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  • CBLT Inc. (CBLT) has delivered a requisition letter to the board of Ready Set Gold Corp (RDY)
  • CBLT has requested that Ready Set Gold Corp. call a meeting to remove all current directors of the company and elect a new board
  • Mr. John Veltheer and Mr. Jason Jessup have resigned as directors of RDY
  • Should the RDY fail to call a shareholder meeting, CBLT intends to call a meeting of the shareholders to replace RDY’s board
  • CBLT Inc. is a Canada-based mineral exploration company
  • CBLT Inc. is down 7.69 per cent, trading at C$0.06 per share at 1:35 pm ET

CBLT Inc. (CBLT) has delivered a requisition letter to the board of Ready Set Gold Corp (RDY).

CBLT has requested that Ready Set Gold’s board call a meeting of the common shareholders for the purpose of removing all current directors and electing a fresh team.

CBLT is hopeful that RDY’s board would see the requisition letter as an opportunity to address the board’s dysfunctionality and terminate its under-skilled CEO. In response, Mr. John Veltheer and Mr. Jason Jessup have resigned as directors of RDY.

In CBLT’s opinion, the board’s dysfunctionality is detrimental to RDY shareholders.

Should the RDY fail its mandatory statutory obligations to call a shareholder meeting, CBLT intends to call a meeting of the shareholders to remove all current directors and elect a new board.

CBLT Inc. is a Canada-based mineral exploration company engaged in the business of acquiring, exploring, and dealing with mineral properties. 

CBLT Inc. is down 7.69 per cent, trading at C$0.06 per share at 1:35 pm ET.

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