via MarketWired - GBN Proposed Amalgamation With Wholly Owned Subsidiary

GBN may already have completed an amalgamation just prior to the commencement of the defeasment irrevocability trust(the capital raise that lasted five years) and need not make an additional step in this direction.

The news was that this subsidiary was acquired from CDG investments, and the associated royalties were bought out.

But what might really have occurred is the crown corporation, Jolu Development Corporation was conferred on Golden Band, or has now BECOME Golden Band.

That means all of the associated rights operating under similar rules to the SDMC are now a part of Golden Band.  The name of Golden Nand might just simply disappear, and the Jolu Development Corporation emerge.

The sought after amalgamation had occurred in the months preceding the commencement if the in-substantive deasance, and does not need to be enacted, because it was already done. In 2010!

But this is also party to crown involvement.

http://www.marketwired.com/press-release/golden-band-resources-inc-proposed-amalgamation-with-wholly-owned-subsidiary-tsx-venture-gbn-1105637.htm

-F6