Global Finishing, Inc.

Global Finishing, Inc.

October 30, 2007 15:44 ET

Global Finishing Signs a Working Agreement

QUEBEC CITY, QUEBEC--(Marketwire - Oct. 30, 2007) - Richard Diotte President Global Finishing Inc. (FRANKFURT:G8BA) is pleased to announce that it has entered into a working agreement with of Gold Bullion Development Corp. (TSX VENTURE:GBB) Global Finishing Inc. regarding the Joe Mann Mine located some 64 km south of the town of Chibougamau, Quebec.

The working agreement will enable Gold Bullion Development and Global Finishing to become equal partners splitting and sharing costs and profits on a 50/50 percentage basis on milling, mining and support services prorated after payment from production.

This working agreement is designed to accelerate the capital expenditure program at the Joe Mann Gold Mine. Gold Bullion has already started an initial phase of drilling on October 12, 2007 which will evaluate the extension of the known mineralized structure at depth. A re-evaluation of the mining method and a recalculation of the mineral resources of the Joe Mann will begin next week. During the second week of November, a date will be set to call back employees at work to restart the mining and milling of ore.

Global Finishing has committed a first 1,000,000$ to the working agreement and will be raising additional funds for both companies as needed, using traditional institutional equity financing and an innovative gold program

The acquisition of the Joe Mann by the Company and the additional working agreement are both subject to the approval of the regulatory bodies.

Since 1956 the Joe Mann gold Mine has produced 1,253,869 ounces of gold.


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