Consolidated Big Valley Resources Inc.
TSX VENTURE : CBG

January 29, 2007 16:08 ET

Consolidated Big Valley Resources Inc.: Change of Name

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 29, 2007) - Consolidated Big Valley Resources Inc. (TSX VENTURE:CBG) -

The Company announces that it has received regulatory approval and will change its name to "Gold Bullion Development Corp." No consolidation of share capital will take effect. Effective Wednesday January 31, 2007 the common shares of the Company will begin trading under its new name "Gold Bullion Development Corp." and under the new symbol "GBB".

Shareholders wishing to exchange their share certificates which are under the old name "Consolidated Big Valley Resources Inc." may do so by contacting the Company's registrar and transfer agent, CIBC Mellon Trust Company at (604) 891-3023.

The Company is also working on a new website which will be up and running in the next week or so and shareholders are invited to view the same at http://www.goldbulliondevelopmentcorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Frank J. Basa, P.Eng., Chairman of the Board, President and Vice-President Exploration

The statements used in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's forward-looking statements and expectations.

This press release has been prepared by management.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Consolidated Big Valley Resources Inc.
    Frank J. Basa, P.Eng., Chairman of the Board
    President & Vice-President Exploration
    (604) 683-6648
    (604) 683-1350 (FAX)