| GOLD BULLION ANNOUNCES SIGNING OF DEFINITIVE AGREEMENT WITH TAKARA RESOURCES INC. | |
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GOLD BULLION ANNOUNCES SIGNING OF DEFINITIVE AGREEMENT WITH TAKARA RESOURCES INC.
04-13-2015
April 13, 2015 - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce that, further to the Company's press release of March 11, 2015, Gold Bullion and Takara Resources Inc. ("Takara") (TSX.V: TKK) have entered into a definitive purchase and sale agreement (the "Agreement") for Takara to acquire certain properties of Gold Bullion situated in Ontario, through the acquisition of Gold Bullion's wholly-owned subsidiary, Castle Silver Mines Inc. ("CSM")(the "Transaction"). CSM currently owns a 100% interest in the 3,300-hectare Castle Silver Mine property, a past producer located near the northern Ontario community of Gowganda and 85km northwest of the historic Cobalt silver mining camp.
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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. |