CBLT Announces Grant of Options
CBLT ANNOUNCES GRANT OF OPTIONS
(Burlington, ON. November 30, 2021) CBLT Inc. (CBLT: TSX -V) (“CBLT”) announces the
grant of 2,300,000 options pursuant to its option plan. The options are exercisab le at five and a
half cents ($0.055) for a term of five years, vesting immediately.
CONTACT INFORMATION
Peter M. Clausi
CEO and Director
1 416 890 1232
@ClausiPeter
Neither TSX Venture Exchange nor its Regulation Services Provider (as that ter m is defined in the policies of t he
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 su ch as "believe", "expects", "will", "intends", "plans", "projects",
"anticipates", "estimates", “should”, "continues" and similar e xpressions. 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 actua l future results, conditions, act ions or events to differ materially from those in the forw ard-
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 ass umptions used to deve lop the forward- looking st atements. Ex cept a s ex pressly
required by applicable secur ities laws, CBLT a ssumes no ob ligation to u pdate or re vise an y forward- looking
statements. The future outcomes that relate to f orward-looking statement s may be influ enced b y many factors,
including but not limi ted to; SARS-CoV-2; reliance o n key personnel; the perfor mance of the Ciscom Corp.
leadership team; shareholder and regulatory approvals; First Nations and other local communities; jurisdictional
risk; risks of future legal proceedings; income tax ma tters; availability and terms of fin ancing; dis tribution of
securities; commodities pricing; environmental issues; forest fires and other natural phenomena; rising costs related
to inflation; effect of market int erest on price of securities; failing to ident ify an economically viable mineral
deposit; and, potential dilution.
CBLT’s operations could be significantly adversely affected by t he effects of a wid espread global outbreak of a
contagious disease, including the recent ou tbreak of illness caused by COVID -19. It i s not possible to accura tely
predict the impact COVID-19 will have on operations and the ability of others to meet their obligations, including
uncertainties relating to th e ultimate geographic spread of the virus, the severity of the disease, the duration of the
outbreak, and th e length of travel and quarantine restrictions imposed by governments of a ffected countries. In
addition, a significant outbreak of contagious diseases in the human population could result i n a widespread health
crisis that could ad versely affect the econo mies and financial markets of many count ries, resulting in an economic
downturn that could further affect operations and the ability to finance its operations.