TORONTO and DUREN, Germany, March 1,
2024 /CNW/ - GBLT Corp. (TSXV: GBLT)
("GBLT" or the "Company") announces its intention to
voluntarily delist (the "Delisting") its common shares from
the TSX Venture Exchange ("TSXV"). The Delisting will
be subject to, among other things, TSXV and minority shareholder
approval. More information regarding the Delisting will be
available in the Company's management information circular (the
"Circular") to be prepared in connection with the Company's
upcoming annual general and special shareholder meeting scheduled
for April 8, 2024. The Circular is
expected to be filed under GBLT's SEDAR+ profile at
www.sedarplus.ca on or around March 15,
2024.
About GBLT:
GBLT Corp., through its operating company,
GBT GmbH, designs, manufactures and supplies mobile storage, and
battery solutions. GBLT is also a leading provider of renewable
energy solutions via its solar division, participating in the
rapidly growing solar energy market. In addition, the Company
offers consumer healthcare and wellness products to some of the
largest retail chains across the globe. GBT is also an official
licensee for AGFAPHOTO mobile energy products. The Company's
branded healthcare and wellbeing products are primarily sold
throughout Europe under Dr. Senst
brand.
For more information, please visit www.gbt-international.com and
www.gbltcorp.com.
Forward-Looking Information
Certain statements in this news release, constitute "forward
looking statements" within the meaning of that phrase under
applicable Canadian securities law, including, but not limited to
statements regarding the Delisting. These statements reflect
management's current assumptions and expectations and by their
nature are subject to certain underlying assumptions, known and
unknown risks and uncertainties and other factors which may cause
actual results, performance or events to be materially different
from those expressed or implied by such forward looking statements.
There is no guarantee that the Company will continue with the
Delisting or receive the necessary shareholder and regulatory
approvals to proceed with the Delisting. Except as required
pursuant to applicable securities laws, the Company will not update
these forward-looking statements to reflect events or circumstances
after the date hereof. Readers are cautioned not to place undue
reliance on forward looking statements.
Neither the 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.
SOURCE GBLT Corp.
