December 04, 2022

Peter Clausi talks about CBLT receiving the option payment on its Chilton Cobalt property

In this InvestorIntel interview with host Tracy Weslosky, CBLT Inc.’s (TSXV: CBLT) President, CEO and Director Peter Clausi talks about the recent news that it received the option payment from PowerStone Metals Corp. with respect to CBLT’s 100% owned Chilton Cobalt property.

In the interview, which can also be viewed in full on the InvestorIntel YouTube channel (click here to access InvestorChannel.com), Peter tells Tracy that it shows “you can make as much money with the pen as you can with the drill bit in the mining world,” and deals like this can produce “a great yield for shareholders.” Peter also says in the interview that it is CBLT’s intention, on the successful completion of the terms of the option agreement, which includes the listing of optionee PowerStone Metals Corp. on a recognized Canadian stock exchange, to declare a dividend to its shareholders of 750,000 Powerstone shares on a pro rata basis.

Peter also discusses the other properties in CBLT’s portfolio, including Shatford Lake adjacent to the prolific lithium Tanco Mine, and Big Duck Lake in the Hemlo Gold Camp with numerous gold and base metal showings.

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About CBLT Inc.

CBLT Inc. is a Canadian mineral exploration company with a proven leadership team, targeting lithium, cobalt and gold in reliable mining jurisdictions. CBLT is well-poised to deliver real value to its shareholders.

To learn more about CBLT Inc., click here

Disclaimer: CBLT Inc. is an advertorial member of InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp., (IIC), does not contain, nor does it purport to contain, a summary of all the material information concerning the “Company” being interviewed. IIC offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

Any projections given are principally intended for use as objectives and are not intended, and should not be taken, as assurances that the projected results will be obtained by the Company. The assumptions used may not prove to be accurate and a potential decline in the Company’s financial condition or results of operations may negatively impact the value of its securities. Prospective investors are urged to review the Company’s profile on Sedar.com and to carry out independent investigations in order to determine their interest in investing in the Company.

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