Golden Band Resources Inc.

Golden Band Resources Inc.

December 11, 2006 16:34 ET

Golden Band Resources Issuing Incentive Stock Options

SASKATOON, SASKATCHEWAN--(CCNMatthews - Dec. 11, 2006) - Golden Band Resources Inc. (the "Company") (TSX VENTURE:GBN) announces that its Board has approved the issuance of a total of 300,000 options under the Company's Stock Option Plan. These options to be granted to consultants and employees of the Company, are exercisable into common shares of the Company at a price of $0.43 per share for a period of five years from the date of the grant, and will vest in accordance with TSX Venture Exchange guidelines.

On behalf of the Board of Directors,

Ronald K. Netolitzky, President

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

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