CBLT Inc (CBLT)

CBLT Purchases Another Gold and Cobalt Asset in Sudbury

Burlington, Ontario--(Newsfile Corp. - December 18, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT") is increasing shareholder value by leveraging its existing assets and acquiring new ones at shareholder-friendly pricing.

Cobalt is a key ingredient in the cathode of rapid charge / discharge lithium-ion batteries, without which electrification of the motor vehicle industry cannot take place. Cobalt is in a global deficit position and in CBLT's view requires a Canadian ethical supply chain to alleviate the human suffering underway in the Congo.

This global deficit is reflected in the London Metal Exchange price for cobalt, which has been driven from a low of USD$21,750 per tonne in February, 2016 to a recent high of USD$75,000 per tonne. The continuing upward movements in cobalt pricing has brought attention to Canadian cobalt assets from foreign companies.

CBLT recently brought an Australian partner into the historic silver-cobalt Gowganda Camp. CBLT announced an agreement on Dec 6/17 with Winmar Resources Limited (symbol WFE on Australian Stock Exchange) pursuant to which CBLT will sell its Bloom Lake Property and option two others in the Gowganda Camp to Winmar. The option imposes minimum-spend exploration requirements on Winmar at each of the optioned properties. CBLT has received the deposit required from Winmar under that agreement, and closing is expected in early January, 2018. CBLT will continue to own its other assets in the Gowganda Camp. A finder's fee equal to 40,000 shares will be paid to an arm's length party on closing.

Management has received offers from interested third parties concerning the sale, option, or joint venture of some of CBLT's other Canadian assets. Negotiations are underway, the details of which will be disclosed at the appropriate time.

Today CBLT announces it has entered into a binding letter of intent (the "Agreement") with an arm's length prospector (the "Vendor") to purchase two claims (the "MacTrack Claims") near Sudbury, Ontario.

The MacTrack Claims are northeast of CBLT's existing Falconbridge Township flagship gold and cobalt property, and are in management's opinion highly prospective for cobalt and gold. They total 29 units covering roughly 1300 acres, and appear to management to be underlain by Nipissing Gabbro in contact with sediments of the Gowganda Formation. Historically, gold and cobalt values have been encountered by third parties on the sediment-gabbro contact on the MacTrack Claims. Further, one of CBLT's directors has first-hand knowledge of these claims as he previously carried out exploration activities for a third party at MacTrack.

Historic results, which were conducted by third parties and cannot be relied upon until CBLT carries out further exploration, technical due diligence and data compilation, include:

~ a 50 foot shaft sunk in 1923 which yielded results of 5 to 6 ounces of gold per tonne
~ a grab sample from 1999 of 3.8 grams of gold/t and 0.1% cobalt; and
~ a September, 2017 grab sample which assayed 85.6 grams of gold/t and 0.11% cobalt

The purchase price to be paid on the closing subject to regulatory approval for the MacTrack Claims is $10,000 cash and $15,000 in CBLT common shares to be issued at eight ($0.08) cents per share. CBLT will also grant the Vendor a 2% NSR, one-half of which can be repurchased at CBLT's option at any time for $1,000,000. Closing will take place following the satisfactory completion of legal and technical due diligence. No finder's fee is payable on this transaction.

"The Sudbury mining area is world famous for rich poly-metallic assets," said Peter M. Clausi, CBLT's CEO. "The CBLT business plan is based on the efficient acquisition of such assets, proving up value in those assets, and realizing that increased value with third party partners. The world needs Canada's cobalt."

CBLT also announces that results are pending at two of its other Ontario properties from recent work carried out by the Government of Ontario. In particular, results are expected shortly from samples taken at Otto Township and at CBLT's flagship gold and cobalt asset in Sudbury. CBLT will disclose these results as they are made available to it.

Finally, CBLT has closed the previously announced financing consisting of $35,000 (thirty-five thousand dollars), at eight cents per unit with each unit consisting of one share and one 18-month 10-cent warrant. A finder's fee of 5% was paid in respect of this financing.
CBLT is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. CBLT continues to be a project generator and an efficient steward of its shareholders' capital.

CBLT Brings Australian Partner to Gowganda

Burlington, Ontario--(Newsfile Corp. - December 6, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT") announces that it has entered into a binding agreement (the "Agreement") with Winmar Resources Ltd. (Winmar) to advance three claims (the "Claims") now owned by CBLT in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario.

Winmar is an Australian mining company listed on the Australian Stock Exchange under the symbol "WFE", led by what CBLT believes to be a quality management team.

The Claims are located peripheral to a cluster of former silver-cobalt mines at Gowganda, 85 kilometres northwest of the town of Cobalt, which mines operated from 1910 to 1989. Production from this region to the end of 1969 was 60.1 million ounces of silver and 1.4 million pounds of cobalt.

Cobalt is an mandatory ingredient in the cathode of lithium-ion batteries, without which electrification of the motor vehicle industry cannot take place. Cobalt is in a global deficit position and in CBLT's view requires a Canadian ethical supply chain to alleviate the human suffering underway in the Congo.

Under the Agreement:

Winmar must immediately deliver a refundable deposit of AUD $15,000 to CBLT which deposit becomes non-refundable on the completion of Winmar's due diligence review and will then be credited against the purchase price on closing of the Bloom Lake sale, as per point 2 below;

Winmar will purchase the Bloom Lake claim block for consideration of AUD $50,000 cash (less the deposit) plus AUD $50,000 in Winmar common shares issued to CBLT at a price of AUD $0.003. Closing is expected to take place in early January, 2018;

Winmar will make an immediate payment to CLBT of AUD $20,000 cash, for which Winmar acquires a twelve-month option to purchase either or both the United Reef claim block and the Calcite Lake claim block (each an "Option" and together the "Options");

Winmar can exercise an Option to purchase either or both of the United Reef and Calcite Lake claim blocks by paying to CBLT AUD $50,000 cash per claim block and AUD $50,000 in common shares per claim block, to be issued to CBLT at a share price equal to Winmar's closing share price on the Australian Stock Exchange on the day the Option or Options are exercised, provided that the issue price of such Winmar common shares will not be any lower than AUD $0.003 per share.

Each Option vests upon the completion of at least CAD $50,000 of exploration activity on each claim block during the term of the Option; and

the Options immediately lapse if trading in Winmar's shares is halted for seven consecutive trading days.

Winmar has advised CBLT that it intends to complete an initial ground reconnaissance of the Bloom Lake claim block during December, 2017 using a local independent geologist. CBLT intends to provide whatever reasonable co-operation it can to Winmar to accelerate the exploration of the Claims. CBLT has undertaken to manage, under Winmar's direction, the field programmes on the Claims at cost plus a 10% management fee payable to CBLT.

"We have been approached by several companies looking to partner into our Gowganda assets," said Peter M. Clausi, CBLT's CEO. "We have a high degree of confidence that the Winmar team is the right team to advance these three assets. The world needs Canada's cobalt."

Following closing, CBLT will continue to hold interests in the Gowganda area through its 100% ownership of Corkill / Lawson and Farr.

CBLT is carrying out surface work at its main gold /cobalt asset in Sudbury, Ontario, with a view to carrying out a drill program in 2018. The drone aerial survey contemplated for this year at Chilton Cobalt in Quebec cannot be flown until the local weather is more suitable.

CBLT is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. CBLT continues to be a project generator and an efficient steward of its shareholders' capital.

CBLT Provides Update on Field Work

Burlington, Ontario--(Newsfile Corp. - November 8, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT") provides an update on operations in Ontario and Quebec.

CBLT continues to focus its resources on its cobalt assets in Ontario and Quebec. Cobalt globally is in high demand to be used in lithium-ion batteries, with limited new supply due to come on-stream. Management believes the opportunity to benefit from this imbalance will continue for several years, and as a result is positioning CLBT to be a global leader in creating an ethical supply chain for cobalt in Canada.

Overall, labs in Ontario and Quebec appear to be suffering from a backlog related to another company's large drill program, which has caused the delivery of CBLT's lab results to be delayed. CBLT requires those data in order to finalize plans for the next phase of work.

