CBLT Plans Work at Shatford Lake for Lithium

Retrieved on: 
Thursday, June 3, 2021
Chemical elements, Chemistry, Physical sciences, Oxide minerals, Economic geology, Pegmatite, Lithium, CBLT-DT, Tantalite, Tantalum

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.

Key Points: 
  • 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.
  • CBLT references this to inform its knowledge of the area and to support its thesis for exploration at Shatford Lake.
  • Other minerals identified in historical work include beryl and tantalite, which indicates the Shatford Lake pegmatites are likely LCT-type (lithium-cesium-tantalum).
  • Jessica Daniel, P.Geo., a CBLT director and the past Exploration Manager at Rock Tech Lithium Inc., will oversee the Shatford Lake programs.

CBLT Provides Corporate and Exploration Update

Retrieved on: 
Tuesday, April 27, 2021
Physical sciences, Chemistry, Alkali metals, Chemical elements, Reducing agents, Natural sciences, Caesium, Tanco Mine, CBLT-DT, Radar Doppler Multitarget, Lithium, Pegmatite

b'Burlington, Ontario--(Newsfile Corp. - April 27, 2021) - \xc2\xa0CBLT Inc. (TSXV: CBLT) provides an update on its corporate and exploration activities.\nAt Shatford Lake, Manitoba CBLT intends to be in the field as soon as reasonably possible and likely by the end of May following permitting.

Key Points: 
  • b'Burlington, Ontario--(Newsfile Corp. - April 27, 2021) - \xc2\xa0CBLT Inc. (TSXV: CBLT) provides an update on its corporate and exploration activities.\nAt 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).
  • The vendors are seeking non-traditional terms that are problematic for CBLT and may create too much risk for its shareholders.\nFinally, CBLT has reported an unrealized investment loss of $522,500 in its financial statements for the period ending February 28, 2021.
  • RDY\'s current Chief Executive Officer was not the CEO when CBLT agreed to sell Northshore Gold to RDY, and it is unlikely CBLT would have sold the Northshore Gold project to RDY had it been known that person would eventually be RDY\'s CEO.

CBLT Provides Corporate and Exploration Update

Retrieved on: 
Tuesday, April 27, 2021
Physical sciences, Chemistry, Alkali metals, Chemical elements, Reducing agents, Natural sciences, Caesium, Tanco Mine, CBLT-DT, Radar Doppler Multitarget, Lithium, Pegmatite

b'Burlington, Ontario--(Newsfile Corp. - April 27, 2021) - \xc2\xa0CBLT Inc. (TSXV: CBLT) provides an update on its corporate and exploration activities.\nAt Shatford Lake, Manitoba CBLT intends to be in the field as soon as reasonably possible and likely by the end of May following permitting.

Key Points: 
  • b'Burlington, Ontario--(Newsfile Corp. - April 27, 2021) - \xc2\xa0CBLT Inc. (TSXV: CBLT) provides an update on its corporate and exploration activities.\nAt 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).
  • The vendors are seeking non-traditional terms that are problematic for CBLT and may create too much risk for its shareholders.\nFinally, CBLT has reported an unrealized investment loss of $522,500 in its financial statements for the period ending February 28, 2021.
  • RDY\'s current Chief Executive Officer was not the CEO when CBLT agreed to sell Northshore Gold to RDY, and it is unlikely CBLT would have sold the Northshore Gold project to RDY had it been known that person would eventually be RDY\'s CEO.

CBLT Updates M&A and Announces Warrants Expiry

Retrieved on: 
Monday, March 15, 2021
Communication, Forward-looking statement, CBLT-DT

This news release contains certain statements that constitute forward-looking statements as they relate to CBLT and its management.

