via Market Wire - Golden Band Voluntarily Delists NEX(old news)

I had not seen this particular website which explicitly states that GBN.H was voluntarily delisted. The news release also explicitly states that GBN.H will voluntarily give up its reporting status.

What is implied by becoming a non-reporting issuer is that the company continues as a going concern. Notably the stock is very closely held.

Point of law.

http://www.marketwired.com/press-release/golden-band-resources-announces-voluntary-delisting-from-nex-2152037.htm

via BCSC - Process For Cease To Be A Reporting Issuer(old news)

This is the filing to cease to be a reporting issuer. What is not mentioned is that one of the conditions that permit the voluntary surrender of reporting status is the closing of a defeasance irrevocability trust(or a winding up - but the company did not reorganize under the winding up and insolvency act -a point of law)

http://www.bcsc.bc.ca/ViewDocument.aspx?DocNum=U7RBU6I5N7E5Q7J6B6BDW7CAR7E3

found here:

http://www.bcsc.bc.ca/News/Weekly_Reports/Updates_for_the_week_ending_August_26__2016/

via MiningSecuritiesLaw.com - Denton's Mining Law

Because the immense cost of capital, defeasance asset-based capital raise, quasi-reorganization and extiguishment of shares(meaning conversion from common to preferred) of Golden Band, and the change-in-control put, all requiring staggering cost, someone is bound to toot their own horn.

Denton's mining law's website gives some insight as to the rôle they played, and this is one if the biggest mining law firms in the world:

Procon Mining & Tunnelling Ltd. (Procon)