May 10 (Reuters) - GBM Gold Ltd GBM.AX :
* ANNOUNCES FULLY UNDERWRITTEN 1 FOR 1 NON- RENOUNCEABLE RIGHTS ISSUE AT AN ISSUE PRICE OF $0.006 PER SHARE TO RAISE $6.67 MILLION
* FUNDS RAISED UNDER RAISING WILL BE USED TO REPAY UNITY MINING LTD DEBT, AMONG OTHER THINGS