In the interim CBLT is carrying out surface work at its Copper Prince gold /cobalt asset in Sudbury, Ontario, with a view to carrying out a drill program in 2018. CBLT is also planning to fly an aerial survey using a drone at Chilton Cobalt in Quebec. The data from that survey will be interpreted in real-time, allowing for the Company to respond quickly to investigate identified anomalies.

CBLT received a Junior Exploration Assistance Program grant in 2017 related to its Sudbury field work. Last week, the Ontario Prospectors Association, the Northern Ontario Heritage Fund Corporation and the Ministry of Northern Development and Mines announced the extension of JEAP as part of the province's Mineral Development Strategy. CBLT intends to apply for a further grant as part of its Ontario exploration strategy.

CBLT is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. CBLT continues to be an efficient steward of its shareholders' capital.

CBLT Investment Becomes Liquid

Burlington, Ontario--(Newsfile Corp. - October 23, 2017) - CBLT Inc. ("CBLT") (TSXV: CBLT) announces a significant potential gain on a legacy investment and reminds shareholders of their own personal potential gains in that same investment.

By way of background, CBLT today owns 658,334 common shares in Tempus Capital Inc. ("Tempus"), a reporting issuer that owns income producing real estate in Southwestern Ontario. Tempus' financial statements, shareholder materials and other disclosure documents can be found at www.sedar.com.

On July 22, 2015, CBLT (then known as Green Swan Capital Corp.) declared a dividend, which was distributed to the CBLT shareholders on August 5, 2015. Each CBLT shareholder was dividended one Tempus share for every twenty CBLT shares held, at a deemed price of eight point five cents ($0.085) per share, and CBLT retained 658,334 Tempus shares for its own account.

Tempus has continued to carry on business in Ontario real estate since then.

On October 17, 2017 Tempus advised it intended to, "…apply immediately to list its common shares on the Canadian Securities Exchange."

"Tempus listing its shares means that CBLT is effectively carrying out an accretive innovative financing for hard dollars," said Peter M. Clausi, CBLT's CEO. "The shareholders who received Tempus shares as a dividend also have the chance to realize their own gains on Tempus' listing. This is a big win for our patient shareholders."

CBLT's adjusted cost base for its Tempus shares for tax purposes is roughly $0.075 cents per share. Under IFRS CBLT's carrying value for those same shares was adjusted upward to $0.125 cents per share during fiscal 2017 to reflect increased value based on industry comparables. Please refer to CBLT's balance sheet and notes for further information.

CBLT's management believes the carrying value of $0.125 cents accurately reflects the present value of Tempus shares, and will be looking to liquidate its shares at a gain as soon as reasonably possible assuming Tempus is successful in listing its shares.

Shareholders are encouraged to consult their own professional advisors for securities, tax and legal advice on this matter.

CBLTis a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. CBLT continues to be an efficient steward of its shareholders' capital.

Looks like we have some very promising targets on our properties.

Looking forward to next steps. Maybe that $10 target isnt so crazy afterall.

GLTA & JMO

CBLT Reports on Successful Program at Chilton Cobalt

Burlington, Ontario--(Newsfile Corp. - September 18, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT) is pleased to report on the success of its spring work program (the "Program") at its 100%-owned Chilton Cobalt property, located 40 kilometers east of Saint-Jovite, Quebec. Multiple follow-up cobalt targets have been identified.

The Program included the collection of 51 rock grab samples as well as completion of a 649-sample soil geochemistry grid and a 27 line-kilometer VLF-EM survey. The collective data identify two linear Co-Ni-Cu anomalies that are coincident with strong VLF-EM conductors, both of which are centered over the historical showings as shown in the map below.

Zone A is outlined by a 1,000 by 250 metre north-trending cobalt-chromium-copper-nickel soil anomaly. Several other conductors worthy of follow-up work are also identified as crossing Zone A. Zone B is outlined by a 750 by 250 metre east-trending cobalt-chromium-copper-nickel soil anomaly, with the historical Lac Sicotte showing at the south end of this zone. A strong VLF-EM conductor passes through this zone.

In addition to Zones A and B, five additional sites at Chilton exhibit anomalous cobalt, copper, chromium and nickel in outcrop rock grab samples. Several of these are located on or near VLF-EM conductors and management considers them high-priority targets.

"This was a high-value work program for CBLT, resulting in multiple targets for the next round of exploration," said CBLT's CEO, Peter M. Clausi. "The platform for exploration success is cost-effective, patient, intelligent groundwork. Breakaway's report provides CBLT with a springboard for the next phase of exploration at Chilton, for which CBLT is already funded."

Sample Collection and Analysis

A total of 649 soil samples including field duplicates were collected with soil augers on pre-defined lines oriented N090° and spaced 100m apart with 50m sample intervals. Samples were delivered to ALS Activation Laboratories Ltd. (Val d'Or, QC) for analysis. ALS is accredited under ISO 9001. Samples were prepared under ALS protocol SCR-41, analyzed for 35 elements by partial Aqua-Regia acid digestion followed by ICP-AES (ALS protocol ME-ICP41).

A total of 51 rock grab samples were collected over a period of eight days. Samples were prepared according to ALS protocol Prep-31 and analyzed for 33 elements by four acid digestion followed by ICP-AES according to ALS code ME-ICP61.

The VLF-EM survey was completed on predetermined GPS traverse lines each 3.0km long, spaced 100m apart and oriented at N000° for a total surveyed length of 27.0 line-kilometers. Sample stations were spaced every 25m for a total of 1088 data points.

Compilation map of the Chilton Project with zones A and B delineated by geophysics and soil cobalt values.

image: http://orders.newsfilecorp.com/files/4750/29063_a1505501776899_15resize.jpg

image: http://orders.newsfilecorp.com/files/4750/29063_a1505501776899_15resize.jpg



To view an enhanced version, please visit:


The Program was managed by Mr. Mark Fekete, P.Geo. (Quebec) of Breakaway Exploration Management Inc. (Val d'Or, QC), who also is the author of the Report. The technical contents of this news release have been reviewed and approved by Dr. Tom E. McCandless, P.Geo., a director of CBLT and Qualified Person under National Instrument NI 43-101.

CBLT Deepens Advisory Board with Brian Hester

Burlington, Ontario--(Newsfile Corp. - September 12, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT") is thrilled to advise it has deepened its Advisory Board with the addition of Mr. 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.

CBLT Receives Financial and Field Support from Ontario

Burlington, Ontario--(Newsfile Corp. - August 24, 2017) - CBLT Inc. (TSXV: CBLT) ("CBLT) is pleased to report on the ongoing contributions it is receiving from the Ontario government in its exploration activities.

First, CBLT has received funding on its previously approved grant under the Junior Explorer Assistance Program ("JEAP").

JEAP is managed by the Ontario Prospector Association and funded by the Northern Ontario Heritage Fund Corporation ("NOHFC") (http://nohfc.ca/en). Through this and other programs, NOHFC has helped thousands of mining and non-mining projects grow in the North. JEAP targetted deserving junior exploration companies who could augment the Northern Ontario economy.

The JEAP grant was directed towards exploration at CBLT's main Sudbury cobalt/gold property in 2016. The results of that program included strong diamond drill assay results announced in December, 2016 and January, 2017, showing continuity of gold and cobalt throughout the vein system tested (press releases of Dec 14/16 and Jan 11/17). CBLT is following up that work with a summer, 2017 program that is now underway.

Second, the province of Ontario is supporting CBLT through the office of the Kirkland Lake District Geologist, who is carrying out exploration activities at its own expense at CBLT's Otto Lake asset (http://cbltinc.com/otto-lake.html). CBLT is not directing this activity but does have some input as to its methodology. The DG office has advised that such work will include 'boots and hammers' prospecting, road access, line cutting, sampling, a geophysic survey of a nature to be determined, and mapping. All results will be provided to CBLT for its own use throughout the fall of 2017.

