GBN: TSX Venture Exchange
SASKATOON, May 13 /CNW/ - Further to the news release issued April 27,
2009, Golden Band Resources Inc. (GBN: TSXV; the "Company") announced today
that it has increased the size of the offering announced in that news release.
The non-brokered flow-through private placement will now consist of up to
22,000,000 units at a price of $0.20 per share for gross proceeds of up to
$4,400,000. All other terms of the private placement as described in the April
27, 2009 news release remain the same. This financing is subject to the normal
regulatory approval of the TSX Venture Exchange. The securities offered hereby
will be subject to a four-month plus one-day hold period from the closing date
in accordance with applicable securities laws.
On behalf of the Board of Directors of Golden Band Resources Inc.,
"Rodney G. Orr"
Rodney G. Orr, P.Geo.,
President & CEO
All of Golden Band's exploration programs and pertinent disclosure of a
scientific nature are prepared and/or designed and carried out under the
supervision of Frank Hrdy, P.Geo., Golden Band's VP Exploration, who serves as
the qualified person (QP) under the definitions of National Instrument 43-101.
All of Golden Band's development-related programs and pertinent disclosure of
a development nature are prepared and/or designed and carried out under the
supervision of Gary Haywood, P.Eng., Golden Band's VP of Operations and COO,
who serves as the qualified person (QP) under the definitions of National
Cautionary Statements on Forward-Looking Information: The statements made
in this News Release may contain certain forward-looking information. Actual
results may differ materially from those currently anticipated in such
statements. Certain risk factors may also materially affect the actual results
achieved by the Company. Potential and current shareholders are cautioned not
to place undue reliance on forward-looking information. The Company disclaims
any intent and undertakes no obligation to update publicly or otherwise revise
any forward-looking information whether as a result of new information, future
events, or other such factors that may affect this information, except as
required by law.
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.
For further information:
For further information: Rodney Orr, President & CEO, Golden Band
Resources Inc., Phone: (306) 955-0787 x7123, Fax: (306) 955-0788, Email:
firstname.lastname@example.org; Investor Relations: Raju Wani, Wani
Capital Corp.: (403) 240-0555, Email: email@example.com,