Mr. Peter Clausi reports
CBLT UPDATES FINANCING
CBLT Inc., on Aug. 10, 2026, announced its intention to effect a non-brokered financing of units in an amount of $50,000, the proceeds of which will be used for working capital. Each unit will be priced at five cents, and will comprise one common share and one full six-cent common share purchase warrant with a 24-month term. Closing is subject to regulatory approval.
Management is participating in this financing. The company is relying upon exemptions from the formal valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 in completing the financing on the basis that the fair market value of such participation is less than 25 per cent of CBLT's current market capitalization.
About CBLT Inc.
CBLT is a Canadian mineral exploration and M&A (merger and acquisition) company with a proven leadership team. Its portfolio includes active exploration projects across Canada, targeting critical minerals such as lithium, cesium and cobalt, as well as gold and silver.
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