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02:30:08 EDT Tue 13 May 2025
Enter Symbol
or Name
USA
CA



Goldbank Mining Corp (2)
Symbol GLB
Shares Issued 89,922,655
Close 2022-06-03 C$ 0.10
Market Cap C$ 8,992,266
Recent Sedar Documents

Goldbank reprices private placement units

2022-06-10 00:45 ET - News Release

Wegner Subject: Goldbank Mining Corporation - news release PDF Document File: Attachment GLB_NR_2022_06_09.pdf 12g3-2(b): 82-4000 Standard & Poor's Listed TSX Venture Exchange: GLB OTC: GLBKF June 9, 2022 GOLDBANK PROCEEDING WITH $2,100,000 PRIVATE PLACEMENT Goldbank Mining Corporation ("Goldbank")(TSX.V-GLB) is pleased to announce that it is proceeding with its private placement financing of units to raise up to $2,100,000 announced on March 14, 2022. The units have been repriced from $0.06 to $0.07 per unit and the exercise price of the warrants has been increased from $0.08 to $0.095. Accordingly, the private placement financing is now comprised of the sale of up to 30,000,000 units at $0.07 per unit with each unit consisting of one common share and one transferable warrant, each such warrant entitling the holder to purchase one additional share at a price of $0.095 per share for five years. Goldbank is relying on an exemption from the related party requirements of MI 61-101 for the possible participation by control persons and other insiders of Goldbank in the financing which participation only occurs following approval in advance by independent directors. A portion of the financing is on a flow-through basis. Flow-through units will entitle holders to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada). Proceeds of the financing will be used for payment of debt, working capital and for exploration and development of Goldbank's Klondike properties including costs related thereto. A finder's fee may be paid on a portion of the financing. The financing is subject to acceptance for filing by the TSX Venture Exchange. Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the Klondike Goldfields near Dawson City, Yukon, Canada. For further information please e-mail jb@goldbankmining.com. GOLDBANK MINING CORPORATION PER: "James Boyce" Suite 702 889 West Pender Street Vancouver, BC CANADA V6C 3B2 JAMES BOYCE President & CEO Telephone: 604.683.3288 Toll Free: 1.888.880.2288 Email: jb@goldbankmining.com The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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