08:01:16 EDT Wed 02 Jul 2025
Enter Symbol
or Name
USA
CA



Goldbank Mining Corp (2)
Symbol GLB
Shares Issued 191,992,655
Close 2025-02-06 C$ 0.175
Market Cap C$ 33,598,715
Recent Sedar Documents

Goldbank investor Beruschi acquires 8.2 million shares

2025-02-07 15:03 ET - News Release

Mr. Anthony Beruschi, an investor, reports

ANTHONY BERUSCHI - EARLY WARNING NEWS RELEASE

On Feb. 6, 2025, Anthony Beruschi acquired ownership of 8,205,569 common shares of Goldbank Mining Corp. at a deemed price of 20 cents per share for total deemed consideration of $1,641,113.93 pursuant to a private transaction, in settlement of a payment of $1,641,113.93 due to be made in accordance with a settlement agreement Mr. Beruschi is a party to. Further particulars of the transaction are disclosed in the news release issued by Blizzard Finance Corp. on Feb. 6, 2025, which can be found on SEDAR+ under Blizzard Finance's profile.

Prior to the acquisition, Mr. Beruschi had ownership and control, directly and indirectly, of 93,820,967 common shares, 22,615,714 share purchase warrants and 6,996,000 options of Goldbank, representing approximately 48.87 per cent of the issued and outstanding common shares of Goldbank on a non-diluted basis and 55.70 per cent when assuming exercise of all 22,615,714 warrants and 6,996,000 options held by Mr. Beruschi. The acquisition results in Mr. Beruschi having ownership and control, directly and indirectly, of 102,026,536 common shares, 22,615,714 share purchase warrants and 6,996,000 options of Goldbank, representing approximately 53.14 per cent of the issued and outstanding common shares of Goldbank on a non-diluted basis, an increase of about 4.27 per cent, and 59.40 per cent when assuming exercise of all 22,615,714 warrants and 6,996,000 options held by Mr. Beruschi, an increase of about 3.70 per cent.

Mr. Beruschi acquired the 8,205,569 common shares for business reasons and investment purposes. Mr. Beruschi may, in the future, wish to increase or decrease his 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 Mr. Beruschi.

The head office of Goldbank is located at Suite 702, 889 West Pender St., Vancouver, B.C., V6C 3B2. A copy of the early warning report for Mr. Beruschi filed under National Instrument 62-103 may either be obtained under Goldbank's profile on SEDAR+ or by contacting Mr. Beruschi.

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