Oct 4 (Reuters) - GBM Gold Ltd GBM.AX :
* INVESTOR SUBSCRIBING TO 275 MILLION SHARES AT $0.01 PER SHARE FOR A PRIVATE PLACEMENT OF $2.75 MILLION
* FUNDS TO BE USED IN PROGRESSION OF KANGAROO FLAT SAND DAM PROJECT, AMONG OTHERS
Oct 4 (Reuters) - GBM Gold Ltd GBM.AX :
* INVESTOR SUBSCRIBING TO 275 MILLION SHARES AT $0.01 PER SHARE FOR A PRIVATE PLACEMENT OF $2.75 MILLION
* FUNDS TO BE USED IN PROGRESSION OF KANGAROO FLAT SAND DAM PROJECT, AMONG OTHERS