CBLT Announces Change of Auditors
CBLT: TSX-V
CBLT ANNOUNCES CHANGE OF AUDITORS
Burlington, ON. May 27, 2020. ("CBLT", or the "Company") announces that Wasserman Ramsay,
Chartered Accountants (the “Successor Auditor”) has been appointed as the company’s new
auditor effective May 21, 2020, replacing MNP LLP, (“MNP”, or the “Former Auditor”).
Reporting notices prepared in accordance with National Instrument 51-102 (“NI 51-102”) by the
Former Auditor, the Successor Auditor and the Company have been filed on SEDAR. There are
no disagreements or consultations (as those terms are defined in NI 51-102) in connection with the
change of auditor nor have there been any reservations or modifications in the Former Auditor’s
reports on the Company’s financial statements relating to the period during which it was auditor.
No “reportable event” as defined in NI 51-102, has occurred in connection with the audits of the
two most recently completed fiscal years of the Company, nor any period from the most recently
completed fiscal years of the Company for which MNP LLP issued an audit report and the date of
the Notice. The termination of MNP LLP, and appointment of Wasserman Ramsay, Chartered
Accountants, as auditor of the Company was considered and approved by the Board of Directors
of the Company.
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 identified by words such as "believe", "expects", "will", "intends", "plans", "projects",
"anticipates", "estimates", "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.
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 new 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 factors, including but not limited
to: closing on the Transaction as described above in a timely manner; COVID-19; reliance on key personnel;
shareholder and regulatory approvals; First Nations; risks of future legal proceedings; income tax matters; availability
and terms of financing; distribution of securities; commodities pricing; effect of market interest rates on price of
securities; and, potential dilution.