MONTREAL, QUEBEC--(Marketwire - April 27, 2011) - Golden Share Mining Corporation ("Golden Share" or the "Corporation") - (News - Market indicators) wishes to announce the completion of a $200,200 private placement.

Under this private placement, the Corporation has issued a total of 910,000 flow through shares ("Shares") at a price of $0.22 per Share and 455,000 common share purchase warrants ("Warrant"), each Warrant entitling its holder to purchase one common share at a price of $0.32 per common share at any time during the 18-month period from the closing date.

In connection with this private placement, the Corporation will pay the following commission (representing 6% of the gross proceeds raised and a number of agent's warrants equal to 6% of the Shares subscribed through each finder):

• BMO Nesbitt Burns : $12,012 and 54,600 agent's warrants.

Each agent's warrant will allow its holder to acquire one unit made up of one common share and one half of one Warrant at a price of $0.22 per unit during the 18-month period from the closing date. All securities to be issued in connection with this private placement are subject to a 4-month minimum hold period.

This private placement is subject to the approval of the TSX Venture Exchange.

FOR MORE INFORMATION, CONSULT http://www.goldenshare.ca OR OUR FACEBOOK PAGE AT http://www.facebook.com/#!/profile.php?id=100001472712018&v=wall