Standard & Poor’s Listed

12G3-2(b): 82-4000

Standard & Poor’s Listed

TSX Venture Exchange: GLB

OTC: GLBKF

June 9, 2017

GOLDBANK INCREASES FINANCING

Goldbank Mining Corporation (“Goldbank”)( TSX.V-GLB) is very pleased to announce that its

private placement announced June 6, 2017 in connection with its acquisition of 100% of the

Leota Gold Project has been increased to up to $750,000 comprised of 10,000,000 units at a

price of $0.075 per unit. Each unit consists of one common share and one -half of a three-year

transferable warrant with one warrant entitling the holder to purchase one additional common

share of Goldbank at a price of $0.15 per share. Part of the financing will be issued on a flow -

through basis. Certain directors and officers are parti cipating in the financing as approved by

independent directors. Goldbank is relying on an exemption from the related party requirements

of MI 61 -101.Finder’s fees may be paid on a portion of the private placement. The financing

including any finder’s fees to be paid is subject to acceptance for filing by the TSX Venture

Exchange.

Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in

the Klondike Goldfields near Dawson City, Yukon, Canada.

For further information plea se contact Goldbank’s president, Jim Boyce, either by e -mail at

[email protected] or by phone at 604.683.3288.

GOLDBANK MINING CORPORATION

PER: “James Boyce” Suite 702 – 889 West Pender Street

Vancouver, BC CANADA V6C 3B2

JAMES BOYCE Telephone: 604.683.3288

President & CEO Toll Free: 1.888.880.2288  Email: [email protected]

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequa cy or the accuracy of this release.

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no

right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohib it information of this type in

documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of

mineral deposits on our properties. This news release may contain forward -looking statements includ ing but not limited to

comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles,

potential mineral recovery processes, etc. Forward -looking statements address future events and conditions a nd therefore

involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.