| GOLD BULLION CLOSES $200,000 FLOW-THROUGH UNIT PRIVATE PLACEMENT | |
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GOLD BULLION CLOSES $200,000 FLOW-THROUGH UNIT PRIVATE PLACEMENT
06-29-2016
June 28, 2016 - Gold Bullion Development Corp. (TSXV:GBB) (OTCPINK:GBBFF) (the 'Company' or'Gold Bullion') is pleased to announce that it has closed its private placement offering raising gross proceeds of $200,000. The Company issued 2,000,000 flow-through ('FT') units at a price of $0.10 per unit. Each FT unit is comprised of one common share and one half of one share purchase warrant with each whole warrant entitling the holder thereof to purchase one additional common share of the Company at an exercise price of $0.15 per share, for a period of two years from closing, subject to the acceptance of the TSX Venture Exchange.
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Gold Bullion Development Corp.
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EXPLORATION STAGE |
CODE : GBB.V |
ISIN : CA3805391065 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Bullion Dev. is a gold exploration company based in Canada. Gold Bullion Dev. holds various exploration projects in Canada. Its main exploration properties are CASTLE SILVER MINE and GRANADA in Canada. Gold Bullion Dev. is listed in Canada and in Germany. Its market capitalisation is CA$ 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. |