"The JEAP grant and the work by the District Geologist are only two examples of the ongoing support from the Ontario government to Canada's mining industry," said Peter M. Clausi, CBLT's CEO. "Absent a compelling new opportunity, we intend to continue to concentrate our efforts in this supportive jurisdiction, to help build an ethical supply chain for cobalt. The recent announcement concerning funding for the Ring of Fire only buttresses our confidence in Ontario as one of the world's premier mining jurisdictions."

Green Swan Capital/CBLT to present at InvestorIntel’s 6th Annual Cleantech & Technology Metals

MAY 14, 2017

Green Swan Capital Corp. (TSXV: GSW)/CBLT Inc. (TSXV: CBLT), cobalt explorer and project generator in the midst of a name and symbol change (to “CBLT” to reflect the focus on cobalt), is pleased to announce that the company will be presenting at InvestorIntel’s 6th Annual Cleantech & Technology Metals Summit (CTMS2017.com | @CTMS2017). Featuring some of the most impressive market movers in the cleantech and technology metals sector, #CTMS2017 is scheduled for Monday, May 15th and Tuesday, May 16th at the Omni King Edward Hotel in Toronto, Canada located at 37 King St. East.

Peter Clausi, President, CEO and Director of Green Swan Capital Corp./CBLT Inc. will be presenting on Monday, May 15th from 11:10 – 11:25 AM (EST). Presenting Cobalt Prices: Not ‘If’, but ‘How High’”. Peter states: “It’s accepted wisdom that limited supply plus skyrocketing demand equals cobalt price increases. What’s unknown is how that price will run and what factors will drive it.”

Green Swan Provides Gowganda Update

Burlington, Ontario--(Newsfile Corp. - May 12, 2017) - On March 28, 2017 Green Swan Capital Corp. (TSXV: GSW) ("Green Swan") announced it had entered into an agreement to acquire 2,800 hectares in four large unpatented claim blocks located in the Gowganda region of north-eastern Ontario (the "Gowganda Claims"). Gowganda is located 85 km northwest of the town of Cobalt and its world famous silver-cobalt camp, and roughly 120 km north of Green Swan's other assets in Sudbury, Ontario.

As part of the one million dollar non-brokered financing announced April 17, 2017, Green Swan and the arm's length vendor of the Gowganda Claims have amended their agreement to provide that the purchase price would be a total of $67,650 in cash and 562,500 units issued at a deemed price of eight cents per unit, with each unit consisting of one common share and one common share purchase warrant exercisable at $0.10 for a period of eighteen months from the date of issue. The 562,500 units would be subject to a hold period of at least four months and a day. In addition, Green Swan will grant to the vendor a Net Smelter Returns Royalty of 2%, with half of such NSR re-purchasable at any time at Green Swan's option for $1,000,000.

Green Swan's shareholders recently passed a resolution to change the Company's name to "CBLT Inc." to demonstrate the focus on cobalt exploration and development. trading symbol "CBLT" has been reserved pending the formal name change. Regulatory approval will be required for the corporate name change and the symbol change.

Green Swan continues to build its impressive portfolio of assets in mining-friendly jurisdictions, including its main Sudbury gold/cobalt asset, Dryden Cobalt, Otto Lake, Chilton Cobalt (Quebec), Geneva Lake, Ryliejack and Mikayla.

Surface Exploration Begun at Chilton Cobalt

Burlington, Ontario--(Newsfile Corp. - May 9, 2017) - The shareholders of Green Swan Capital Corp. (TSXV: GSW) (the "Company" or "Green Swan") recently passed a resolution to change the Company's name to "CBLT Inc." to demonstrate the Company's focus on cobalt exploration and development. The Company has reserved the trading symbol "CBLT" pending the formal name change. Regulatory approval will be required for the corporate name change and the symbol change.

Further to the name change, the Company announces that it has begun surface exploration at its 100%-owned Chilton Cobalt property in the Laurentian Region of Quebec. Geological mapping, rock/soil sampling, and geophysics will be implemented, with the goal of this program to provide targets for future trenching and/or drilling.

Chilton Cobalt consists of nine claims totaling 497 hectares (almost five square kilometers). Historic work by third parties on Chilton Cobalt identified four distinct cobalt-copper-nickel showings. Grab samples from one of the showings returned values up to 2,500 parts per million (ppm) cobalt, 3,300 ppm copper and 12,300 ppm nickel. The Company did not perform that work and cannot verify the accuracy or thoroughness of historic work. (see the Company's news release of February 28, 2017).

The one million dollar non-brokered financing announced April 17, 2017 includes Quebec flow-through funding, which will be used to finance this phase of exploration on Chilton.

The technical contents of this release were approved by Dr. Tom E. McCandless, P.Geo., an independent director for the Company and a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report and Dr. McCandless has not verified the technical data disclosed in this release.

Green Swan continues to build its impressive portfolio of assets in mining-friendly jurisdictions, including its main Sudbury gold/cobalt asset, Dryden Cobalt, Otto Lake, Chilton Cobalt (Quebec), Geneva Lake, Ryliejack and Mikayla.

Shareholders Approve Name Change to CBLT Inc.

Burlington, Ontario--(Newsfile Corp. - April 24, 2017) - The shareholders of Green Swan Capital Corp. (TSXV: GSW) (the "Company" or "Green Swan") today approved all items put forward at the Annual and Special Shareholder Meeting, including the re-election of all directors and an approval to change the Company's name to "CBLT Inc."

The Company believes the world entered a cobalt-deficit position in 2016, due to a combination of falling production and increased demand for cobalt in power storage devices like batteries and the Powerwall, and that this deficit will continue for a number of years. This deficit is reflected on the London Metal Exchange where the price of cobalt is up over 250% since February, 2016.

War-torn Congo cannot be a reliable provider of ethical and transparent cobalt, which means electric battery manufacturers must look to other jurisdictions for their cobalt. The Company began an aggressive move as an early leader in this field, and as a result has created a strong portfolio of mining assets in reliable jurisdictions, to date focusing on Canada.

Changing the name to CLBT Inc. better demonstrates the Company's emphasis on cobalt exploration and development. The Company has reserved the trading symbol "CBLT" pending the formal name change. Regulatory approval will be required for the corporate name change and the symbol change. New social media platforms under the new name will be implemented as soon as possible.

Said CEO Peter M. Clausi, "This vote is a resounding endorsement of the board's early strategic decision to move into cobalt where a transparent supply chain can be managed. With the shareholders' confidence, in 2017 we intend to imminently close the previously-announced $1 million non-brokered financing; to carry out field work in Sudbury, Gowganda and Quebec, and, to continue with our M&A activity to create value with our pen as well as addition to the drill bit."

Green Swan continues to build its impressive portfolio of assets in mining-friendly jurisdictions, including its main Sudbury gold/cobalt asset, Dryden Cobalt, Otto Lake, Chilton Cobalt (Quebec), Geneva Lake, Ryliejack and Mikayla.

Green Swan Provides Details on Non-brokered Financing and Debt Conversion

Burlington, Ontario--(Newsfile Corp. - April 17, 2017) - Due to investor demand and with the increasing public awareness of the global shortage of cobalt, Green Swan Capital Corp. (TSXV: GSW) (the "Company" or "Green Swan") announces a non-brokered financing (the "Offering") which will consist of:

(a) up to $500,000 in Common Share Units, each priced at $0.08 (eight cents), with each Common Share Unit consisting of one common share and one common share purchase warrant. Each common share purchase warrant shall be exercisable for an 18-month period at $0.10 (ten cents); and

(b) up to $500,000 in Flow-through Units, each priced at $0.10 (ten cents), with each Flow-through Unit consisting of one common share issued on a flow-through basis (the "Flow-through Share") and one common share purchase warrant exercisable for an 18-month period at $0.12 (twelve cents).

Proceeds from the sale of the Flow-Through Units will be used for "Canadian Exploration Expenses" which qualify as "Flow-Through Mining Expenditures" for the purposes of the Income Tax Act (Canada) and the Company will renounce such expenses with an effective date no later than December 31, 2017.

