Golden Sunset Trail Inc.
NEX BOARD : GST.H

November 30, 2007 13:44 ET

Golden Sunset Trail Inc.: Filing of Filing Statement on SEDAR

GRIMSBY, ONTARIO--(Marketwire - Nov. 30, 2007) - Golden Sunset Trail Inc. (the "Corporation") (NEX:GST.H), a capital pool company, is pleased to announce that the TSX Venture Exchange (the "Exchange") has conditionally accepted the acquisition of all of the issued and outstanding shares of Brimstone Mining Inc. ("Brimstone") as the Corporation's Qualifying Transaction (the "Qualifying Transaction"), as described in the Corporation's press releases dated October 11, 2007 and November 28, 2007. Final approval of the Exchange is subject to the Corporation fulfilling all of the requirements of the Exchange. In connection with the Qualifying Transaction, on November 29, 2007 the Corporation filed on SEDAR the filing statement of the Corporation dated November 23, 2007, which contains full disclosure regarding the Qualifying Transaction and the business of Brimstone. The Corporation expects to close the proposed Qualifying Transaction on or about December 11, 2007 in accordance with Policy 2.4 of the Exchange.

Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

This new release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Contact Information

  • Golden Sunset Trail Inc.
    Daniel Donn
    President, Chief Executive Officer and Director
    (905) 945-3999
    Email: danieldonn@cogeco.ca