/THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS
NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES, AND DOES NOT
CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL
ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES./
TSX VENTURE EXCHANGE: GBM
TORONTO, April 26, 2013 /CNW/ - Golden Bridge Mining
Corporation ("Golden Bridge") (TSX-V: GBM), a company listed on the
TSX Venture Exchange (the "Exchange"), is pleased to announce a
non-brokered private placement financing (the "Offering") through
the sale of units (each a "Unit") at a purchase price of
$0.29 per Unit to raise gross
proceeds of up to $1,000,000 in
total. Each Unit will consist of one common share in the capital of
Golden Bridge (a "Common Share"), and one half of one common share
purchase warrant (each whole warrant, a "Warrant"). Each Warrant
shall entitle the holder thereof to acquire one Common Share at a
price of $0.46 for a period of 12
months from the closing of the Offering. A cash fee equal to 8% of
the gross proceeds raised under the Offering may be payable as a
finder's fee to certain individuals at arm's length to Golden
Bridge at its discretion.
The net proceeds of the Offering will be used to
fund Golden Bridge's mineral
exploration program for the Hébécourt Project in the Province of
Québec and for general working capital purposes.
The Offering remains subject to certain
conditions including, but not limited to, the approval of the TSX
Venture Exchange.
About Golden
Bridge
Golden Bridge,
formerly a capital pool company named Greater China Capital Inc., was incorporated
under the laws of the Province of Ontario and is engaged in mineral exploration
on mineral claims known as the Hébécourt Project in the Province of
Québec.
The Company is now classified as a Tier 2
"Mineral Exploration" issuer company listed on the TSX Venture
Exchange.
READER ADVISORY
The TSX Venture Exchange Inc. has in no way
passed upon the merits of the proposed transaction and has
neither approved nor disapproved the contents of this press
release.
Statements in this press release may contain
forward-looking information. Any statements that are contained in
this press release that are not statements of historical fact may
be deemed to be forward looking statements. Forward-looking
statements are often identified by terms such as "may", "should",
"anticipate", "expects" and similar expressions. Forward-looking
information in this press release includes statements with respect
to the completion of the Offering and the expected use of proceeds
of the financing. The reader is cautioned that assumptions used in
the preparation of any forward-looking information may prove to be
incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of Golden Bridge. The reader is
cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this press release are
expressly qualified by this cautionary statement.
The forward-looking statements contained in
this press release are made as of the date of this press release,
and Golden Bridge does not undertake
any obligation to update publicly or to revise any of the included
forward-looking statements, whether as a result of new information,
future events or otherwise, except as expressly required by
securities law.
ON BEHALF OF THE BOARD
"Charles Qin"
Charles Qin,
Chief Executive Officer and Director
Neither 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.
SOURCE Golden Bridge Mining Corporation