Proceeds from the Offering generally will be used for community engagement, exploration, data compilation, drilling, all with a focus on cobalt, and for general purposes and administration costs.

Where applicable, a finder's fee may be paid of 7% cash and 7% in broker warrants, with such broker warrants having the same characteristics as the underlying securities for which they have been issued.

The Offering will take place by way of a private placement to qualified investors in those jurisdictions where the Offering can lawfully be made. The securities to be issued under the Offering will be subject to a minimum regulatory four month and one day hold period, from the closing. Closing is anticipated to take place on the obtaining of regulatory approval.

In addition to the Offering, three arm's length creditors of the Company holding $28,000.00 (twenty-eight thousand dollars) of debt in the aggregate have each agreed to convert their respective debts into Common Share Units, which would result in the issuance of a total of 350,000 Common Share Units (the "Debt Conversion").

The previously disclosed brokered financing agreement with Industrial Alliance Securities Inc. has been terminated.

The price of cobalt as traded on the London Metal Exchange is up over 250% since February, 2016. Shareholders are reminded to vote and/or attend the April 24, 2017 shareholder meeting, at which time among other things the shareholders will be asked to approve a corporate name change to "CBLT Inc." The Company has reserved the trading symbol "CBLT". The Company believes this name and symbol better reflect its focus on exploring and developing cobalt assets in responsible mining jurisdictions. Shareholders can download the circular and other meetings materials from www.sedar.com.

Regulatory approval will be required for the corporate name change, the symbol change, the Offering and the Debt Conversion.

Green Swan continues to build its impressive portfolio of assets in mining-friendly jurisdictions, including its main Sudbury gold/cobalt asset, Dryden Cobalt, Otto Lake, Chilton Cobalt, Geneva Lake, Ryliejack and Mikayla.

Interview with Green Swan Capital CEO

An interview with Peter M. Clausi, President & CEO of Green Swan Capital.

The interviewer is German-speaking so the intro and outro are in German; the interview itself was conducted in English.

Link:

CBLT signals an exciting new cobalt sign for Green Swan

LARA SMITH | MARCH 31, 2017

Cobalt is indisputably one of the commodities of the future. It is widely used in Smartphone technology and other Smart devices, and therefore has a firm place within the cadre of important metals in modern life.When I get the opportunity to look at a cobalt player that has developing interests outside of Africa, I get excited. Green Swan Capital Corp. (TSXV: GSW) (“Green Swan”) is a good example of a solid cobalt player with exploration properties in Ontario, Canada.

This past week the firm confirmed the acquisition of 2,800 hectares of cobalt property in the Gowganda region that has historically yielded significant cobalt and silver from mines in the area.

The area that Green Swan is buying does not cover past production, but it is highly prospective for cobalt, silver and copper, according to the company’s management. The geology from historic exploration conducted looks impressive.This purchase demonstrates the focus of Green Swan’s management. The company is in the business of targeting cobalt in reliable mining jurisdictions, thereby delivering value to its shareholders. For this reason, it makes a great share to buy. The properties it owns are in mining-friendly jurisdictions in Canada, and show great promise of mineable cobalt.The company’s management under leadership of CEO Peter M Clausi quickly turned Green Swan into an owner of multiple sizeable cobalt properties. One year ago, Green Swan owned one property in the Sudbury basin, the Copper Prince, where Green Swan has been doing extensive exploration. During the course of the past three months, the company’s property portfolio has expanded significantly, acquiring four more properties within Canada, with the latest one being the Gowganda asset. The other three are: the Otto Township; Chilton Cobalt; and Dryden Cobalt.

The company’s stockholders certainly agree with management’s strategy. Since the start of the year, the stock price has spiked by 140% from a low on 1 February of C$0.05 to C$0.12 on 1 March after the company announced the acquisitions of Otto, Chilton and Dryden. The stock price has settled around C$0.10 at the end of March, 43% up from the share price on 3 January.Cobalt’s fundamentals are great. Worldwide consumption is increasing, while production simply doesn’t keep up with the demand. I believe Green Swan is well placed to bank in on the strong fundamentals of this market.The company announced plans earlier in March that it wants to change its name to CBLT Inc. to better reflect what the company does. The name change is set to be approved at the shareholder meeting towards the end of April.According to CEO, Peter Clausi

“The name change and symbol change are about better reflecting the company’s focus over the next several years on the global shortage of cobalt. It will be hard for any investor, investment banker or media member to look at the company name and not know we’re in cobalt. “Green Swan”, while a good name with a great logo, just didn’t tell a good enough story on its own.”

I think the proposed new name would better serve the company and what it stands for. Shareholders can only benefit from such a positive change. Indeed, the change can potentially attract new interested investors who might previously have overlooked Green Swan purely because it wasn’t clear what the company did. With a name like CBLT, there simply can be no doubt that the company’s business is that of cobalt.I personally love the name Green Swan, but the name change gives management an opportunity to discuss the company’s vision with its shareholders. CBLT signals a new chapter of Green Swan’s evolution into a serious cobalt player!

Link: https://investorintel.com/sectors/technology-metals/technology-metals-intel/green-swans-evolution-cobalt-player/

Green Swan Adds 2,800 Hectares to Cobalt Portfolio in Gowganda, Ontario

Burlington, Ontario--(Newsfile Corp. - March 28, 2017) - Green Swan Capital Corp. (TSXV: GSW) ("Green Swan") announces that it has entered into an agreement to acquire 2,800 hectares in five large unpatented claim blocks located in the Gowganda region of north-eastern Ontario.

This region produced 60.1 million ounces of silver and 1.4 million pounds of cobalt between 1910 and 1989, representing 11% of the total silver and 6% of the total cobalt endowment of the Cobalt-Gowganda camp. This output came from ten separate mines, with the Miller-O'Brien mine in Nicol Township being the largest (production of 38.0-million ounces silver and 0.8-million pounds cobalt (Ontario Geological Survey, Open File Report 6318). The claim blocks being acquired do not cover areas of past production.

Gowganda is located 85 km northwest of the town of Cobalt and its world famous silver-cobalt camp, and roughly 120 km north of Green Swan's other cobalt assets in Sudbury, Ontario. Infrastructure is readily available in the region in the form of Highways 560 and 65 as well as several secondary roads.

Green Swan has been aggressively acquiring strong cobalt assets in ethical jurisdictions (Ontario and Quebec), with a view to supplying the skyrocketing demand in cobalt. Cobalt is a key component in the cathode of those batteries, for cell phone, laptops, hand held tools and most importantly electric vehicles. Cobalt pricing on the London Metal Exchange has increased roughly 250% since February, 2016, and management believes that the price will continue to trend upwards for the foreseeable future.

The silver-cobalt deposits at Gowganda occur within fracture-fill type carbonate veins that include a wide variety of minerals containing combinations of cobalt-iron-nickel, arsenic-antimony-sulphur and minor amounts of chalcopyrite and galena. The veins occur within Nipissing Gabbro sills that have intruded Archean metavolcanic rocks which are unconformably overlain by flat-lying meta-sedimentary rocks of the Coleman Member of the Gowganda Formation. The veins tend to be vertical to sub-vertical, narrow and somewhat discontinuous, but very high-grade.

The claim blocks being acquired were targeted to cover mineral occurrences documented in the Ontario Mineral Deposits Inventory database and prospective Nipissing Gabbro sills. Management is of the opinion that these blocks are highly prospective for cobalt, silver and copper.

