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Peter Clausi on CBLT’s M&A strategy and portfolio of critical minerals and gold assets in Canada

In a recent InvestorNews interview with host Tracy Weslosky, CBLT Inc.’s (TSXV: CBLT) CEO, President, and Director Peter Clausi provides insights into CBLT’s multifaceted approach and commitment to strategic mergers and acquisitions (M&A), and value creation in the exploration industry.

Peter discussed how CBLT is focused on acquiring undervalued assets and strategically positioning them for growth. This involves acquiring assets that have temporarily fallen out of favor, improving or waiting for them to regain value, and then selling or partnering with other companies to take them to the next level.

CBLT’s extensive portfolio comprises over a dozen projects and deals, each chosen for specific reasons. One project of particular interest was Falcon Gold Mine, a former producer with impressive historical gold grades. Peter discussed that CBLT’s acquisition of this property was strategic, as it united three neighboring properties with the Garson Fault running through all of them.

Peter mentioned some noteworthy successes and highlighted projects like the Chilton Cobalt Property in Quebec and the Big Duck Lake Project at Hemlo West Camp in Ontario, both brimming with potential. Their involvement in the River-Cat Lake pegmatite field in Manitoba, adjacent to Canada’s only currently producing lithium mine, also promises exciting prospects.

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About CBLT Inc.

CBLT Inc. (TSXV: CBLT) is a Canadian mineral exploration company with a proven leadership team, targeting lithium, cobalt, and copper in reliable mining jurisdictions.

To learn more about CBLT Inc., click here

Disclaimer: CBLT Inc. is an advertorial member of InvestorNews Inc.

This interview, which was produced by InvestorNews Inc. (“InvestorNews”), does not contain, nor does it purport to contain, a summary of all material information concerning the Company, including important disclosure and risk factors associated with the Company, its business and an investment in its securities. InvestorNews offers no representations or warranties that any of the information contained in this interview is accurate or complete.

This interview and any transcriptions or reproductions thereof (collectively, this “presentation”) does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to subscribe for or purchase any securities in the Company. The information in this presentation is provided for informational purposes only and may be subject to updating, completion or revision, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any information herein. 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. This presentation should not be considered as the giving of investment advice by the Company or any of its directors, officers, agents, employees or advisors. Each person to whom this presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. Prospective investors are urged to review the Company’s profile on SedarPlus.ca and to carry out independent investigations in order to determine their interest in investing in the Company.




CBLT is Cobalt and so much more…

Don’t let the name fool you, CBLT Inc. (TSXV: CBLT) has more going on than just Cobalt. The Company started as a natural resource issuer targeting Cobalt in ethical, traceable mining jurisdictions, primarily Canada. You’ve read time and again on the InvestorIntel website about the importance of battery metals and critical materials so there is no need to pound that table further on why Cobalt is important.

However, CBLT has started to evolve into different areas of exploration. When opportunity knocks, you have to at least have a look. Correspondingly, the team at CBLT recently added another critical material – Lithium, to its prospective property portfolio. The Company purchased the Shatford Lake property in the Winnipeg River-Cat Lake pegmatite field in eastern Manitoba near the Ontario border. Shatford Lake is located 5 kilometres southwest of the Tanco Mine. Tanco is an LCT-type (lithium-cesium-tantalum) pegmatite, producing cesium and tantalum with the largest tantalum reserves in Canada estimated at 2.1 million tonnes of ore grading 0.22% tantalum. The mine also has additional reserves amounting to 7.3 million tonnes of ore grading 2.76% lithium. CBLT intends to be in the field as soon as reasonably possible and likely by the end of May to begin field work at Shatford Lake including taking surface samples to test for relevant minerals.

Additionally, the Company announced plans to potentially drill the Big Duck Lake Gold Property in Hemlo West, Ontario this summer. A 100% interest in this property was acquired in March, 2019 along with three other assets including the Northshore Gold property joint venture, which was subsequently sold to Omni Commerce Corp. (now Ready Set Gold Corp. (CSE: RDY)). CBLT was paid $350,000 in cash and 1,833,333 common shares of RDY (approximately 6.1%), the latter of which still sits on CBLT’s books with a current estimated value of $385,000 based on yesterday’s close. This is a great example of how the company is being dynamic with its assets.

All of this is on top of their Chilton Cobalt property in the Grenville Subprovince of the Laurentian region of Quebec, at which the Company may undertake a maiden drill program this summer.  In 2017 CBLT carried out a VLF survey and extensive soil sampling to define two large nickel-copper-cobalt-chromium areas. CBLT followed that up with a mag survey in 2018, which outlined disruptions in the magnetic signature that correspond to east-trending VLF electromagnetic anomalies delineated in 2017.

In March, 2021 CBLT closed a flowthrough financing which raised $232, 830 to go along with the 1.83 million RDY shares in the corporate treasury. Peter Clausi, CEO stated “We are well funded to carry out our geologic goals for the foreseeable future. We know what we want to achieve at lithium-prospective Shatford Lake by the end of 2021 and the cost to achieve those goals.” Additionally, the company plans to spend roughly $100,000 to complete a drill program at either Big Duck Lake or the Chilton Cobalt property. Then there is always the M&A component, as Mr. Clausi has noted in the past – “You can make more money with a pen than a drill.” With 78.5 million shares outstanding that leaves this $4.7 million market cap company (based on yesterday’s close) with a lot of blue sky potential.