EX-99.1 2 exhibit99-1.htm EXHIBIT 99.1 GREAT BASIN GOLD LIMITED: Exhibit 99.1 - Filed by newsfilecorp.com

Ground Floor, 138 West Street
Sandton, 2146, South Africa

Toll Free: 1 888-633-9332
South Africa 27 (0) 11 301 1800
www.grtbasin.com

 

INSOLVENCY UPDATE

May 22, 2013 – Great Basin Gold Limited (the “Company”) announces that further to its news release of April 29, 2013 the sale of its Nevada assets and operations including the Hollister trial mine and Esmeralda mill has completed substantially on the terms disclosed in that news release except that the term of the net profits royalty may be terminated after five years in certain events.

For additional information about Great Basin Gold Limited, please visit the Company’s website at www.grtbasin.com or contact info@grtbasin.com.

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