Final court order for Gold Eagle approved



    TSX: GEA

    TORONTO, Sept. 17 /CNW/ - Gold Eagle Mines Ltd. ("Gold Eagle") (TSX:GEA).
Gold Eagle is pleased to announce that the acquisition of Gold Eagle by
Goldcorp Inc. ("Goldcorp"), pursuant to a plan of arrangement under the
Business Corporations Act (Ontario), was approved by order of the Ontario
Superior Court of Justice (Commercial List) today. Closing of the transaction
is expected to occur on September 25, 2008.

    Cautionary Note Regarding Forward-Looking Statements

    Safe Harbor Statement under the United States Private Securities
Litigation Reform Act of 1995: Except for the statements of historical fact
contained herein, the information presented constitutes "forward-looking
statements" within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements, including but not limited to those
with respect to the completion of the proposed arrangement with Goldcorp, the
price of gold, silver, copper, zinc and lead, the timing and amount of
estimated future production, costs of production, reserve determination and
reserve conversion rates involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievement
of Gold Eagle to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking statements. Such
factors include, among others, risks related to the integration of
acquisitions, risks related to international operations, risks related to
joint venture operations, the actual results of current exploration
activities, actual results of current reclamation activities, conclusions of
economic evaluations, changes in project parameters as plans continue to be
refined, future prices of gold, silver and copper, zinc and lead as well as
those factors discussed in the section entitled "Narrative Description of the
Business - Risk Factors" in Gold Eagle's Annual Information Form on file with
the securities regulatory authorities in Canada. Although Gold Eagle has
attempted to identify important factors that could cause actual results to
differ materially, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements. Readers should
not place undue reliance on forward-looking statements.

    %SEDAR: 00024756E




For further information:

For further information: Gold Eagle Mines Ltd., Simon Lawrence,
President and Chief Executive Officer, (416) 867-8998; Suzette Ramcharan,
Investor Relations, (416) 867-8998

Organization Profile

GOLD EAGLE MINES LTD.

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