Historic exploration conducted on the claim blocks is described below as taken from the Ontario Mineral Deposits Inventory database website (http://www.mndm.gov.on.ca/en/mines-and-minerals/applications/ogsearth/mineral-deposits-mdi):

Morel (36 units) covers the Solid Silver (MDI41P15SE00009) and Bloom Lake (MDI41P15SE00015) occurrences, along with a five kilometer section of a Nipissing Gabbro sill. A value of 411g/t silver is reported from a single surface grab sample taken at Solid Silver. Values ranging from 219 to 603g/t silver, 0.3 to 0.9% cobalt, and 11.0 to 14.7% copper are reported from four surface grab samples taken at Bloom Lake. Previous underground exploration work at Bloom Lake includes development of a shaft and several adits;

United Reef (48 units) covers the Unit Reef prospect (MDI41P10SE00006) and parts of several Nipissing Gabbro sills. A single drill hole intersection of 1,250g/t silver over 3.0 metres is reported at the Unit Reef prospect;

Nicol (36 units) covers parts of a Nipissing Gabbro sill. Strong historic values have been reported to the west, northwest and east of Nicol. In particular, values of 50 and 7,800g/t silver were reported from two surface grab samples taken at the Byberg prospect (MDI41P10NE00046), 400 metres west of Nicol. At the Bishop occurrence (MDI41P10NE00002), 325 metres northwest of Nicol, a 365 metre shaft and adit were part of the development work, with values of 0.3% cobalt and 1.6% copper reported from a single surface grab sample taken there. To the east, values of 0.1% silver and 0.9% cobalt were reported from a single surface grab sample taken at the Powerful prospect (MDI41P10NE00065), 575 metres east of Nicol;

Lawson (32 units) covers parts of a Nipissing Gabbro sill. A single grab sample taken from a trench exposing this same Nipissing Gabbro sill returned 65.4 oz/ton (1,844 grams) silver and 0.2% cobalt at the Lacarte prospect (MDI41P10SE00008) located 2.5 km north of Lawson.

All historic sample results quoted above have not been verified by Green Swan. Grab samples are selective by nature and may not be representative of the rest of the claim blocks. Green Swan has not yet carried out any field work on these blocks. All historic work was carried out by third parties and Green Swan will have to carry out work to test the historic results.

The purchase price for the four Gowganda claim blocks is a total of $72,750 in cash and 450,000 units issued at a deemed price of ten cents per unit with each unit consisting of one common share and one common share purchase warrant exercisable at $0.15 for a period of eighteen months from the date of issue . The 450,000 units would be subject to a hold period of at least four months and a day. In addition, Green Swan will grant to the vendor a Net Smelter Returns Royalty of 2%, with half of such NSR re-purchasable at any time at Green Swan's option for $1,000,000.

The vendor is arm's length to Green Swan. The acquisition is subject to regulatory approval.

In addition, as previously announced, Green Swan's management is proposing to change the name of the company to "CBLT Inc.". Management feels this name is more descriptive of the company's focus on strong cobalt assets and will bring greater attention in the global markets. The Company has reserved "CBLT" as a new trading symbol and shareholders will be asked at the April 24, 2017 shareholder meeting to approve the name change.

The technical contents of this release were approved by Dr. Tom E. McCandless, P.Geo., an independent director for Green Swan and a qualified person as defined by National Instrument 43-101. None of the claims blocks have been the subject of a National Instrument 43-101 report and Dr. McCandless has not verified the technical data disclosed in this release.

About Green Swan Capital Corp.
Green Swan Capital Corp. is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. Green Swan is well-poised to deliver real value to its shareholders. With the Gowganda acquisitions, Green Swan continues to build its impressive portfolio of assets in mining-friendly jurisdictions, including its main Sudbury asset, Dryden Cobalt, Otto Lake, Chilton Cobalt, Geneva Lake, Ryliejack and Mikayla.

Indeed.

This summer they will commence their drill programs.

Should be an interesting time.

Buying anything below .10 at the moment.

GLTA & JMO

yeah, I saw the symbol was the same....

I guess the name doesn't matter, only the results...

They are trying to be more clear with their core mandate as a Cobalt explorer.

Their symbol will change to CBLT as well.

I like it.

GLTA & JMO

That's the new name, CBLT Inc ?

seems odd....

I think she's getting ready for some big steps here with the drill program, visibility and the name change.

Cobalt is going to be trending up over the next 6-24 months and GSW is well positioned to turn into a real gem.

GLTA & JMO

Green Swan Capital Corp. Announces Proposed Name Change

March 27, 2017 (Source) — Green Swan Capital Corp. (TSXV: GSW) (“Green Swan” or the “Company”) announces a management proposal to change the name of the company to “CBLT Inc.”. Management feels this name is more descriptive of the company’s focus on strong cobalt assets and will bring greater attention in the global markets. The Company has reserved “CBLT” as a new trading symbol.

Shareholders will be asked at the April 24, 2017 shareholder meeting to approve the name change. For more detail, shareholders are encouraged to download the circular and other meetings materials from www.sedar.com. Exchange approval will be required to effect the name and symbol changes.

Green Swan owns 100% of its main Sudbury cobalt/gold asset, Dryden Cobalt in Ontario and Chilton Cobalt in Quebec, in addition to its other strong non-cobalt prospective assets. The Company has also indicated that it is in the process of acquiring other cobalt assets in strong jurisdictions capable of supporting ethical supply chains.After the closing of the previously announced brokered $1,000,000 financing managed by Industrial Alliance Securities Inc. (see press release of March 2, 2017), the Company will outline its intended work programs for 2017. Closing is intended to take place on or about April 13, 2017.

In February, 2016, cobalt per USD on the London Metals Exchange was trading at roughly $9.85 per pound. Green Swan then predicted a global shortage of cobalt, and made a decision in the spring of 2016 to create shareholder value by sourcing cobalt assets in safe jurisdictions. This search resulted in the June, 2016 acquisition of the main Sudbury cobalt/gold property, located next to Glencore plc’s main Sudbury smelter operations. A successful work and diamond drill program was carried out in the latter part of 2017. Details are at the Company’s website at http://www.greenswancapital.com/site-exploration.html.

Cobalt recently hit another 5 year high, crossing USD$24.60 a pound, representing an increase of 249% in only 13 months. This price increase is a direct result of a sharp decrease in global cobalt production and a dramatic increase in cobalt usage in lithium ion batteries, including for the electric vehicle industry. The company believes this supply/demand imbalance will continue for a number of years as more electric vehicles come into production, putting further upwards pricing pressure on cobalt.

About Green Swan Capital Corp.
Green Swan Capital Corp. is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. Green Swan is well-poised to deliver real value to its shareholders.

Green Swan Receives Stock Exchange Approval for Chilton Cobalt

Burlington, Ontario--(Newsfile Corp. - March 3, 2017) - Green Swan Capital Corp. (TSXV: GSW) has received stock exchange approval to expand its cobalt portfolio by acquiring "Chilton Cobalt", in the Laurentian Region of Quebec.

Chilton Cobalt consists of nine claims totaling 497 hectares (almost five sq. km.). The arm's length vendor has delivered to Green Swan all available historic data for the property, including a recently completed geological report (non NI 43-101 compliant). Green Swan will begin its historic data review and analysis as soon as possible to enable an exploration program in the summer of 2017.

Historic work at Chilton Cobalt identified four distinct cobalt-copper-nickel showings. Grab samples from one of the showings returned values up to 2,500 parts per million (ppm) cobalt, 3,300 ppm copper and 12,300 ppm nickel. Green Swan cannot verify the accuracy or thoroughness of historic work until further research and analysis is completed.

"Value is created in the field and in the boardroom", said Peter M. Clausi, Green Swan's CEO. "It's intended that part of the proceeds from Green Swan's recently announced one million dollar brokered financing will be efficiently spent at Chilton Cobalt this summer on surface exploration."

About Green Swan Capital Corp.
Green Swan Capital Corp. is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. Green Swan is well-poised to deliver real value to its shareholders. Green Swan continues to build its impressive portfolio of assets in mining-friendly jurisdictions, including its main Sudbury asset, Dryden Cobalt, Otto Lake, Chilton Cobalt, Geneva Lake, Ryliejack and Mikayla.

Great news for this explorer.

This PP will help them exacerbate exploration and shareholder value.

GLTA & JMO

Green Swan Announces Million Dollar Brokered Financing

Burlington, Ontario--(Newsfile Corp. - March 2, 2017) - Green Swan Capital Corp. (TSXV: GSW) (the "Company") announces it has entered into an agreement with Industrial Alliance Securities Inc. (the "Agent") for a brokered private placement financing for gross proceeds of up to one million dollars (the "Offering").

