Mr. Peter Clausi reports

CBLT ANNOUNCES GRANT OF OPTIONS

CBLT Inc. has received conditional approval from the TSX Venture Exchange for the issuance of 500,000 units from treasury. Each unit will consist of one common share and one common share purchase warrant with a strike price of six cents and a term of two years. The price of each unit is five cents, for gross proceeds to CBLT of $25,000. It is intended that each such share will be a flow-through share as that term is commonly used. The use of proceeds is to advance one or more of CBLT's mining exploration properties in Canada. No finders' fees were paid and no insider participated on this transaction.

We seek Safe Harbor.