Vancouver, British Columbia--(Newsfile Corp. - September 21, 2017) - Bullman MineralsInc. (TSXV: BUL) (the "Issuer") announces, further to advice from D&S InternationalInvestments Ltd. ("D&S") (AnpingWang & Xinyu Zhang, beneficial owners) which is a control person of theIssuer, and further to the early warning requirements of applicable legislation, D&S, with an address of Unit 1005, 10/F, Prosperous Building, 48-52Des Voeus Road Central, Hong Kong, acquired 5,678,076common shares of the Issuer representing 4.4% of the issued and outstandingcommon shares of the Issuer pursuant to offshore purchase & saletransactions at market as at the agreement date. D&S now holds 76,877,975 commonshares of the Issuer representing 59.8% of the issued and outstanding commonshares of the Issuer. The common shares were acquired for investment purposesand the acquiror may acquire ownership of additional common shares of the Issuer. D&S is acting independently andis concurrently filing an early warning report with the applicable securitiesregulators in respect of the above transaction which will be available atwww.sedar.com under Bullman's SEDAR profile.
On behalf of the Board of Directors
Peter Yue, CEO and Director
Contact:Peter Yue (604)336-8618
About Bullman
The Issuer owns100% of the Siguri gold project and Balandougouba gold project in Guinea,West Africa. Both projects consistof six mining licenses with eachlicense covering between one and two square kilometers. Environmental permits have alsobeen secured which licenses and permits allow the Issuer to engage inmining extraction in the two project areas.
In addition, the Issuer renewed six exploration permitswith respect to surrounding lands. The six explorationpermits was obtained in May of 2013 covering roughly 600 square kilometersand were due to expire in Mayof this year.After returning 50% of the gross permittedlands to the government of Guinea as requiredbythe Guinea mining law, the exploration permits were extended for anadditional 2 years. The Issueris carrying out exploration programs on both of its projectsand planning to commence trial surface mining withthe financing proceeds received.
Forward-LookingStatements
Thisnews release contains certain forward-looking statements within the meaning ofapplicable securities law. Forward-looking statements are frequentlycharacterized by words such as "plan", "expect", "project", "intend","believe", "anticipate", "estimate" and other similar words, or statements thatcertain events or conditions "may" or "will" occur. In particular,forward-looking statements in this press release include, but are not limitedto, statements with respect to the business of the Issuer. Although the Issuerbelieves that the expectations reflected in the forward-looking statements arereasonable, there can be no assurance that such expectations will prove to becorrect. Such forward-looking statements are subject to risks and uncertaintiesthat may cause actual results, performance or developments to differ materiallyfrom those contained in the statements.
UnitedStates Statement
The securities referred to in this news releasehave not been,nor will they be, registered under the United States Securities Act of 1933, as amended,and may not be offered or sold within the United States or to, or for the account or benefitof, U.S. persons absent U.S. registration or an applicable exemption from theU.S. registration requirements. This news releasedoes not constitute an offer for sale of securities for sale, nor a solicitation for offersto buy any securities. Any public offering of securities in the UnitedStates must be made by means of a prospectus containing detailedinformation about the company and management, as wellasfinancial statements.
Neither the TSX VentureExchange nor its Regulation Services Provider(as that term is definedin the policiesof the TSX VentureExchange) accepts responsibility for theadequacy or accuracy of this release.
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