TORONTO, DUEREN, Germany, Jan. 31,
2024 /CNW/ - SWT AG, which is beneficially owned
by Dr. Thilo Senst (the "Acquiror"),
makes the following announcement in accordance with National
Instrument 62-103 The Early Warning System and Related Take Over
Bids and National Instrument 62-104 Take-Over Bids and
Issuer Bids.
The Acquiror advises that on January 29,
2024, he disposed of beneficial ownership of, and control
over 33,000,000 common shares (each, a "Common Share") in the
capital of GBLT Corp. (the "Issuer") for an aggregate purchase
price of CAD$1,320,000 (the
"Disposal"). The Disposal was made pursuant to a private share
purchase agreement dated January 29,
2024, whereby the Acquiror, sold an aggregate of 33,000,000
Common Shares to three separate individuals at a price of
CAD$0.04 per Common Share. The Common
Shares are listed for trading on TSX Venture Exchange.
Immediately before the completion of the Disposal, the Acquiror
beneficially owned or controlled 74,441,206 Common Shares either in
his own name or through SWT AG, a corporation controlled by the
Acquiror. As a result of the Disposal, the Acquiror beneficially
owns and has control over 41,364,445 Common Shares representing
approximately 36.50% of the currently issued and outstanding Common
Shares.
The Acquiror will review his holdings from time to time and may,
in the future, increase or decrease his ownership or control over
securities of the Issuer as circumstances dictate. An early warning
report will be filed under the Issuer's profile on the SEDAR+
website at www.sedarplus.ca.
Dr. Thilo Senst
SOURCE GBLT Corp.
