Bullman Minerals Inc.: Control Person Early Warning Report
Vancouver, September 21, 2017 - Bullman Minerals Inc. (TSXV: BUL) (the "Issuer") announces, further to advice from D&S International Investments Ltd. ("D&S") (Anping Wang & Xinyu Zhang, beneficial owners) which is a control person of the Issuer, and further to the early warning requirements of applicable legislation, D&S, with an address of Unit 1005, 10/F, Prosperous Building, 48-52 Des Voeus Road Central, Hong Kong, acquired 5,678,076 common shares of the Issuer representing 4.4% of the issued and outstanding common shares of the Issuer pursuant to offshore purchase & sale transactions at market as at the agreement date. D&S now holds 76,877,975 common shares of the Issuer representing 59.8% of the issued and outstanding common shares of the Issuer. The common shares were acquired for investment purposes and the acquiror may acquire ownership of additional common shares of the Issuer. D&S is acting independently and is concurrently filing an early warning report with the applicable securities regulators in respect of the above transaction which will be available at www.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 owns 100% of the Siguri gold project and Balandougouba gold project in Guinea, West Africa. Both projects consist of six mining licenses with each license covering between one and two square kilometers. Environmental permits have also been secured which licenses and permits allow the Issuer to engage in mining extraction in the two project areas.
In addition, the Issuer renewed six exploration permits with respect to surrounding lands. The six exploration permits was obtained in May of 2013 covering roughly 600 square kilometers and were due to expire in May of this year. After returning 50% of the gross permitted lands to the government of Guinea as required by the Guinea mining law, the exploration permits were extended for an additional 2 years. The Issuer is carrying out exploration programs on both of its projects and planning to commence trial surface mining with the financing proceeds received.
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, forward-looking statements in this press release include, but are not limited to, statements with respect to the business of the Issuer. Although the Issuer believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.
United States Statement
The securities referred to in this news release have 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 benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
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