Golden Bridge Mining Corporation Announces Corporate Update, Name Change, and Amendment to Terms of Option Agreement - WBOY.com: Clarksburg, Morgantown: News, Sports, Weather

Golden Bridge Mining Corporation Announces Corporate Update, Name Change, and Amendment to Terms of Option Agreement

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Toronto, ON / ACCESSWIRE /August 28, 2014 / Golden
Bridge Mining Corporation (TSXV:
GBM) (“Golden Bridge,” or “the Company”) hereby announces that the Company has approved the increase in the number
of directors of the Company from six (6) to seven (7) at a Special Meeting of
Shareholders held on August 28, 2014.

At the Special Meeting, shareholders of the Company elected Mr.
John Eansor to the Board of Directors of the Company. Mr. Eansor is the managing
director of Norvista Resources Corporation and brings over 30 years of business
experience in the resources industry and investment sector.

At the Special Meeting, Shareholders of the Company have
approved, subject to the approval of the TSX-Venture Exchange, Articles of
Amendment changing the name of the Company to Golden Bridge Development
Corporation (“Golden Bridge”).

Effective August 28, 2014, Golden Bridge announces that it has
amended the terms of its option agreement with respect to the Hebecourt Property
located near Rouyn-Noranda, Quebec. Under the terms of the amending agreement,
the Company has extended the date for the incurrence of $274,000 in the
exploration expenditures commitment, related to the third anniversary, for one
year to August 28, 2015.

About Golden Bridge

Golden Bridge was incorporated under the laws of the Province
of Ontario and is engaged in mineral resource exploration and development in
Canada. The Company is classified as a Tier 2 “Mineral Exploration” issuer
company listed on the TSX Venture Exchange

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.

ON BEHALF OF THE BOARD

“Charles Qin”

Charles Qin, Chief Executive Officer and Director

For further
information:

Golden Bridge Mining Corporation

Charles
Qin,
Chief Executive Officer and Director
30 Wertheim Court, Unit 9B,
Richmond Hill, Ontario, Canada
L4B 1B9
Telephone: (905)
604-2351

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 

ReleaseID: 419702