Key Points: 
  • This news release contains certain statements that constitute forward-looking statements as they relate to CBLT and its management.
  • If and when forward-looking statements are set out in this new release, CBLT will also set out the material risk factors or assumptions used to develop the forward-looking statements.
  • Except as expressly required by applicable securities laws, CBLT assumes no obligation to update or revise any forward-looking statements.
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/77162

CBLT Closes on Flowthrough Financing

Retrieved on: 
Monday, March 8, 2021
Communication, Forward-looking statement, CBLT-DT

This news release contains certain statements that constitute forward-looking statements as they relate to CBLT and its management.

Key Points: 
  • This news release contains certain statements that constitute forward-looking statements as they relate to CBLT and its management.
  • If and when forward-looking statements are set out in this new release, CBLT will also set out the material risk factors or assumptions used to develop the forward-looking statements.
  • Except as expressly required by applicable securities laws, CBLT assumes no obligation to update or revise any forward-looking statements.
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/76387

CBLT Closes on Shatford Lake

Retrieved on: 
Monday, March 1, 2021
CBLT-DT, In Canadian television, Lithium

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.

Key Points: 
  • 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.
  • CBLT references this to inform its knowledge of the area and to support its thesis for exploration at Shatford Lake.
  • Jessica Daniel, P.Geo., a CBLT director and the past Exploration Manager at Rock Tech Lithium Inc., will oversee the Shatford Lake programs.

CBLT Announces Flowthrough Financing and Exploration Plans

Retrieved on: 
Tuesday, February 16, 2021
Currency, Foreign exchange market, CBLT-DT, In Canadian television, Hong Kong dollar, United States dollar, Mill

Burlington, Ontario--(Newsfile Corp. - February 16, 2021) - CBLT Inc. (TSXV: CBLT) ("CBLT") has set its exploration goals and budget for the foreseeable future.

Key Points: 
  • 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 Flowthrough Unit will be priced at $0.10 (ten cents) per Flowthrough Unit and will comprise of one flowthrough share and one full 15-cent warrant with a 24-month term, with each 15-cent warrant being exercisable into a flowthrough common share.
  • CBLT's exploration plans begin with advancing the Shatford Lake property which management believes to be highly prospective for lithium.

Softrock Minerals Ltd. Announces Sale of Shatford Lake to CBLT Inc.

Retrieved on: 
Monday, February 8, 2021
Chemistry, Physical sciences, Natural sciences, Chemical elements, CBLT-DT, In Canadian television, Cobalt, Ontario, Cobalt, Lithium

Calgary, Alberta--(Newsfile Corp. - February 8, 2021) - The Board of Directors of Softrock Minerals (TSXV: SFT) (Softrock) are pleased to announce the sale of 100% of its Shatford Lake asset to CBLT Inc (TSXV: CBLT) whose Management believes Shatford Lake to be highly prospective for lithium.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - February 8, 2021) - The Board of Directors of Softrock Minerals (TSXV: SFT) (Softrock) are pleased to announce the sale of 100% of its Shatford Lake asset to CBLT Inc (TSXV: CBLT) whose Management believes Shatford Lake to be highly prospective for lithium.
  • Pursuant to the Agreement CBLT will make a one-time payment of $25,000 (twenty-five thousand dollars) to Softrock.
  • We are delighted to have the Shatford Lake property in the hands of an active and experienced battery mineral mining company such as CBLT.
  • Softrock is also in discussions regarding the sale of its Dagny Lake cobalt property in Ontario.

CBLT Closes Financing

Retrieved on: 
Thursday, January 7, 2021
Currency, Foreign exchange market, CBLT-DT, In Canadian television, Hong Kong dollar, United States dollar, Penny

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.

Key Points: 
  • 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.
  • A finder's fee equal to $1,974 was paid to a registrant related to this financing.
  • CBLT also announces its has closed on its previously announced intention to carry out a hard dollar financing in an amount of $15,000 (fifteen thousand dollars) by issuing 250,000 Common Units priced at $0.06 (six cents) per Common Unit.
  • RDY's last financing was carried out at $0.75 (seventy-five cents) per share (FT).