CBLT Deepens Advisory Board with Brian Hester

Mr. Hester earned his B.Sc. in 1950 in Mining Geology at the Royal School of Mines, University of London, U.K., followed by his M. Sc. in 1954 in Economic Geology from the University of Toronto, Canada.

Mr. Hester has worked on mining properties around the world for over 65 years. His resume is so extensive and impressive that it is difficult to summarize for a press release. Merely since 1990 he has worked in Yemen, Burkina Faso, Ghana, Mali, and Zimbabwe, and on other short-term assignments in North and South America. For Texasgulf Inc. he spent 2 years as Manager, Exploration, Australia; two years as Manager, Exploration, Western Europe; and six years based in Denver, Colorado as Manager, Project Evaluation. He has also worked for Falconbridge Corp and its predecessor companies; for International Mine Services Ltd.; Consolidated Zinc Corp. before and after its merger with Rio Tinto; for numerous other mining companies; and, for a significant period of time, exploring in Tanzania.

In northern Ontario, Mr. Hester was the Chief Mine Geologist at the Kidd Creek base metal-silver mine, where in the mid-1960's he was in charge of pre-production drilling and assessment of a large deposit of base metals using nine diamond drills. There he logged and compiled about 300,000 feet of drill core. In the late 1950's, Mr. Hester was the mining geologist/engineer (latterly de facto assistant manager) based in Gowganda, Ontario with Siscoe Metals of Ontario Ltd, where he was in charge of engineering and geological functions at the silver mine there, the mine rescue team, and fracture pattern interpretation of vein structures.

As a hobby, Mr. Hester is studying fracture pattern ore controls in the world-famous silver camp in Cobalt, Ontario with view to exploration.

"Much data in the Cobalt Embayment is incomplete, stale or simply wrong, only as a result of the environment in which that data was historically collected," said Peter M. Clausi, CBLT's CEO. "Mr. Hester is a living database of work done in that camp and is an invaluable resource for the shareholders to draw upon. We are tremendously fortunate to have him as an Advisor."

With respect to work being done on CBLT's properties in the Cobalt Embayment, and further to CBLT's news release of August 24, 2017, Staff of the Ontario Geological Survey's Regional Resident Geologist Office in Kirkland Lake have been undertaking a geological assessment of Otto Township and the Otto Stock as part of their summer fieldwork program. The area of work includes but is not restricted to assets held by CBLT. Geological activities undertaken by Staff are restricted to field reconnaissance, geological mapping and rock sampling, with the intent of expanding public geoscience knowledge. Data generated from activities on CBLT's assets will be shared with it prior to being made public.

CBLT will have Mr. Hester review as much of this data as is possible.

Forward Looking Statements

This news release contains certain statements that constitute forward-looking statements as they relate to the Company 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, the Company 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, the Company 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: reliance on key personnel; risks of future legal proceedings; income tax matters; availability and terms of financing; distribution of securities; effect of market interest rates on price of securities, and potential dilution.

About CBLT Inc.

CBLT Inc. is a Canadian mineral exploration company with a proven leadership team, looking to build an ethical supply chain for cobalt in reliable mining jurisdictions. CBLT is well-poised to deliver real value to its shareholders.

On Behalf of the Board of Directors
CBLT INC.

"Peter M. Clausi"

Peter M. Clausi
CEO and Director

For Further Information:
Peter M. Clausi
pclausi@cbltinc.com
+1 416-890-1232

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