11:09:17 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Gold Bullion Development Corp
Symbol GBB
Shares Issued 356,201,185
Close 2016-07-28 C$ 0.11
Market Cap C$ 39,182,130
Recent Sedar Documents

Gold Bullion to issue 717,950 shares for $71,795 debt

2016-07-28 21:13 ET - News Release

Mr. Frank Basa reports

GOLD BULLION ISSUES SHARES FOR DEBT

Further to the news release dated May 25, 2016, Gold Bullion Development Corp. has now agreed to settle its debt obligations with creditors of the company in the amount of $71,795.03 payable by issuing 717,950 common shares in the capital of the company at a price of 10 cents per common share. The shares issued pursuant to the debt settlement transaction will be subject to a four-month-and-one-day hold period. The shares-for-debt transaction remains subject to the acceptance from the TSX Venture Exchange.

We seek Safe Harbor.

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