Goldbank Mining Corporation (TSXV:GLB) announced a private placement of 8,000,000 units at a price of CAD 0.075 per unit for gross proceeds of up to CAD 600,000 on June 6, 2017. Each unit consists of one common share and one-half of a three-year transferable warrant with one warrant entitling the holder to purchase one additional common share of the company at a price of CAD 0.15 per share. Part of the transaction will be issued on a flow-through basis. Certain directors and officers are participating in the transaction as approved by independent directors. Finder’s fees may be paid on a portion of the transaction. The transaction including any finder’s fees to be paid is subject to acceptance for filing by the TSX Venture Exchange.