The Offering will consist of:

(a) up to $350,000 in units (the "Units"), with each Unit consisting of one common share and one common share purchase warrant. Each Unit shall be priced at $0.10 (ten cents) and each common share purchase warrant shall be exercisable for an 18-month period at $0.15 (fifteen cents); and

(b) up to $650,000 in common shares issued on a flow-through basis (the "Flow-Through Shares"), which shall consist of approximately $150,000 in Flow-Through shares issued to residents of Quebec and approximately $500,000 in Flow-Through Shares issued to Canadian residents outside Quebec.

In addition, the Company has granted the Agent an option to cause the Company to issue up to an additional $150,000 in Units and/or Flow-Through Shares in such combinations as mutually agreed by the Agent and the Company.

Proceeds from the sale of the Units will be used for community engagement, exploration, data compilation, drilling, and for general purposes and administration costs. Proceeds from the sale of the Flow-Through Shares will be used for "Canadian Exploration Expenses" which qualify as "Flow-Through Mining Expenditures" for the purposes of the Income Tax Act (Canada) and the Corporation will renounce such expenses with an effective date no later than December 31, 2017, and in more detail, the proceeds from the Flow-Through Shares to be issued to Quebec residents will be used to explore Green Swan's Chilton Cobalt property, in Quebec.

A commission will be payable to the Agent on closing of cash equal to 7% of the gross proceeds of the Offering, broker warrants equal to 10% of the aggregate number of Units sold pursuant to the Offering (the "Agent's Unit Warrants") and broker warrants equal to 10% of the aggregate number of Flow-Through Shares sold pursuant to the Offering (the "Agent's FT Warrants"). Each Agent's Unit Warrant will entitle the Agent to purchase one Unit at a price of $0.10 (ten cents) and each Agent's FT Warrant will entitle the Agent to purchase one common share of the Company at a price of $0.12 (twelve cents) at any time prior to the date that is 18 months from the Closing Date. The Agent may syndicate all or part of the Offering.

The Offering will take place by way of a private placement to qualified investors in those jurisdictions where the Offering can lawfully be made. The securities to be issued under the Offering will be subject to a regulatory four month and one day hold period, from the closing. Closing is anticipated to occur on or before Wednesday, March 29, 2017, and is subject to stock exchange approval.

"Green Swan was one of the first movers in the space, and is being rewarded for its foresight", said Peter M. Clausi, Green Swan's CEO. "The proceeds from this financing will accelerate shareholder value in the field, as cobalt continues its run of setting 5-year highs on the LME."

Green Swan continues to build its impressive portfolio of assets in mining-friendly jurisdictions, including its main Sudbury asset, Dryden Cobalt, Otto Lake, Chilton Cobalt, Geneva Lake, Ryliejack and Mikayla.

About Green Swan Capital Corp.
Green Swan Capital Corp. is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. Green Swan is well-poised to deliver real value to its shareholders.

Green Swan Adds to Cobalt Portfolio

Burlington, Ontario--(Newsfile Corp. - February 28, 2017) - Green Swan Capital Corp. (TSXV: GSW) has entered into an agreement to further expand its cobalt portfolio by purchasing "Chilton Cobalt", in the Laurentian Region of Quebec. Cobalt recently reached a five year high, touching USD$21.50 a pound after being at $9.85 in February, 2016. Green Swan targeted cobalt for these growth opportunities and is now being rewarded for being an early mover in this space.

This latest addition to its portfolio, Chilton Cobalt, consists of nine claims totaling 497 hectares (almost five square kilometers). As part of the purchase, the arm's length vendor will deliver to Green Swan all available historic data for the property, including a recently completed geological report (non NI 43-101 compliant).

The historic work on Chilton Cobalt identified four distinct cobalt-copper-nickel showings. Grab samples from one of the showings returned values up to 2,500 parts per million (ppm) cobalt, 3,300 ppm copper and 12,300 ppm nickel. Green Swan cannot verify the accuracy or thoroughness of historic work until further research and analysis is completed.

Green Swan will begin its historic data review and analysis as soon as possible to enable an exploration program in the summer of 2017.

"This will be a very busy year for Green Swan's field team as we build shareholder value", said Peter M. Clausi, Green Swan's CEO. "We intend to conduct a second round of exploration at our Sudbury cobalt-gold asset, to explore our Dryden Cobalt asset, and to begin work on Chilton Cobalt."

Green Swan continues to build its impressive portfolio of assets in mining-friendly jurisdictions. In Sudbury, previous surface grab sampling returned up to 4.5% cobalt and 44 g/t gold (see news release August 15, 2016) and Green Swan ran a successful diamond drill program there in November 2017, with cobalt and gold values in every sample. Green Swan will be presenting at PDAC Convention in Toronto on Sunday, March 5, 2017 at the Ontario Pavilion to discuss this unique property.

Dryden Cobalt is located roughly one kilometer southwest of Green Swan's main Sudbury cobalt-gold asset, also in the highly productive Sudbury Basin. This property was acquired by staking, based on Green Swan's interpretation of the Nipissing Diabase and the Huronian sediments (Hough Lake Group — Mississsagi Formation) which cross this property. Green Swan intends to conduct surface exploration at this location in the summer of 2017.

As announced last week, Green Swan purchased 33 units in 4 claims in Otto Township, Larder Lake Mining Division, Ontario (see news release February 21, 2017). Those claims are on Special Status with the Ministry of Northern Development and Mines due to a prior owner's inability to move the project through the permitting process. Green Swan believes it can resolve the permitting issues, which would allow Green Swan to begin its exploration on these claims in late 2017.

In consideration of the purchase of Chilton Cobalt, Green Swan will issue to the vendor 150,000 common shares at a deemed issue price of seven cents, and 150,000 common shares purchase warrants having a two year term and a 10 cent exercise price. The vendor will also receive a 2 per cent Net Smelter Returns Royalty with a buyout at Green Swan's option on half of the NSR for one million dollars. The transaction is subject to stock exchange approval.

The technical contents of this release were approved by Dr. Tom E. McCandless, P.Geo., an independent director for Green Swan and a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report and Dr. McCandless has not verified the technical data disclosed in this release.

Green Swan granted a total of 500,000 stock options to consultants and directors, effective February 24, 2017, exercisable at $0.075 cents each and expiring February 23, 2022.

About Green Swan Capital Corp.
Green Swan Capital Corp. is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in reliable mining jurisdictions. Green Swan is well-poised to deliver real value to its shareholders.

Saw this video on Small Cap Power.

http://smallcappower.com/videos/companies-to-watch/green-swan-capital-081216/

GLTA & JMO

Nice bump early today. Lets see if volume persists.

As we know volume precedes price.

GLTA & JMO

Green Swan Expands Portfolio

Burlington, Ontario--(Newsfile Corp. - February 21, 2017) - Green Swan Capital Corp. (TSXV: GSW) has added to its portfolio of low cost, highly prospective mining assets in high quality mining jurisdictions. This acquisition consists of 33 mining claim units contained with 4 claim blocks in Otto Township, Larder Lake Mining Division, in Ontario (the "Otto Assets").

The Otto Assets lie roughly eight kilometres southwest of Kirkland Lake and proximate to the former producing Swastika Mine, Ontario's first producing gold mine (1907). Infrastructure is readily available. The Otto Assets can be directly accessed off the TransCanada Highway through the town of Swastika.

Said Green Swan's CEO Peter M. Clausi, "Our team took an undervalued forgotten cobalt/gold asset in Sudbury and created a great real shareholder value from it. We intend to do the same with the Otto Assets."

The most recent work on the Otto Assets was a soil geochemistry report in 2012. Gold, palladium, copper, zinc, nickel and lead values were returned. Page 11 of the report concluded; "Further prospecting and geochemical surveys to the northeast and a further extension along trend may be warranted. It appears that average background levels increased to the east, and several anomalies occurred at the northeast boundary of the sampling area." (MNDM Report, Soil Geochemistry and Prospecting on Claim Numbers: 4246905, 4250913, 4251194; Otto Township; Larder Lake Mining Division. L.Currah, 2012.)

