Goldbank Mining Corporation announced a private placement of up to 35,000,000 units at a price of CAD 0.06 per unit for gross proceeds of up to CAD 2,100,000 on March 14, 2022. Each unit consists of one common share and one transferable warrant, each such warrant entitling the holder to purchase one additional share at a price of CAD 0.08 per share for five years. A finder's fee may be paid on a portion of the transaction.

The transaction is subject to acceptance for filing by the TSX Venture Exchange.