Vancouver, B.C. October 4, 2023
Gold Bull Resources Corp. (TSX-V: GBRC) (“Gold Bull” or the “Company”) advises that further to the Company’s news release dated September 7, 2023, the Company’s 10:1 share consolidation (the “Consolidation”) will be effective October 10, 2023.
As a result of the Consolidation, the number of issued and outstanding Shares will be reduced from 98,346,867 to approximately 9,834,686, subject to adjustment for rounding. No fractional shares will be issued in connection with the Consolidation. If a holder of Shares would otherwise be entitled to a fraction of a share, then the number of post-Consolidation Shares issuable to such shareholder shall be rounded down to the next lower whole number. No cash consideration will be paid in respect of fractional shares. The exercise or conversion price and/or the number of Shares issuable under any of the Company’s outstanding convertible securities will be proportionately adjusted in connection with the Consolidation.
The Company’s new CUSIP/ISIN is: 380556407/CA3805564075
For more information, please refer to the Company’s September 7, 2023 news release.
ABOUT GOLD BULL RESOURCES CORP.
Gold Bull’s mission is to grow into a US-focused mid-tier gold development Company via rapidly discovering and acquiring additional ounces. The Company’s exploration hub is based in Nevada, USA, a top-tier mineral district that contains significant historical production, existing mining infrastructure and an established mining culture. Gold Bull is led by a Board and Management team with a track record of exploration and acquisition success.
Gold Bull’s core asset is the Sandman Project, located in Nevada which has a 494,000 oz gold resource as per 2022 43-101 Resource Estimate. Sandman is located 23 km south of the Sleeper Mine and boasts excellent large-scale exploration potential.
Gold Bull is driven by its core values and purpose which includes a commitment to safety, communication & transparency, environmental responsibility, community, and integrity.
President and CEO, Gold Bull Resources Corp.
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.