| GOLD BULLION ANNOUNCES CLOSING OF CASTLE SILVER MINES INC. ACQUISITION BY TAKARA RESOURCES INC. | |
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GOLD BULLION ANNOUNCES CLOSING OF CASTLE SILVER MINES INC. ACQUISITION BY TAKARA RESOURCES INC.
09-15-2015
September 15, 2015 - Gold Bullion Development Corp. (TSX:V: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce the closing of the transaction with Takara Resources Inc. (TSX.V: TKK) ("Takara") to acquire certain properties of Gold Bullion as per the press releases dated April 13th and May 4th, 2015. The subject properties located in Ontario have now been transferred to Takara through the acquisition by Takara of Gold Bullion's wholly owned subsidiary, Castle Silver Mines Inc. ("CSM"). CSM owns a 100% interest in the 3,300-hectare Castle Silver Mine property, a past silver producer located near the northern Ontario community of Gowganda, 85 kilometres northwest of the historic Cobalt silver mining camp.
Download the full press release document (PDF 114kb)
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Gold Bullion Development Corp.
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EXPLORATION STAGE |
CODE : GBB.V |
ISIN : CA3805391065 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Bullion Dev. is a gold exploration company based in Canada. Gold Bullion Dev. holds various exploration projects in Canada. Its main exploration properties are CASTLE SILVER MINE and GRANADA in Canada. Gold Bullion Dev. is listed in Canada and in Germany. Its market capitalisation is CA$ 29.1 millions as of today (US$ 22.1 millions, € 20.8 millions). Its stock quote reached its highest recent level on December 24, 2010 at CA$ 0.93, and its lowest recent point on October 09, 2015 at CA$ 0.02. Gold Bullion Dev. has 387 890 016 shares outstanding. |