In Canadian television

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).