$1,200,000 Private Placement
Issuance of Flow-Through Common Shares
MONTREAL, QUEBEC - September 4, 2007 - Golden Goose Resources Inc. (TSX VENTURE: GGR) (the �Company�), announces that it has closed a non-brokered private placement for total gross proceeds of $1,200,000, initially announced on August 30, 2007. A total of 1,500,000 common shares were issued, on a flow-through basis, to two subscribers, at a price of $0.80 per share. The common shares are all subject to resale restriction until January 5, 2008. No insider participated in the private placement.
The proceeds of this placement will be allocated entirely to the current drilling programs on the Company's Lac Levac property, in Qu�bec. Laurentian Bank Securities Inc. received a fee for advising on the private placement.
Golden Goose Resources Inc. is a Canadian public company listed on the TSX Venture Exchange under the symbol GGR. The Company is principally engaged in mineral exploration and acquisition and has a portfolio of gold, platinum group metals, and nickel properties in Ontario and Quebec.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information
Golden Goose Resources Inc.:
Jean-Marc Lacoste, President
1-888-928-4667,
Fax: 1-888-494-5371,
www.goldengooseres.com
RENMARK FINANCIAL COMMUNICATIONS INC.
BARRY MIRE : BMIRE@RENMARKFINANCIAL.COM
BARBARA KOMOROWSKI : BKOMOROWSKI@RENMARKFINANCIAL.COM
MEDIA - VANESSA NAPOLI : VNAPOLI@RENMARKFINANCIAL.COM
TEL. : (514) 939-3989
FAX : (514) 939-3717
WWW.RENMARKFINANCIAL.COM
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Golden Goose Resources Inc.
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CODE : GGR.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Golden Goose is a gold exploration company based in Canada. Golden Goose is listed in Canada. Its market capitalisation is CA$ 19.6 millions as of today (US$ 19.5 millions, € 14.5 millions). Its stock quote reached its lowest recent point on December 29, 2000 at CA$ 0.04, and its highest recent level on December 31, 2007 at CA$ 1.25. Golden Goose has 51 562 000 shares outstanding. |