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Golden Goose Resources Inc. - $1,200,000 Private Placement - Issuance of Flow-Th

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-02
MONTREAL, Aug. 31 /CNW Telbec/ - Golden Goose Resources Inc.(TSX VENTURE : - ; the "Company") announces that it has raised gross proceedsof $1,200,000 through a non-brokered private placement of 1,500,000 commonshares, issued on a flow-through basis to two subscribers, at a price of $0.80per share. The closing is expected to take place on September 4, 2007. Underapplicable securities legislation, all the common shares will be subject to afour-month hold period. No insider participated in the private placement.

The proceeds of this placement will be allocated entirely to the currentdrilling programs on the Company's Lac Levac property, in Québec. LaurentianBank Securities Inc. will receive a fee for advising on the private placement.

Golden Goose Resources Inc. is a Canadian public company listed on theTSX Venture Exchange under the symbol GGR. The Company is principally engagedin mineral exploration and acquisition and has a portfolio of gold, platinumgroup metals, and nickel properties in Ontario and Quebec.

    The TSX Venture Exchange has not reviewed and does not accept    responsibility for the adequacy or accuracy of this release.

For further information

Golden Goose Resources Inc.: Jean-Marc Lacoste,President, 1-888-928-4667, Fax: 1-888-494-5371, www.goldengooseres.com
Renmark Financial Communications Inc.: Barry Mire, bmire@renmarkfinancial.com
Barbara Komorowski, bkomorowski@renmarkfinancial.com
Media - Vanessa Napoli,vnapoli@renmarkfinancial.com
(514) 939-3989, Fax: (514) 939-3717,

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