02:07:34 EDT Sat 05 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

Subject: Anthony Beruschi - early warning news release PDF Document

File: Attachment NR Early Warning 2025 02 07 AJB.pdf

ANTHONY J. BERUSCHI

Suite 702 - 889 West Pender Street, Vancouver, BC V6C 3B2 Tel: 604.669.3116

February 7, 2025

NEWS RELEASE

Pursuant to: National Instrument 62-103

Mr. Anthony Beruschi ("Mr. Beruschi") announces that on February 6, 2025 he acquired ownership of 8,205,569 common shares of Goldbank Mining Corporation ("Goldbank") at a deemed price of $0.20 per share (the "Acquisition") 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 February 6, 2025 which can be found on www.sedarplus.ca under Blizzard Finance Corp.'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% of the issued and outstanding common shares of Goldbank on a non-diluted basis and 55.70% 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% of the issued and outstanding common shares of Goldbank on a non-diluted basis, an increase of about 4.27%, and 59.40% when assuming exercise of all 22,615,714 warrants and 6,996,000 options held by Mr. Beruschi, an increase of about 3.70%.

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 702 889 West Pender Street, Vancouver, BC, 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 www.sedarplus.ca or by contacting Mr. Beruschi.

"Anthony J. Beruschi"

ANTHONY J. BERUSCHI

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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