Golden Share Mining Corporation

Golden Share Mining Corporation

June 09, 2010 09:30 ET

Golden Share Announces Final Closing of Private Placement of $223,000

MONTREAL, QUEBEC--(Marketwire - June 9, 2010) - Golden Share Mining Corporation ("Golden Share" or "Corporation")(TSX VENTURE:GSH) announces the completion of a second and final tranche of its previously announced private placement in the amount of $50,000, for a total of $223,000. Each Unit, at a cost of $1,000, includes 10,000 common shares of the Corporation at a price of $0.10 per share and 10,000 common share purchase warrants of the Corporation. Each Warrant entitles its holder to purchase one common share of the Corporation at the purchase price of $0.15 per common share at any time during the 24-month period from the Closing Date. The shares to be issued are subject to a 4 month minimum hold period.

In connection with this private placement, a finder's fee commission will be paid out to the following:

Canaccord Genuity Corp.: $5,000 and 50,000 Finder's warrants;

Each Finder's warrant shall be exercisable into 1 common share at a price of $0.10 per share for a period of 24 months from the closing date.

This financing is subject to the approval of the TSX Venture Exchange.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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