Gold Bullion Development (OTC Other: GBBFF; TSX-V: GBB) has raised gross proceeds of $8 million at $0.54 per share with a half a warrant exercisable at $0.75 for up to one year.
As with other financings, proceeds from this closing will be used for the next stage of development of the Company’s Granada Gold Property in northwestern Quebec, five kilometers south of Rouyn-Noranda.
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