Gold Bond Resources, Inc. Announces Statutory Merger Resulting in Change Of Domicile, Name Change, Reverse Stock Split and New Trading Symbol STAFFORD, Texas, Nov. 21 /PRNewswire-FirstCall/ -- Gold Bond Resources, Inc. (BULLETIN BOARD: GOBM) announced today that effective Monday, November 24, 2003, Gold Bond Resources, Inc. will complete a statutory merger with EnerTeck Corporation, a recently formed Delaware corporation and wholly- owned subsidiary of Gold Bond Resources, Inc. The statutory merger was approved by the shareholders of Gold Bond Resources, Inc. at a Special Meeting of Shareholders held on September 2, 2003. As a result of the statutory merger transaction, EnerTeck Corporation will become the surviving entity. This will change the Company's domicile from Washington to Delaware, and the Company's name to EnerTeck Corporation. Also, in connection with this statutory merger, the Company will recapitalize its common stock through a one for 10 reverse stock split whereby each 10 shares of common stock shall become one share of common stock on the effective date hereof. As a result of such recapitalization, EnerTeck Corporation will have approximately 9,791,899 shares issued and outstanding. Finally, effective Monday, November 24th, at the start of trading on the OTC Bulletin Board, the Company's new stock symbol will be ETCK. About EnerTeck Chemical Corp. EnerTeck Chemical Corp. is a wholly owned subsidiary of Gold Bond Resources, Inc. (whose name will change to EnerTeck Corporation, is the subject of the announcement contained herein), a company focused on the development and/or acquisition of combustion enhancement, emission reduction, and other environmentally friendly technologies. EnerTeck's diesel fuel specific combustion catalyst, EnerBurn, has begun to establish a foothold in the domestic diesel engine marketplace for use in on-road vehicles, locomotives and marine engines. The product is also being sold in Europe, Japan, Latin and South America. Additional information can be obtained by contacting the Company's CFO, Leon van Kraayenburg at (281) 240-1787 or by visiting the Company's web site at http://www.enerteck.net/ . About Gold Bond Resources, Inc. (whose name shall change to EnerTeck Corporation) Gold Bond Resources, Inc. acquired EnerTeck Chemical Corp. in January 2003. With this first acquisition, Gold Bond intends to continue to pursue acquisitions within the energy technology arena. Further information about Gold Bond Resources, Inc. may be obtained by contacting the Company's President, Parrish B. Ketchmark, at (800) 220-8174. This release contains certain forward-looking statements within the meaning of the Federal Securities Laws. Such statements are based on assumptions that the Company believes are reasonable, but which are subject to a wide range of uncertainties and business risks. Factors that could cause actual results to differ from those anticipated are discussed in the Company's filings with the Securities and Exchange Commission (at http://www.sec.gov/ ), including its Annual Report on Form 10-KSB for the year ended July 31, 2001 and its Registration Statement on Form SB-2 filed on September 17, 2003. DATASOURCE: Gold Bond Resources, Inc. CONTACT: Parrish B. Ketchmark, President, +1-800-220-8174, or Leon van Kraayenburg, Chief Financial Officer, +1-281-240-1787, both of Gold Bond Resources, Inc. Web site: http://www.enerteck.net/

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