| GOLD BULLION OVERSUBSCRIBES AND CLOSES $830,000 PRIVATE PLACEMENT | |
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GOLD BULLION OVERSUBSCRIBES AND CLOSES $830,000 PRIVATE PLACEMENT
03-08-2016
March 8, 2016 ‐ Gold Bullion Development Corp. (TSXV:GBB) (OTCPINK:GBBFF) (the 'Company' or 'Gold Bullion') is pleased to announce that further to its news release dated March 3, 2016, the Company has oversubscribed and closed its private placement offering raising gross proceeds of $830,000. The Company issued 16,600,000 units at a price of $0.05 per unit. Each unit is comprised of one common share and one share purchase warrant with each warrant entitling the holder thereof to purchase one additional common share of the Company at an exercise price of $0.10 per share, for a period of two years from closing, subject to the acceptance of the TSX Venture Exchange.
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Gold Bullion Development Corp.
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EXPLORATION STAGE |
CODE : GBB.V |
ISIN : CA3805391065 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Gold Bullion Dev. is a gold exploration company based in Canada. Gold Bullion Dev. holds various exploration projects in Canada. Its main exploration properties are CASTLE SILVER MINE and GRANADA in Canada. Gold Bullion Dev. is listed in Canada and in Germany. Its market capitalisation is CA$ 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. |