| GOLD BULLION CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT | |
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GOLD BULLION CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
12-24-2014
December 24, 2014 - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) ("Gold Bullion" or the "Company") is pleased to announce that it has closed a non-brokered private placement financing ("Private Placement") by the issuance of 19,140,000 flow-through units ("FT Units") at a purchase price of CDN $0.05 per FT Unit for gross proceeds of $957,000. Each FT Unit consists of one flow-through common share in the capital of the Company and one-half of a non-transferable share purchase warrant, each whole warrant entitling the holder to purchase one non-flow-through common share in the capital of the Company on or before December 23, 2016, at a purchase price of $0.10 per share.
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Gold Bullion Development Corp.
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EXPLORATION STAGE |
CODE : GBB.V |
ISIN : CA3805391065 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Bullion Dev. is a gold exploration company based in Canada. Gold Bullion Dev. holds various exploration projects in Canada. Its main exploration properties are CASTLE SILVER MINE and GRANADA in Canada. Gold Bullion Dev. is listed in Canada and in Germany. Its market capitalisation is CA$ 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. |