CBLT Inc (CBLT)

[junkHustler]

GREEN SWAN CAPITAL CORP. EXPANDS SUDBURY FOOTPRINT

(Burlington, ON. August 29, 2016) Green Swan Capital Corp. (GSW: TSX-V) (“Green Swan”) announces a further increase in its footprint in the Sudbury Basin.

Green Swan originally acquired the Copper Prince property (the Property”) in June, 2016 as a result of historic evidence of cobaltite in quartz veins, together with supporting gold, copper and nickel values, and as a result of Green Swan’s own technical due diligence review. The results of Green Swan’s DD review were released June 20, 2016. Green Swan then staked additional claims in the area.

As a result of field work at the Property and Green Swan’s further research, Green Swan has entered into an agreement with an arm’s length party to acquire a 100% interest in a further 12 claim units (the “New Units”), proximate to the Property. The purchase price will be reimbursement of staking costs at cost, and the issuance of 150,000 Green Swan common shares.

The transaction is subject to regulatory approval.

Site pictures, maps and third party articles on the looming global cobalt shortage can be found at Green Swan’s website http://www.greenswancapital.com .


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.