CBLT Announces Additional Business Venture
CBLT ANNOUNCES ADDITIONAL BUSINESS VENTURE
(Burlington, ON. August 1 0, 2026 ) CBLT Inc. (TSXV: CBLT) (“CBLT” or the “Company”)
was directed at its last shareholder meeting to seek diversification of the Company’s growth plan
into other business areas. CBLT is pleased to announce its minor diversification into support for
the launch of a third party pioneering investor education and marketing program aimed at
demystifying investment for a broad audience (the “Program”). CBLT has no ownership interest
in the Program, and CBLT intends to continue with the exploration and development of its
portfolio of mining properties as its main business.
The Program was created by and is intended to be managed on a day -to-day basis by an
identified arm’s length third party (the “Manager”). CBLT has been advised by the Manager the
Program is intended to feature online modules that explain mining basics, geology, exploration
methods and the economics of mining, all in clear accessible language . The Program may later
expand to industries other than mining. The Program will be operated through
www.winacashprize.com where interested participants may register at no cost to review the
modules and take part in quizzes and puzzle games ru n by the Manager. Correct answers and
completed modules earn entries into reward draws managed by the Manager.
“Investor education is part of our mission and is the responsibility of everyone in the public
company industry,” said Peter M. Clausi, CEO of CB LT. “By helping the Manager open a fun
and interactive window into the mining industry, we can build a more informed audience. The
Program will present the mining industry in accessible ways, and each time someone engages
with the content, they’ll also be helping communities – the Manager has built donations into its
Program so that participation creates shared value for local communities.”
The Program is strictly an outreach and marketing effort on the part of the Manager and the
Manager does not intend to provide financial advice. CBLT’s role is limited, as agent, to having
exclusive management of the cash account through which the Manager will raise its funds and
through which the Manager will disperse funds including to charitable or not -for-profit entities.
CBLT will be compensated for this role.
The Manager has advised the Program is initially intended to include:
Quizzes and Challenges: Participants can take part in quizzes and puzzle games that
reinforce learning. Correct answers and completed module s earn entries into reward
draws managed by the Manager;
Prizes and Donations: The Program is intended to include a n element where certain
members of the public will be rewarded for doing research on reporting issuers. Providers
of correct answers based on that research will receive prizes from the Manager.
In support of the Program, CBLT announces its intention to effect a non -brokered financing of
Units in an amount of $ 50,000 (fifty thousand dollars) , the proceeds of which will be used for
working capita l. Each Unit will be priced at $0.05 ( five cents) will c omprise of one common
share and one full six cent common share purchase warrant with a 24 -month term. Closing is
subject to regulatory approval.
Customary prospectus exemptions will be relied upon, in cluding but not limited to the
“Distributions to Existing Security Holders” exemption pursuant to section 2.9 of Ontario
Securities Commission Rule 45 -501. Under that section 2.9 each person who as of the end of
business on the Record Date holds any CBLT c ommon shares is permitted to purchase from
CBLT’s treasury up to $15,000 of the Units. Management believes this to be a very democratic
means of effecting this financing. The Record Date is set for Friday, August 7, 2026.
About CBLT Inc. CBLT Inc. (TSXV: CBLT) is a Canadian mineral exploration and M&A
company with a proven leadership team. Its portfolio includes active exploration projects across
Canada, targeting critical minerals like lithium, cesium and cobalt, as well as gold and silver.
CONTACT INFORMATION
Peter M. Clausi
CEO and Director
1 416 890 1232
@ClausiPeter
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain statements that constitute forward-looking statements as they relate to CBLT and
its management. Forward-looking statements are not historical facts but represent management's current expectation
of future events, and can be identi fied by words such as "believe", "expects", "will", "intends", "plans", "projects",
"anticipates", "estimates", “should”, "continues" and similar expressions. Although management believes that the
expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will
prove to be correct or will come to pass.
By their nature, forward -looking statements include assumptions and are subject to inherent risks and uncertainties
that could cause actual future results, conditions, actions or events to differ materially from those in the forward -
looking statements. If and when forward -looking statements are set out in this ne w release, CBLT will also set out
the material risk factors or assumptions used to develop the forward -looking statements. Except as expressly
required by applicable securities laws, CBLT assumes no obligation to update or revise any forward -looking
statements. The future outcomes that relate to forward -looking statements may be influenced by many fac tors,
including but not limited to; SARS -CoV-2; reliance on key personnel; the success of the Program ; whether the
Program will require additional capital to r each its goals; shareholder and regulatory approvals; First Nations and
other local communities; jurisdictional risk; risks of future legal proceedings; income tax matters; availability and
terms of financing; distribution of securities; commodities pricin g; environmental issues; forest fires and other
natural phenomena; rising costs related to inflation; effect of market interest on price of securities; failing to identify
an economically viable mineral deposit; and, potential dilution.
CBLT’s operations c ould be significantly adversely affected by the effects of a widespread global outbreak of a
contagious disease, including the recent outbreak of illness caused by COVID -19. It is not possible to accurately
predict the impact COVID -19 will have on operatio ns and the ability of others to meet their obligations, including
uncertainties relating to the u ltimate geographic spread of the virus, the severity of the disease, the duration of the
outbreak, and the length of travel and quarantine restrictions imposed by governments of affected countries. In
addition, a significant outbreak of contagious diseases in the human population could result in a widespread health
crisis that could adversely affect the economies and financial markets of many countries, resultin g in an economic
downturn that could further affect operations and the ability to finance its operations.