CBLT is pleased to report on exploration activities completed by the Ontario Geological Survey on CBLT's 100%-owned Copper Prince and Otto Lake Properties. In 2016 and 2017 CBLT carried out extensive work at Copper Prince near Ed's Watering Hole, including surface sampling, mapping, excavation, an IP survey and a diamond drill program. During the [...]
CBLT is increasing shareholder value by leveraging its existing assets and acquiring new ones at shareholder-friendly pricing. Cobalt is a key ingredient in the cathode of rapid charge / discharge lithium-ion batteries, without which electrification of the motor vehicle industry cannot take place. Cobalt is in a global deficit position and in [...]
CBLT Inc. announces that it has entered into a binding agreement with Winmar Resources Ltd. to advance three claims now owned by CBLT in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario. Winmar is an Australian mining company listed on the Australian Stock Exchange under the symbol "WFE", led by what CBLT believes to be a [...]
CBLT provides an update on operations in Ontario and Quebec. CBLT continues to focus its resources on its cobalt assets in Ontario and Quebec. Cobalt globally is in high demand to be used in lithium-ion batteries, with limited new supply due to come on-stream. Management believes the opportunity to benefit from this imbalance will continue for [...]
CBLT Inc. announces a significant potential gain on a legacy investment and reminds shareholders of their own personal potential gains in that same investment. By way of background, CBLT today owns 658,334 common shares in Tempus Capital Inc. , a reporting issuer that owns income producing real estate in Southwestern Ontario. Tempus' financial [...]
CBLT is pleased to report on the success of its spring work program (the "Program") at its 100%-owned Chilton Cobalt property, located 40 kilometers east of Saint-Jovite. Multiple follow-up cobalt targets have been identified. The Program included the collection of 51 rock grab samples as well as completion of a 649-sample soil geochemistry grid [...]
CBLT s thrilled to advise it has deepened its Advisory Board with the addition of Mr. Brian Hester. Mr. Hester earned his B.Sc. in 1950 in Mining Geology at the Royal School of Mines, University of London, U.K., followed by his M. Sc. in 1954 in Economic Geology from the University of Toronto, Canada. Mr. Hester has worked on mining properties [...]
CBLT is pleased to report on the ongoing contributions it is receiving from the Ontario government in its exploration activities. First, CBLT has received funding on its previously approved grant under the Junior Explorer Assistance Program. JEAP is managed by the Ontario Prospector Association and funded by the Northern Ontario Heritage Fund [...]
CBLT announces details of its recently closed financing. In press releases of June 26, 2017 and July 7, 2017 CBLT announced that it had closed on its previously announced financing. CBLT issued 4,710,000 flow-through units with each flow-through unit consisting of one flow-through share and one common share purchase warrant exercisable at $0.12 per [...]
CBLT announces it has closed on a further $200,000 of previously announced flow-through financing from an institutional investor. Cobalt is a necessary ingredient in the cathode in lithium-ion batteries. Management believes the world is suffering through a prolonged global cobalt deficit, where the demand for cobalt for these batteries far exceeds [...]
CBLT announces that it has closed on $389,000 of previously announced financing and has also received $74,000 from the exercise of options and warrants. CBLT granted a total of 609,000 stock options to consultants and directors, effective June 19, 2017, exercisable at $0.10 cents each and expiring June 18, 2022. CBLT continues to build its [...]
CBLT announces it has, with TSX Venture Exchange approval, changed its corporate name from Green Swan Capital Corp. to CBLT Inc. and has changed its trading symbol to CLBT. These changes are now effective. The name "CBLT" accurately reflects the focus on cobalt-related mining assets. Management believes the world is suffering through a global [...]
