Golden Harker Explorations Limited

November 24, 2006 17:07 ET

Golden Harker Explorations Limited: Company Completes Private Placement Of 2,000,000 Flow-Through Units

TORONTO, ONTARIO--(CCNMatthews - Nov. 24, 2006) - Golden Harker is pleased to announce that it has completed a private placement announced on November 14th, 2006 for proceeds of $300,000. 2,000,000 Flow-Through Units were issued at a price of $0.15 (Canadian) per Flow-Through Unit. Each Flow-Through Unit will consist of one flow-through common share and one flow-through warrant, which warrant is exercisable at $0.25 (Canadian) into one flow-through common share at any time during the two year period from the date of closing.

Proceeds from the private placement will be used to finance the Corporation's exploration program on its Harker township property, qualifying as Canadian Exploration Expense (CEE) under the Income Tax Act (Canada) enabling the subscriber to obtain applicable tax credits and deductions.


On behalf of Golden Harker Explorations Limited

CUSIP no. 381064 20 3

Jeffrey J. Becker, President

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