Green Swan has not performed any work on the Otto Assets, which have been explored by third parties since 1975. Historic work has included prospecting, line cutting, limited diamond drilling, VLF and magnetic surveys, mapping, trenching and soil sampling. Some but not all of the results from third party work are available to Green Swan. Green Swan cannot speak to the accuracy or thoroughness of historic work without further research and analysis.

Green Swan purchased the Otto Assets from an arm's length prior owner who encountered challenges advancing exploration on them. One of the difficulties was an inability to enter into economic exploration agreements with local communities including First Nations. That prior owner had applied for a permit to drill from 11 to 20 pads, conduct mechanical excavation, and carry out other mining-related activities, which permit has been stalled for some time in the Ontario Ministry of Northern Development and Mining. The Otto Assets are on "Special Status" pending the resolution of the permit application, but in Green Swan's opinion it was highly unlikely the former owner would have been able to successfully advance its permit.

Green Swan's management has much experience in dealing with the Ontario permitting process, and believes it can successfully advance the permit process with local communities, First Nations and MNDM. Green Swan is unable to state how long this process will take or what resources will be needed. However, as with its Sudbury cobalt-gold asset, Green Swan has demonstrated an ability to source and acquire lower visibility mining assets that can generate significant shareholder value.

The consideration for the acquisition is the granting of a 10-year Net Smelter Returns Royalty, at 3% for the first 200,000 ounces of gold and 2% thereafter. During the term of the Net Smelter Returns Royalty, if Green Swan files a NI43-101 compliant resource estimate of at least one million ounces of gold grading at least 2 grams of gold per tonne, Green Swan will at that time immediately owe the vendor a one-time payment of USD$250,000.

This acquisition is an Exempt Transaction and stock exchange approval was not required.

Green Swan intends to continue acquiring highly prospective assets in good mining jurisdictions, and is focusing on cobalt acquisitions.

About Green Swan Capital Corp.
Green Swan Capital Corp. is a Canadian mineral exploration company with a proven leadership team. Green Swan is well-poised to further deliver real value to its shareholders.

Looks like an uptick in volume.

Maybe news related or just a new found interest in the precious metal / rare earth sector.

With this volume continuing we should see a nice run up as the float is relatively thin.

GLTA & JMO

It hasnt even left the nest yet. :)

Nacent stage of valuation. Takes time.

High Risk = High Reward at this point.

Not for the faint of heart. But worth a small position if one can afford to wait.

GLTA & JMO

just checking.....

maybe the wings were clipped ??

Continuity of Mineralization Confirmed at Green Swan's Cobalt - Gold Asset in Sudbury, Ontario

V.GSW | January 11, 2017

Burlington, Ontario--(Newsfile Corp. - January 11, 2017) - Green Swan Capital Corp. (TSXV: GSW) is pleased to announce that it has received final assays from the recently completed 300-meter diamond drill program on its 100% owned cobalt-gold Property located in Sudbury, Ontario. The drill program was completed on schedule and on budget at Ed's Watering Hole in the southern part of the Property, where previous surface grab sampling returned up to 4.5% cobalt and 44 g/t gold (see news release August 15, 2016). Management is very encouraged by the latest results and intends to return for follow-on exploration activity as soon as reasonably possible.

Said Green Swan's CEO Peter M. Clausi, "Historic testing by third parties for gold, copper and nickel have been successfully carried out on other parts of this 260 hectare Property, but this is the first drill program ever conducted on this part of the Property. Our goal was to test at depth the quartz veining visible at surface for continuity of gold and cobalt throughout the system. With gold and cobalt values in every sample, the drill program achieved that goal and was a success."

In the present program, five drill holes at Ed's Watering Hole were aligned parallel to the apparent strike of quartz veining visible at surface and oriented to intersect the down dip projections of the mineralization. Drilling details are provided in the table below.

DDH Easting
(NAD83) Northing
(NAD83) Azimuth
(degrees) Dip
(degrees) Length (m)
CP16-01 519279 5155965 85 -45 69
CP16-02 519288 5155999 85 -45 51
CP16-03 519268 5155998 85 -50 75
CP16-04 519270 5155979 85 -45 60
CP16-05 519294 5155966 85 -45 44.25


All five holes intersected prominent quartz vein structures containing variable amounts of pyrite, chalcopyrite and pyrrhotite. The quartz structure visible at surface appears to extend nearly vertically and was intersected at a deepest point of roughly 30 metres below surface. This structure extends in a north-northwest direction at least 35 meters along strike at surface, with numerous faults and discontinuous veining. The next round of drilling will be intended to expand these dimensions.

Green Swan is very pleased to report that the drill program has confirmed the continuity of mineralization previously indicated by drill hole CP16-01 (see news release December 14, 2016). A plan map and sections representing the drilling can be seen on the Company's website at www.greenswancapital.com. Assay highlights are provided in the table below.

DDH From (m) To (m) Length* (m) Au (g/t)** Co (%)**
CP16-02 10.70 11.00 0.30 0.245 0.009

15.53 16.10 0.57 0.753 0.017

20.30 21.65 1.35 0.835 0.021

32.80 34.10 1.30 0.173 0.046
CP16-03 6.90 7.30 0.40 0.581 0.003

36.20 36.93 0.73 0.169 0.014

38.45 39.20 0.75 0.110 0.015

40.30 41.30 1.00 0.118 0.004

74.50 74.94 0.44 0.347 0.009
CP16-04 13.60 14.10 0.50 0.154 0.004

41.40 42.40 1.00 0.111 0.009

50.50 51.50 1.00 0.120 0.012
CP16-05 10.70 11.50 0.80 0.390 0.026

15.10 18.10 3.00 0.330 0.017


*All lengths reported are apparent widths. **Assays for core lengths >1m, are length-averaged.

With this phase of exploration complete, Green Swan will submit its final documentation to receive its previously-approved JEAP grant. Green Swan thanks the Ontario Prospectors Association and the Ontario Ministry of Northern Development and Mining for their ongoing support.

Samples were submitted by representatives of Green Swan to AGAT Laboratories Ltd. (Sudbury, Ontario). AGAT is accredited to ISO/IEC 17025 by Standards Council of Canada. Each sample is coarsely crushed and a 250g aliquot is pulverized for analysis. Gold assays are from a 30g aliquot fire assay that is measured by Inductively Coupled Plasma-Optical Emission Spectrometry (ICP-OES). The detectable range for gold is 0.001-10ppm. Cobalt is measured as part of a 22 multi-element package using sodium peroxide fusion followed by ICP-OES with a lower limit of detection of 0.001%. Standards and blanks were included with the samples. Dr. Tom E. McCandless, P.Geo., a Green Swan director and a qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical data presented in this press release.

About Green Swan Capital Corp.

Green Swan Capital Corp. is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in Ontario. Green Swan is well-poised to deliver real value to its shareholders.

Nope.

GLTA & JMO

No penny harvest ??

Not much until we get more core samples back from the lab.

Holding pattern for now.

GLTA & JMO

Whats up with the Swan ???

Anyone can look at the chart and see dead money walking...

it's pathetic, like most Canadian pinks !

I agree, it's dead...

Its definitely not doing much today.

Not sure thats news worthy.

LOL

GLTA & JMO

it's 3:30...lol....

pos is dead in the water !

No volume. Still early.

At least its not RED.

GLTA & JMO

pathetic volume.....just no real interest here at all..

typical for a Canadian Pink !

News was ignored.....what else is new ?

Dead money......

new name " Dead Swan "...

oh yeah !

Is this another Canadian pink ??

This is nothing but crap......no one is buying this " news "..

