GDV.H Cardinal Capital Partners, Inc.

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0.00 (0.00%)

- - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type
Cardinal Capital Partners, Inc.	TSXV:GDV.H	TSX Venture	Ordinary Share

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%							0.00	-

GDV Resources Inc. Announces a Change of Control and Private Placement

22/12/2011 8:30pm

Marketwired Canada

GDV Resources Inc. (TSX VENTURE:GDV.H) (the "Company") has announced that its
controlling shareholder GC-Global Capital Corp. has agreed to sell 3,000,000
common shares of its 3,025,022 common shares of the Company in a private
transaction. The sale is expected to occur on December 31, 2011. A. Thomas
Griffis, Global Gold Limited and Michael Campbell will be purchasing 1,500,000,
1,000,000 and 500,000 common shares, respectively. The Company currently has
6,066,796 common shares issued and outstanding. Subsequent to the sale the
Company will seek to adjust to composition of its board of directors and its
officers.


The Company also advises that it plans to complete a 4,000,000 common share
private placement financing at a price of $0.05 per share for gross proceeds of
$200,000. The private placement is subject to the approval of the NEX Board of
the TSX Venture Exchange and other regulatory approvals.