09:26:03 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



CBLT Inc
Symbol CBLT
Shares Issued 76,177,073
Close 2023-06-16 C$ 0.03
Market Cap C$ 2,285,312
Recent Sedar Documents

CBLT to pay dividend of Ciscom shares June 28

2023-06-16 15:56 ET - News Release

Mr. Peter Clausi reports

CBLT DIVIDEND OF CISCOM SHARES

At the request of its regulatory body, CBLT Inc. is resetting the declaration, record and payment dates for the dividend of its securities in investee Ciscom Corp.

The declaration date is June 16, 2023. The record date shall be June 23, 2023, after market close. The payment date shall be June 28, 2023.

For every CBLT share held, each CBLT shareholder will receive 0.011815 Ciscom share, which means for every 84.64119222 CBLT shares held, each CBLT shareholder will receive one Ciscom share. Fractional dividends will not be paid.

As per Ciscom's prospectus, a copy of which can be found at Ciscom's SEDAR page, Ciscom's unaudited total revenue for the three-month period ended March 31, 2023, was $7,253,560 (page 371 of the prospectus).

Ciscom has two subsidiaries. Quoting from the prospectus, the subsidiaries "... are technology driven direct marketing organizations that have developed unique proprietary software applications which enables the processing of big data very efficiently."

CBLT also advises it paid total cash compensation of $30,000 for the acquisition of the Falcon Gold property, previously announced June 5, 2023. No securities were issued, no insiders were involved and no finder's fees were paid in relation to that transaction.

We seek Safe Harbor.

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