Continuity of Mineralization Confirmed at Green Swan's Cobalt - Gold Asset in Sudbury, Ontario

BURLINGTON, ON / ACCESSWIRE / January 11, 2017 / Green Swan Capital Corp. (GSW.V) is pleased to announce that it has received final assays from the recently completed 300-meter diamond drill program on its 100% owned cobalt-gold Property located in Sudbury, Ontario. The drill program was completed on schedule and on budget at Ed's Watering Hole in the southern part of the Property, where previous surface grab sampling returned up to 4.5% cobalt and 44 g/t gold (see news release August 15, 2016). Management is very encouraged by the latest results and intends to return for follow-on exploration activity as soon as reasonably possible.

Said Green Swan's CEO Peter M. Clausi, "Historic testing by third parties for gold, copper and nickel have been successfully carried out on other parts of this 260 hectare Property, but this is the first drill program ever conducted on this part of the Property. Our goal was to test at depth the quartz veining visible at surface for continuity of gold and cobalt throughout the system. With gold and cobalt values in every sample, the drill program achieved that goal and was a success."

In the present program, five drill holes at Ed's Watering Hole were aligned parallel to the apparent strike of quartz veining visible at surface and oriented to intersect the down dip projections of the mineralization. Drilling details are provided in the table below.

DDH Easting
(NAD83) Northing
(NAD83) Azimuth
(degrees) Dip
(degrees) Length (m)
CP16-01 519279 5155965 85 -45 69
CP16-02 519288 5155999 85 -45 51
CP16-03 519268 5155998 85 -50 75
CP16-04 519270 5155979 85 -45 60
CP16-05 519294 5155966 85 -45 44.25
All five holes intersected prominent quartz vein structures containing variable amounts of pyrite, chalcopyrite and pyrrhotite. The quartz structure visible at surface appears to extend nearly vertically and was intersected at a deepest point of roughly 30 metres below surface. This structure extends in a north-northwest direction at least 35 meters along strike at surface, with numerous faults and discontinuous veining. The next round of drilling will be intended to expand these dimensions.

Green Swan is very pleased to report that the drill program has confirmed the continuity of mineralization previously indicated by drill hole CP16-01 (see news release December 14, 2016). A plan map and sections representing the drilling can be seen on the Company's website at www.greenswancapital.com. Assay highlights are provided in the table below.

DDH From (m) To (m) Length* (m) Au (g/t)** Co (%)**
CP16-02 10.70 11.00 0.30 0.245 0.009

15.53 16.10 0.57 0.753 0.017

20.30 21.65 1.35 0.835 0.021

32.80 34.10 1.30 0.173 0.046
CP16-03 6.90 7.30 0.40 0.581 0.003

36.20 36.93 0.73 0.169 0.014

38.45 39.20 0.75 0.110 0.015

40.30 41.30 1.00 0.118 0.004

74.50 74.94 0.44 0.347 0.009
CP16-04 13.60 14.10 0.50 0.154 0.004

41.40 42.40 1.00 0.111 0.009

50.50 51.50 1.00 0.120 0.012
CP16-05 10.70 11.50 0.80 0.390 0.026

15.10 18.10 3.00 0.330 0.017
*All lengths reported are apparent widths. **Assays for core lengths >1m, are length-averaged.

With this phase of exploration complete, Green Swan will submit its final documentation to receive its previously-approved JEAP grant. Green Swan thanks the Ontario Prospectors Association and the Ontario Ministry of Northern Development and Mining for their ongoing support.

Samples were submitted by representatives of Green Swan to AGAT Laboratories Ltd. (Sudbury, Ontario). AGAT is accredited to ISO/IEC 17025 by Standards Council of Canada. Each sample is coarsely crushed and a 250g aliquot is pulverized for analysis. Gold assays are from a 30g aliquot fire assay that is measured by Inductively Coupled Plasma-Optical Emission Spectrometry (ICP-OES). The detectable range for gold is 0.001-10ppm. Cobalt is measured as part of a 22 multi-element package using sodium peroxide fusion followed by ICP-OES with a lower limit of detection of 0.001%. Standards and blanks were included with the samples. Dr. Tom E. McCandless, P.Geo., a Green Swan director and a qualified person under National Instrument 43-101, has reviewed and approved the scientific and technical data presented in this press release.

About Green Swan Capital Corp.
Green Swan Capital Corp. is a Canadian mineral exploration company with a proven leadership team, targeting cobalt in Ontario. Green Swan is well-poised to deliver real value to its shareholders.

Great first hole sample.. Will be interesting to see the next 4 returns.

GLTA & JMO

Green Swan Announces Results from First Drill Hole

Burlington, Ontario--(Newsfile Corp. - December 14, 2016) - Green Swan Capital Corp. (GSW: TSXV) ("Green Swan"), is pleased to announce that it has received assays from the first drill hole on the recently completed 300 metre diamond drill program on its 100% owned cobalt-gold Property located in Sudbury, Ontario. As previously reported, the drill program was completed at 'Ed's Watering Hole' which is located in the southern part of the Property.

Diamond drill hole, CP16-01, was collared 30 m west of 'Ed's Watering Hole' at an azimuth of 085° and a dip of 45°. It was drilled to intersect the down dip projection of mineralization previously reported from surface grab samples at 'Ed's Watering Hole'. Drill hole CP16-01 intersected a prominent structure that was also intersected in the other 4 drill holes, CP16-02 to CP16-05.

In CP16-01, this structure, from 12.93 through to 17.00 m, includes a stockwork of quartz veins with variable amounts of pyrite and chalcopyrite. Additional veins up to 5 cm in width were intersected throughout the remainder of the hole, as well as sections of disseminated chalcopyrite and pyrrhotite hosted within Nipissing Diabase.

Highlights from drill hole CP16-01 include 1.05 m grading 0.431 g/t Au, 1.0 m grading 0.955 g/t Au, 0.27 m grading 0.341 g/t Au, and 0.20 m grading 5.34 g/t Au. Visible gold was identified in sample A616077. Additionally, cobalt values ranging from 0.002% through 0.077% were reported.

All intervals reported represent core lengths and not true widths.

DDH Sample Number From (m) To (m) Length (m) Au (g/t) Co (%)
CP16-01 A616055 12.90 13.40 0.50 0.006 0.049
CP16-01 A616056 13.4 14.06 0.66 0.086 0.045
CP16-01 A616059 15.00 15.40 0.40 0.006 0.040
CP16-01 A616061 16.15 17.2 1.05 0.431 0.022
CP16-01 A616066 28.00 29.00 1.00 0.955 0.077
CP16-01 A616068 38.2 38.47 0.27 0.341 0.017
CP16-01 A616077 48.1 48.3 0.20 5.34 0.009


"We are very pleased with the results from this first hole," said Peter M. Clausi, Green Swan's CEO. "We are seeing consistent dissemination of gold and cobalt across the vein structure, and are very interested in seeing if similar dissemination exists in Holes 2 to 5."

Results for drill holes CP16-02 through to CP16-05 will be made available once received.

Samples were submitted by representatives of Green Swan to Agat Laboratories Ltd.'s facility located in Sudbury, Ontario. AGAT is accredited to ISO/IEC 17025 by Standards Council of Canada.

Once received by AGAT, the entire sample is crushed and 250 grams is pulverized. Gold, platinum and palladium analysis is performed using a 30g fire assay fusion followed by an Inductively Coupled Plasma — Optical Emission Spectrometry (ICP-OES) finish. The ranges for said elements are as follows — Gold 0.001ppm to 10ppm, Platinum 0.005ppm to 10ppm, Palladium 0.001ppm-10ppm. Samples with gold values that are greater than the upper limit (10ppm) are re-analyzed using a 30g fire assay fusion with gravimetric finish, or a screen metallic fire assay analysis. Additional analyses include a 22 multi-element package by sodium peroxide fusion followed by ICP-OES finish, silver analysis by aqua regia digestion followed by AAS finish and sulphur analysis by combustion infrared technique.

Mr. J. Kleinboeck, Green Swan's Consulting Geologist, a Qualified Person (Q.P.) under National Instrument 43-101, has reviewed and approved the scientific and technical data presented in this press release.

About Green Swan Capital Corp.

Green Swan Capital Corp. is a Canadian mining company with a proven leadership team, targeting cobalt in Ontario. Green Swan is well-poised to deliver real value to its shareholders.