Gold Bullion To Spin-Off Castle Silver Mine

Gold Bullion Development (OTC Other: GBBFF; TSX-V: GBB) seeks to spin off its Castle Silver Mine property to Gold Bullion shareholders.  The Company anticipates that the proposed spin-off will be in the form of shares of newly incorporated, public company called Castle Silver Mines Inc. 

The Castle Silver Mine, which is located in the Gowganda mining district of Ontario, includes 34 claims and 2 parcels located in the Haultain and Nicol Townships of Ontario. 

This is terrific for shareholders of Gold Bullion as they will now realize some value from these assets which were getting little or no value as part of Gold Bullion. 

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