Golden Bridge Mining Corporation announces private placement of up to 1,000,000 Flow-Through common shares for proceeds of up t

    




 TSX VENTURE EXCHANGE: GBM     

 TORONTO, Aug. 2, 2012 /CNW/ - Golden Bridge Mining Corporation ("Golden  Bridge") , a company listed on the TSX Venture Exchange  (the "Exchange"), hereby announces a non-brokered private placement of  up to 1,000,000 Flow-Through common shares (the "Flow-Through Shares")  at a price of $0.28 per Flow-Through Share for gross proceeds to Golden  Bridge of up to $280,000. The net proceeds of the offering will be used  for mineral exploration for Golden Bridge's Hébécourt project in  Québec. Golden Bridge will pay a finders' fee of 8% of the gross  proceeds of the private placement to certain persons who are at arm's  length 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. 

 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 Greater China. 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. 

 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 CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF  AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED  STATES. 

 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. 



Golden Bridge Mining Corporation


CONTACT:  Golden Bridge Mining CorporationCharles Qin, Chief Executive Officer and Director1020 Denison Street,Suite 200,Markham, Ontario, CanadaL3R 3W5Telephone: [phone]Facsimile:  [phone] 


    

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