Goldeye Explorations Limited
TSX VENTURE : GGY

Goldeye Explorations Limited

December 30, 2008 17:21 ET

Goldeye Private Placement

TORONTO, ONTARIO--(Marketwire - Dec. 30, 2008) - Goldeye Explorations Limited ("Goldeye" or "The Company")(TSX VENTURE:GGY) has completed a non-brokered $100,000 private placement pursuant to the "Accredited Investor" exemption in NI 45-106, subject to acceptance by the TSX Venture Exchange. 3,333,333 common shares of Goldeye are to be issued at a price of $0.03 per share. The shares will be subject to a four month hold period.

All proceeds will be used for exploration on Goldeye's mineral projects and for general and administrative expenses.

Goldeye is a Canadian mineral exploration company acquiring, exploring and advancing properties in Canada and Chile. A drill program is currently underway at the Company's Tyrrell Township property in NE Ontario. There were 82,322,895 common shares of Goldeye issued prior to this private placement.

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

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