Ms. Cherie Leeden reports
GOLD BULL ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION
Further to
Gold Bull Resources Corp.'s news release dated Sept. 7, 2023, the company's 1:10 share consolidation will be effective Oct. 10, 2023.
As a result of the consolidation, the number of issued and outstanding shares will be reduced from
98,346,867 to approximately 9,834,686, subject to adjustment for rounding. No fractional shares will be
issued in connection with the consolidation. If a holder of shares would otherwise be entitled to a fraction
of a share, then the number of postconsolidation shares issuable to such shareholder shall be rounded
down to the next lower whole number. No cash consideration will be paid in respect of fractional shares.
The exercise or conversion price and/or the number of shares issuable under any of the company's
outstanding convertible securities will be proportionately adjusted in connection with the consolidation.
The company's new Cusip/ISIN is: 380556407/CA3805564075.
About Gold Bull Resources Corp.
Gold Bull's mission is to expand into a United States-focused mid-tier gold development company through rapidly discovering and acquiring additional ounces. The company's exploration hub is based in Nevada, United States, a top-tier mineral district that contains significant historical production, existing mining infrastructure and an established mining culture. Gold Bull is led by a board and management team with a record of exploration and acquisition success.
Gold Bull's core asset is the Sandman project, located in Nevada which has a 494,000-ounce gold resource as per 2022 National Instrument 43-101 resource estimate. Sandman is located 23 kilometres south of the Sleeper mine and boasts excellent large-scale exploration potential.
Gold Bull is driven by its core values and purpose which includes a commitment to safety, communication and transparency, environmental responsibility, community, and integrity.
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