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Anglo-Bomarc Mines Ltd (NPL)
Symbol ANB
Shares Issued 28,346,505
Close 2014-09-26 C$ 0.04
Market Cap C$ 1,133,860
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ORIGINAL: Anglo-Bomarc to acquire 50% of Golden Jade property

2014-09-30 17:51 ET - News Release

Received by email:

File: Anglo-NR-GJM-201409-V5.pdf

                        Anglo-Bomarc Mines Ltd.
                     1873 12th Avenue West, Vancouver, British Columbia V6J 2E7

                                            News Release

         Acquisition of "Golden Jade" Property and Appointment of New Directors

Sept. 25, 2014                                                                               TSX-V: ANB

Vancouver, British Columbia: Russell Marshall, President and CEO of Anglo-Bomarc Mines Ltd. (the
"Company") is pleased to announce that the company has entered into a letter agreement dated Aug. 25,
2014 (the "LOI") with Golden Jade Mining Inc. (GJM), pursuant to which the Company will acquire (the
"Acquisition") 50% interest in the Golden Jade Property (the "Property") located in the Province of
British Columbia, Canada.

As part of the transaction, the company has appointed Eva Miao and William Li to the board of
directors and Vice Presidents of Anglo, effective Aug. 25, 2014. In addition, the company has
appointed Eva Miao as Chief Operation Officer (COO) and William Li as Chief Mining Officer (CMO)
to assist the company to complete the transaction, raise capital and continue operation.

The Acquisition is an arm's length transaction and, as such, will not be subject to shareholder approval.

GJM is a private mining company incorporated in 2004 which holds properties in the Province of British
Columbia Canada for the purpose of exploring, developing and operating mineral resources, especially
for gold, jade and gem stones resources.

The Golden Jade Property

The Golden Jade Property is located in southwestern British Columbia where the Fraser River is
generally considered to be the boundary between the Cascade Mountains to the south and east and Coast
Range to the north and west. It is part of a major structure called Hozameen fault Zone and cover part of the
Ladner Group sediments of Jurassic age. This structure is also known as the "Coquihalla � Serpentine Gold
Belt" and host several known lode gold occurrences and past producing mines. The majority of the gold
occurrences including Carolin's Idaho zone gold deposit is found east of the Hozameen Fault zone in the
Ladner Slate Formation and favour the greywacke unit. There have been known gold, jade and gem
stones occurrence in the area.

The Property consists of 20 placer claims covering approximately 416.50 hectares located in Boston Bar
area, southwestern British Columbia. GJM is 100 percent owner of all the claims except for one claim
which it owns 50%.

A NI 43-101 technical report with respect to the Property will be prepared for the Company.

Proposed Acquisition

Upon the TSXV's approval, the Company will issue a total of 28,000,000 common shares of the
Company to the shareholders of GJM in exchange of 50% interest in the property.
 Completion of the Acquisition is subject to a number of conditions, including, but not limited to:
1. Completion of the Financing (as defined below) concurrently with the closing of the
Acquisition;
2. Completion of due diligence reviews, with results satisfactory to the Company;
3. Execution and delivery of the definitive agreement with respect to the Property;
4. TSXV and Anglo board of directors approval

In addition, pursuant to the terms of the LOI, the parties have agreed that, upon closing, Eva Miao will be
appointed as CEO and Corporate Secretary of Anglo, William Li will be appointed as CFO and President
of Anglo. Further, Eva Miao will be appointed as Audit Committee Chair.

GJM will be the mining operator for the project of Anglo.

Financing

Concurrently with the Acquisition, the Company will conduct a non-brokered private placement
(the "Financing") pursuant to which it shall issue 40,000,000 common shares at a price of $0.05 per share
for gross proceeds of $2 million. Each common share will include one warrant to purchase one common
share at $0.10 within six months upon closing.

Anglo will arrange $300,000 financing to pay its liabilities and related financing cost. GJM will arrange
$1,700,000 for the project operation cost, working capital and general corporate purposes.

In accordance with applicable securities legislation, all securities issued will be subject to a hold period of
four months and a day from the date of completion of the Financing.

Directors, Officers and Other Insiders

Eva Miao

Ms. Eva Miao is a business professional with over 20 years of broad experience in the areas of
management, corporate finance and accounting, capital market and investment, as well as international
trade, business development and operations.

Ms. Miao is the CEO and Director of Golden Jade Mining Inc. Ms. Miao also serves as CFO and Director
of Success Mining Group Ltd. Ms. Miao is in charge of corporate strategies and directions, business
planning, development and operations. She oversees government relations, sales and marketing,
accounting and finance, due diligence, corporate governance and compliance, raising funds, capital
structure, and general corporate management. In addition, Ms. Miao is the founder, CEO, President and
Director of Success Group International Holdings Corp., company provides consulting services for
business investment and management, as well as to assist private company to go public and public
companies in corporate finance, merger and acquisition, investor relations, corporate governance,
business development and management.

Ms. Miao was an investment advisor and financial advisor at Edward Jones. She completed Canadian
Securities Certificate, Conduct and Practices Handbook Course (CPH) and Canadian Insurance Course
(CIC) at Canadian Securities Institute (CSI) and was licensed in the Province of British Columbia Canada
in 2008. Prior to that, Ms. Miao worked in management positions in various business entities for many
years.
 Ms. Miao holds MBA degree from Webster University US and Shanghai University of Finance and
Economics. She also holds Bachelor of Economics Degree in International Trade from Shanghai
International Studies University.

Ms. Miao's strengths lie in leadership and strategic direction. Her success has been founded on a belief in
corporate value, communication, business development as well as team building and strong leadership.

William Li

Mr. William Li is a professional engineer with over 25 years experience in project management, property
exploration and evaluation, as well as operation and environmental compliance. He has extensive and
practical experience in mining exploration, development and production, especially in metallurgic
engineering, project establishment and operation. Besides, he has strong experience in property building
and construction, mechanical engineering and maintenance. Mr. Li owns broad experience in corporate
management and business development.

Mr. Li is the President, CFO and Director of Golding Jade Mining Inc. In addition, Mr. Li serves as
President, CEO and Director of Success Mining Group Ltd. Mr. Li is responsible for identifying and
sourcing exploration mining properties, developing projects and conducting operations. He is also in
charge of capital raising, project planning, cost control, financial estimates, and business development.

Prior to that, Mr. Li worked as a metallurgical and materials engineer at North East Light Alloy
Fabrication Plant in China for over ten years.

Mr. Li holds Bachelor of Engineer Degree in Metallurgical and Materials Engineer from China Central
South University. The degree and related working experience were accredited by Canadian Council of
Professional Engineers (CCPE).

For more information of this transaction, please contact the company.


Anglo-Bomarc Mines Ltd.


Signed "Russell Marshall"
Russell Marshall
President and CEO

For further information contact:
Eva Miao � COO and Director

Tel: 604-215-1568
Email:info@anglo-bomarc.com
www.anglo-bomarc.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
 


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