CBLT Dividend of Ciscom Shares
CBLT Dividend of Ciscom Shares
Burlington, Ontario--(Newsfile Corp. - June 16, 2023) - At the request of its regulatory body, CBLT Inc.
(TSXV: CBLT) ("CBLT" or "the Company") is re-setting the declaration, record and payment dates for
the dividend of its securities in investee Ciscom Corp. ("Ciscom").
The declaration date is June 16, 2023. The record date shall be June 23, 2023 after market close. The
payment date shall be June 28, 2023.
For every CBLT share held, each CBLT shareholder will receive 0.011815 Ciscom share, which means
for every 84.64119222 CBLT shares held, each CBLT shareholder will receive one Ciscom share.
Fractional dividends will not be paid.
As per Ciscom's prospectus, a copy of which can be found at Ciscom's SEDAR page, Ciscom's
unaudited total revenue for the three-month period ended March 31, 2023 was $7,253,560 (page 371 of
the prospectus).
Ciscom has two subsidiaries. Quoting from the prospectus, the subsidiaries, "…are technology driven
direct marketing organizations that have developed unique proprietary software applications which
enables the processing of big data very efficiently."
CBLT also advises it paid total cash compensation of $30,000 for the acquisition of the Falcon Gold
property, previously announced June 5, 2023. No securities were issued, no insiders were involved, and
no finders fees were paid in relation to that transaction.
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", "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 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; SARS-CoV-
2; reliance on key personnel; the performance 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 matters; availability and terms of financing; distribution of securities;
commodities pricing; 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 could 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 operations and the ability of others to
meet their obligations, including uncertainties relating to the ultimate 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, resulting in an economic downturn that could
further affect operations and the ability to finance its operations.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/170358