CBLT Inc. announces that work continues on CBLT's audited annual financial statements and management discussion and analysis 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 [...]
CBLT Inc. is very pleased to announce it has closed on its previously announced purchase of a portfolio of Canadian mining assets from GTA Financecorp 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 talk at [...]
CBLT Inc. is pleased to provide assay results from the 3-hole diamond drill program carried out at Northshore Gold in December 2018 . GTA Resources and Mining Inc. carried out the Program while it was negotiating with various parties for the sale of all its mining assets. GTA and CBLT entered into an agreement whereby CBLT would purchase all of [...]
CBLT Inc. is pleased to announce it is the winning bidder for a portfolio of Canadian mining assets. Further to the previously announced agreement between them , CBLT has been advised by GTA Resources and Mining Inc. that GTA has not been able to reach acceptable terms with any other bidder for GTA's portfolio of mining assets , and as a result GTA [...]
Burlington, Ontario-- - CBLT Inc. announces it has been advised by GTA Resources and Mining Inc. that GTA has received an offer from an arm's length party with terms that GTA believes are superior to the terms of the previously announced agreement between GTA and CBLT , that GTA has accepted such Offer, and GTA is working towards a definitive [...]
CBLT Inc. is pleased to report the results of a trenching program recently completed on the 9-claim Chilton Property located approximately 40 kilometres east of Saint-Jovite in the Laurentian Mountains of Québec, and its intention to carry out a financing. The trenching program was designed to test two surface showings of [...]
CBLT Inc. reports on the successful completion of an orientation geochemical survey on its Mikayla project in south central British Columbia. Discovery Consultants - A Corporate Partnership of Vernon, BC collected a total of 82 soil samples on 200-meter spacings along logging roads in the western project area. The samples were assayed by [...]
Further to its press release of November 26, 2018, CBLT Inc. announces it has signed a definitive agreement with GTA Resources and Mining Inc. to buy all the mining assets owned by GTA. In consideration for the Assets, CBLT will pay $1,050,000 to GTA, by way of 21,000,000 Units to be issued from CBLT's treasury at five cents per Unit. Each Unit [...]
CBLT Inc. announced it had signed a letter of intent to buy all the mining assets owned by GTA Resources and Mining Inc. at a price of $1,050,000, to be paid in 35,000,000 treasury shares of CBLT. After discussions, and in part to account for movements in GTA's and CBLT's respective share prices, GTA and CBLT have agreed to amend the Sale Agreement [...]
CBLT Inc. filed at SEDAR its interim financial results for the quarter ended August 31, 2018. CBLT reported a net profit for the quarter, generated positive cash flow, and increased shareholders equity on the balance sheet. Assets increased while Liabilities decreased. These achievements were due in large part to successful M&A activity and [...]
CBLT Inc. announces it has reached an agreement to purchase all the mining assets now owned by GTA Resources and Mining Inc. , a non-arm's length reporting issuer, at a purchase price of $1,050,000 to be paid through the issuance of 35,000,000 CBLT treasury shares. The Assets are all located in Canada and all have been explored to some degree. One [...]
CBLT Inc. provides an update on its relationship with Winmar Resources Ltd. and reports on exploration work at the Bloom Lake Property in Gowganda, Ontario . Assay results confirmed high-grade copper-cobalt mineralization with anomalous gold and nickel. Earlier in 2018, CBLT sold the Bloom Lake Property to Winmar for cash and 16,666,667 shares from [...]