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GBLT Corp
Symbol GBLT
Shares Issued 113,328,091
Close 2021-11-18 C$ 0.165
Recent Sedar Documents

GBLT receives $3.9M (U.S.) order from German retailer

2021-11-22 11:36 ET - News Release

Dr. Thilo Senst reports

GBLT RECEIVES USD $3.9M ORDER FROM MAJOR EUROPEAN RETAIL CHAIN

GBLT Corp. has received an order for $3.9-million (U.S.) from the one of the biggest retail chains in Germany for private label batteries, delivered over the course of 2022. This marks continued expansion for the company within existing retailer accounts, and with over 10,000 stores throughout Europe, further expands GBLT's presence with consumers.

"Private label batteries continue to provide not only a strong source of revenue for GBLT, but highlight our expansion within our existing accounts to retailers," said Dr. Thilo Senst, founder and chief executive officer of GBLT. "This is yet another order from this retailer that has continued to remain a strong partner to our company for many years and we have become a trusted vendor for them. Even with the global supply chain disruptions affecting businesses globally, GBLT has remained a steadfast source of products for our clients."

About GBLT Corp.

GBLT, through its operating company GBT GmbH, designs, manufactures and supplies mobile storage, battery and personal protection equipment to some of the largest retail chains across the globe. GBT is also an official licensee for Kodak mobile storage systems and Agfaphoto mobile energy products. The company's personal protection equipment is primarily sold throughout Europe under the Dr. Senst brand, which is owned and operated by GBT GmbH.

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