Golden Share Mining Corporation

Golden Share Mining Corporation

July 03, 2008 09:05 ET

Golden Share Completes a $575,000 Financing

MONTREAL, QUEBEC--(Marketwire - July 3, 2008) - Golden Share Mining Corp. ("Golden Share")(TSX VENTURE:GSH) is pleased to announce the completion of a $575,000 private placement. The Corporation will issue 575 units at a cost of $1,000 per unit. Each Unit includes 5,000 common shares of the Corporation at a price of $0.20 per share and 5,000 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 $0.30 per common share at any time during the 12-month period from the Closing Date. 4 Officers and directors participated for an amount of $34,000. 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 individuals or brokers:

Canaccord Capital Corp. : $13,600 and 68,000 Finder's warrants;
Loeb Aron & Company : $1,500 and 7,500 Finder's warrants and
Brigitte Dugal : $13,500.

Each Finder's warrant shall be exercisable into 1 unit at a price of $0.20 per unit for a period of 12 months from the closing date.

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

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

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