| GOLD BULLION DEVELOPMENT ENTERS ASSIGNMENT AGREEMENT TO SELL BEAVER AND VIOLET PROPERTIES TO TAKARA RESOURCES INC. | |
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GOLD BULLION DEVELOPMENT ENTERS ASSIGNMENT AGREEMENT TO SELL BEAVER AND VIOLET PROPERTIES TO TAKARA RESOURCES INC.
10-16-2015
October 16, 2015 - Gold Bullion Development Corp. (TSX: V: GBB) (OTCPINK: GBBFF) (the 'Company' or 'Gold Bullion') announces it has entered into an assignment agreement dated October 8, 2015 (the 'Assignment Agreement') with Takara Resources Inc. (TSX.V: TKK) ('Takara'), granting Takara the right to acquire a 100% interest in the Beaver and Violet cobalt and silver properties located in the township of Coleman, in northeastern Ontario. Pursuant to the Assignment Agreement, Takara agrees to pay to Gold Bullion an aggregate of $75,000, consisting of $15,000 payable within ten days upon execution of the Assignment Agreement plus four equal installments of $15,000 on the first, second, third and fourth anniversary dates of the date of the Assignment Agreement.
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Gold Bullion Development Corp.
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EXPLORATEUR |
CODE : GBB.V |
ISIN : CA3805391065 |
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Gold Bullion Dev. est une société d’exploration minière d'or basée au Canada. Gold Bullion Dev. détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont CASTLE SILVER MINE et GRANADA au Canada. Gold Bullion Dev. est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 29,1 millions CA$ (22,1 millions US$, 20,8 millions €). La valeur de son action a atteint son plus haut niveau récent le 24 décembre 2010 à 0,93 CA$, et son plus bas niveau récent le 09 octobre 2015 à 0,02 CA$. Gold Bullion Dev. possède 387 890 016 actions en circulation. |