Results Of Special Meeting Of Shareholders

11-09-10

A Special Meeting of Shareholders of Global Platinum + Gold, Inc. was held on the 29th day of October in Tucson, AZ, pursuant to notice. On the record date of September 17, 2010, there were 148,052,449 common shares issued and outstanding and entitled to vote at the Meeting.  90,363,477 common shares were present or voted by proxy at the meeting or the adjournment thereof.

At the Meeting held on the 29th of October there was some confusion as to the actual count of shares voting and the Meeting was adjourned until 4:00pm on Wednesday, the 3rd of November at the Company’s offices in Gilbert, AZ. All shares voting were tallied and certified by the Company’s transfer agent, American Registrar & Transfer Co of Salt Lake City, UT. Each of the five proposals voted upon required a majority of the issued and outstanding shares voting in favor of the proposals. All five proposals were passed, namely: (a) the name will be changed to BOURQUE INDUSTRIES, INC.; (b) Agreement and Plan of Reorganization approved whereby Global will acquire JBIT, Inc. in a stock for stock exchange; (c) increase in capitalization to 500,000,000 common shares and 100,000,000 preferred shares; (d) added a Article to limit the liability of Officers and Directors of the Company; and (e) approved a one for five reverse split of the Company’s issued and outstanding shares, with the lowest percentage vote being 57.47% for the one for five reverse split of the Company’s issued and outstanding shares.

Despite the Meeting having been initially adjourned, approximately 25 shareholders and interested persons were present at the Tucson Meeting. Mr. John M. Bourque, the proposed new President of Bourque Industries, Inc. addressed the Meeting and explained the Company’s change of direction to being a manufacturer of personal armor. Mr. Bourque is the inventor of a completely new and innovative armor utilizing an aluminum alloy infused with Kryron, a proprietary compound that gives the armor strike plates their unusual hardness and other advantageous qualities.  Mr. Bourque further explained there would be numerous other products coming online in the near future that utilize various metal alloys and kryron. He further noted that there are ongoing negotiations for both small and large orders for the armor plates and that as purchase orders come in, they will be announced to the shareholders.

The effective date of the foregoing corporate actions will be on or about November 30, 2010. Due to a new rule change, the Company is required to have all of the foregoing reviewed by FINRA, the successor to the NASD for the purpose of getting a new trading symbol, CUSIP number etc. An extensive filing will be made to FINRA and the expected review time is approximately 2-3 weeks.

In the meantime, the Company’s website will undergo renovation-not sure when.  So keep checking back and also review the JBIT website at: www.jbitusa.com.

 

This communication to shareholders and the public contain certain forward looking statements. Actual results may vary materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding estimated reserves, estimated future production, and the value thereof, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

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