CIM INTERNATIONAL GROUP INC. (FORMERLY GOLDEN BRIDGE DEVELOPMENT CORPORATION) ANNOUNCES COMMENCEMENT OF TRADING ON CSE
Toronto, Ontario – May ●, 2016 –CIM International Group Inc. (formerly Golden Bridge Development Corporation) (the “Company”) is pleased to announce that the Canadian Securities Exchange (the “CSE”) has advised it that the common shares of the Company will commence trading on the CSE on Monday, May 9, 2016 under the stock symbol “CIM”. A copy of the CSE Listing Statement for the Company can be found on the CSE website and under the Company’s profile on SEDAR at www.sedar.com.
The CSE listing follows the completion by the Company on April 29, 2016 of a previously announced reorganization and securities exchange (the “Transaction”) which resulted in a change of control of the Company, among other things. See the press release of the Company dated April 29, 2016 for further details of the Transaction. Prior to the closing of the Transaction, the common shares of the Company were delisted from the Toronto Venture Exchange at the request of the Company.
About CIM International Group Inc.
CIM International Group Inc. is a Canadian company headquartered in the greater Toronto area and is classified on the CSE as a Diversified Industries company engaged in real estate development investment and in mineral resources exploration and development in Canada. The primary focus of the Company is to seek additional attractive residential real estate development opportunities in the Toronto area, mineral resource exploration and development properties in Canada, and other attractive business investment opportunities in Canada on an active and passive ownership basis.
For further information:
CIM International Group Inc.
Mr. Jiubin Feng,
President and Chief Executive Officer
9140 Leslie Street, Suite 310
Richmond Hill, Ontario
L4B 0A9
Tel: (905) 597-8858
Forward-Looking Statements
This press release contains or refers to forward-looking information, including statements regarding the listing of the Company on the CSE and the future objectives of the Company, and is based on current expectations that involve a number of risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, delays in listing on the CSE, changes in equity markets, difficulty in raising capital and delays or changes in the development of the real estate project underlying the Company’s investment. Any statements that involve predictions, expectations, beliefs, plans, projections, objectives, assumptions or that refer to future events or performance (often, but not always, using phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, to occur” or to be achieved) are not statements of historical fact and are intended to identify forward-looking statements. Forward-looking statements are subject to significant risks and uncertainties, and other factors that could cause actual results to differ materially from expected results. Readers should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by law.