Standard & Poor’s Listed
12G3-2(b): 82-4000
Standard & Poor’s Listed
TSX Venture Exchange: GLB
OTC: GLBKF
August 21, 2017
$1,200,000 PRIVATE PLACEMENT
Goldbank Mining Corporation (“Goldbank”)(TSX.V-GLB) is pleased to announce that it has
agreed to a private placement financing of $1,200,000 comprised of the sale of 10,000,000 units
at $0.12 per unit. Each unit consists of one common share and one half transferable warrant
with two warrants entitling the holder to purchase one additional share at a price o f $0.18 per
share for three years . Blizzard Finance Corp., an unlisted British Columbia reporting company
with a common director, is participating in the financing as appr oved by independent directors .
Mr. Anthony Beruschi, a control person, is also participating in the financing. Goldbank is relying
on an exemption from the related party requirement s of MI 61-101. A portion of the financing is
on a flow -through basis. Units will entitle holders to receive the tax benefits applicable to flow -
through shares in accordance with provisions of the Income Tax Act (Canada). Proceeds of the
financing will be used for working capital and for exploration of Goldbank’s Klondike properties.
The financing 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 please e-mail [email protected].
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 adequacy or the accuracy of this release .
Cautionary Note to US Inv estors: 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 prohibit information of this typ e 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 including but not limited to
comments regarding the timing and cont ent of upcoming work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward -looking statements address future events and conditions and therefore
involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.