Golden Bridge Mining Corporation Provides Corporate Update
/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./
TORONTO, March 2, 2013 /CNW/ - Golden Bridge Mining Corporation ("Golden Bridge" or the "Company") (TSX-V: GBM), a company listed on the TSX Venture Exchange, hereby announces that the Company has satisfied the terms of the Hébécourt Option Agreement for 2012. Specifically, Golden Bridge has completed and satisfied the obligations and commitments for the cash payment, exploration expenditures, and capital stock payment for the first year anniversary of the Option Agreement.
The Company is continuing with its corporate objective of the exploration and development of the Hébécourt Project in Québec, Canada.
Golden Bridge announces that Schwartz Levitsky Feldman LLP ("SLF") resigned as auditors of the Company, effective March 1, 2013, at the request of the Company. Effective March 1, 2013, Deloitte LLP ("Deloitte") has been appointed as the Company's successor auditors.The resignation of SLF and the appointment of Deloitte have been approved by the Board of Directors of the Company. There were no reservations in the SLF's reports for the two most recently completed fiscal years and there have been no reportable events (as such term is defined in National Instrument 51-102 - Continuous Disclosure Obligations) between the Company and SLF. On March 1, 2013, the Company provided notice of termination of its investor relations agreement with Cutler McCarthy Inc. The Company appreciates the service provided by Cutler McCarthy Inc. in the past and expresses its gratitude for the firm's contributions to Golden Bridge. 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, Canada. The Company is now classified as a Tier 2 "Mineral Exploration" issuer company listed on the TSX Venture Exchange.
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