GBM Gold Ltd. announced audited consolidated earnings results for the for year ended 30 June 2016. For the year, sales revenue was AUD 89,977, loss from continuing activities was AUD 1,071,733, loss for the year from continuing operations was AUD 1,071,733 and loss for the year attributable to owners of GBM Gold Ltd. was AUD 1,071,733 or 0.001 cents per diluted share against loss from continuing activities of AUD 1,344,292, loss for the year from continuing operations of AUD 1,344,292 and loss for the year attributable to owners of GBM Gold Ltd. of AUD 1,344,292 or 0.002 cents per diluted share for the same period a year ago. Net cash outflow from operating activities was AUD 561,818 against AUD 2,223,710 a year ago. Acquisition of property, plant & equipment was AUD 6,243,713. Acquisition of exploration and evaluation assets was AUD 204,315 against AUD 243,540 a year ago.