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07:56:09 EDT Thu 09 May 2024
Enter Symbol
or Name
USA
CA



Goldbank Mining Corp (2)
Symbol GLB
Shares Issued 119,922,655
Close 2023-04-06 C$ 0.065
Market Cap C$ 7,794,973
Recent Sedar Documents

Goldbank investor Blizzard acquires two million units

2023-04-12 01:47 ET - News Release

Wegner Subject: Early warning press release PDF Document File: Attachment NR_EW_2023_04_11_BFC.pdf BLIZZARD FINANCE CORP. 704 889 West Pender Street Vancouver, BC CANADA V6C 3B2 Tel.: 604.354.9057 April 11, 2023 NEWS RELEASE Pursuant to: National Instrument 62-103 Blizzard Finance Corp. ("Blizzard") announces that on April 6, 2023 it acquired 2,000,000 units of securities of Goldbank Mining Corporation ("Goldbank") at a price of $0.05 per unit for a total consideration of $100,000 pursuant to a non-brokered private placement offering. Each unit is comprised of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional common share of Goldbank for five years at a price of $0.065 per share. Blizzard's participation in the private placement decreased the percentage of Goldbank's issued and outstanding number of shares held by Blizzard by approximately 0.91% on a non-diluted basis and decreased the percentage by approximately 0.34% assuming exercise of all 8,142,858 share purchase warrants held by Blizzard. Immediately prior to the participation in the private placement, Blizzard had ownership and control of 19,657,858 common shares and 6,142,858 share purchase warrants of Goldbank, representing approximately 16.39% of the issued and outstanding common shares of Goldbank on a non-diluted basis and 20.47% when assuming exercise of all 6,142,858 warrants held by Blizzard. Immediately after the closing of the private placement, Blizzard had ownership and control of 21,657,858 common shares and 8,142,858 share purchase warrants of Goldbank, representing approximately 15.48% of the issued and outstanding common shares of Goldbank on a non-diluted basis and 20.13% when assuming exercise of all 8,142,858 warrants held by Blizzard. Blizzard's purchase of securities in the private placement was made for investment purposes. Blizzard may in the future wish to increase or decrease its shareholdings in Goldbank as circumstances warrant. Such circumstances may include but are not limited to compliance with applicable securities laws, general market and economic conditions, business prospects of Goldbank and investment and business opportunities available to Blizzard. The head office of Goldbank is located at 702 889 West Pender Street, Vancouver, BC, V6C 3B2. A copy of the early warning report for Blizzard filed under National Instrument 62-103 may either be obtained under Goldbank's profile on www.sedar.com or by contacting Blizzard. On behalf of the Board of BLIZZARD FINANCE CORP. PER: "James Boyce" James Boyce President & Director The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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