Standard & Poor’s Listed
12g3-2(b): 82-4000
Standard & Poor’s Listed
TSX Venture Exchange: GLB
OTC: GLBKF
September 19, 2023
EXPLORATION FINANCING
Goldbank Mining Corporation (“Goldbank”)(TSX.V-GLB) announces a private placement financing
comprised of the sale of 30,000,000 units at $0.05 per unit. Each unit consists of one common share
and one transferable warrant, each such warrant entitling the holder to purchase one additional
share at a price of $0. 065 per share for five years. Goldbank is relying on exemptions from the
related party requirements of MI 61 -101 for the participation by a control person of Goldbank in the
financing for up to $1,250,000 approved in advance by independent directors. A portion of the
financing is on a flow -through basis. Flow-through units entitle holders to receive the tax benefits
applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada) for
shares issued including on the exercise of warrants . Proceeds of the financing will be used for
exploration and development of Goldbank’s Klondike gold properties including costs related thereto
and for debt payments and working capital . The financing is su bject to acceptance for filing by the
TSX Venture Exchange.
Goldbank Mining Corporation is a Canadian exploration company actively exploring for gold in the
historic 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 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 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 content 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.