MONTREAL, Nov. 22 /CNW Telbec/ - Golden Goose Resources Inc.
(TSX - V: GGR) The Company is pleased to report its financial results for the
three-month period ended September 30, 2007.
For the three months ended September 30, 2007, the Company reported a net
loss of $288,582 (or $0.00 per share) compared to a net loss of $80,309 (or
$0.00 per share) for the three-month period ended September 30, 2006. The loss
for the three-month period ended September 30, 2007 was mainly due to general
and administrative costs and stock-based compensation. In the third quarter of
2007, the Company raised $1.2 million in flow through capital to further
develop its nickel property, Lac Levac, which reported new NI 43-101 resource
estimates (Ni, Cu and PGM) at the end of July. Our cash position as of
September 30, 2007 is over $4.0 million, all of which is invested in treasury
This selected quarterly information must be read in conjunction with the
quarterly financial statements filed on www.sedar.com for the quarter ended
The TSX Venture Exchange has not received and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Golden Goose Resources Inc.: Jean-Marc Lacoste,
President, 1-888-928-4667, Fax: 1-888-494-5371, firstname.lastname@example.org;
www.goldengooseres.com; Renmark Financial Communications Inc.: Barry Mire:
email@example.com; James Buchanan: firstname.lastname@example.org;
Media - Vanessa Napoli: email@example.com; (514) 939-3989, Fax:
(514) 939-3717, www.renmarkfinancial.com