/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
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TORONTO,
March 2, 2013 /CNW/ - Golden Bridge
Mining Corporation ("Golden Bridge" or the "Company") (TSX-V: GBM),
a company listed on the TSX Venture Exchange, hereby announces that
the Company has satisfied the terms of the Hébécourt Option
Agreement for 2012. Specifically, Golden
Bridge has completed and satisfied the obligations and
commitments for the cash payment, exploration expenditures, and
capital stock payment for the first year anniversary of the Option
Agreement.
The Company is continuing with its corporate
objective of the exploration and development of the Hébécourt
Project in Québec, Canada.
Golden Bridge
announces that Schwartz Levitsky Feldman LLP ("SLF") resigned as
auditors of the Company, effective March 1,
2013, at the request of the Company. Effective
March 1, 2013, Deloitte LLP
("Deloitte") has been appointed as the Company's successor
auditors.
The resignation of SLF and the appointment of
Deloitte have been approved by the Board of Directors of the
Company.
There were no reservations in the SLF's reports
for the two most recently completed fiscal years and there have
been no reportable events (as such term is defined in National
Instrument 51-102 - Continuous Disclosure Obligations)
between the Company and SLF.
On March 1, 2013,
the Company provided notice of termination of its investor
relations agreement with Cutler McCarthy Inc. The Company
appreciates the service provided by Cutler McCarthy Inc. in the
past and expresses its gratitude for the firm's contributions to
Golden Bridge.
About Golden
Bridge
Golden Bridge,
formerly a capital pool company named Greater China Capital Inc., was incorporated
under the laws of the Province of Ontario and is engaged in mineral exploration
on mineral claims known as the Hébécourt Project in the Province of
Québec, Canada.
The Company is now classified as a Tier 2
"Mineral Exploration" issuer company listed on the TSX Venture
Exchange.
READER ADVISORY
The TSX Venture Exchange Inc. has in no way
passed upon the merits of the proposed transaction and has neither
approved nor disapproved the contents of this press
release.
Statements in this press release may contain
forward-looking information. Any statements that are contained in
this press release that are not statements of historical fact may
be deemed to be forward looking statements. Forward-looking
statements are often identified by terms such as "may", "should",
"anticipate", "expects" and similar expressions. Forward-looking
information in this press release includes terms and conditions of
the qualifying transaction and associated transactions. The reader
is cautioned that assumptions used in the preparation of any
forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from
those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the
control of Golden Bridge. The reader is cautioned not to place
undue reliance on any forward-looking information. Such
information, although considered reasonable by management at the
time of preparation, may prove to be incorrect and actual results
may differ materially from those anticipated. Forward-looking
statements contained in this press release are expressly qualified
by this cautionary statement.
The forward-looking statements contained in
this press release are made as of the date of this press release,
and Golden Bridge does not undertake
any obligation to update publicly or to revise any of the included
forward-looking statements, whether as a result of new information,
future events or otherwise, except as expressly required by
securities law.
ON BEHALF OF THE BOARD
"Charles Qin"
Charles Qin,
Chief Executive Officer and Director
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
SOURCE Golden Bridge Mining Corporation