MONTREAL, Dec. 17 /CNW Telbec/ - (TSX-V: GGR), Golden Goose Resources
Inc. (the "Company") announces the closing on December 14, 2007 of a private
placement of 1,875,000 common shares of the Company issued on a "flow-through"
basis (the "Flow-Through Shares") at $0.80 per share to the MineralFields
Group. The Company intends to use the proceeds of the offering to fund the
further development and exploration of the Company's mining properties, mainly
the Magino Gold Property and the Lac Levac Nickel Property. The Flow-Through
Shares are subject to a four month hold period ending on April 15, 2008.
Limited Market Dealer Inc. has received, as finder's fee, a cash commission
representing 6% of the gross proceeds ($90,000) together with an option to
purchase 112,500 common shares at a price of $0.80 per share for a period of
"We are very pleased to be entering into this relationship with the
MineralFields Group", said Jean-Marc Lacoste, President and Chief Executive
Officer of the Company. "This is an important milestone in the growth of the
Company and we look forward to working with MineralFields Group as we develop
our holdings in our Properties."
ABOUT GOLDEN GOOSE RE
Golden Goose Resources Inc. is a Canadian public company listed on the
TSX Venture Exchange under the symbol GGR. The Company is principally engaged
in mineral exploration and acquisition and has a portfolio of gold and
nickel-platinum group metals properties in Ontario and Québec.
ABOUT MINERALFIELDS, PATHWAY AND FIRST CANADIAN SECURITIES(R)
MineralFields Group (a division of Pathway Asset Management) is a
Toronto-based mining fund with significant assets under administration that
offers its tax-advantaged super flow-through limited partnerships to investors
throughout Canada during most of the calendar year, as well as hard-dollar
resource limited partnerships to investors throughout the world. Pathway Asset
Management also specializes in the manufacturing and distribution of
structured products and mutual funds. Information about MineralFields Group is
available at www.mineralfields.com. First Canadian Securities(R), a division
of Limited Market Dealer Inc., is active in leading resource financings (both
flow-through and hard dollar) on competitive, effective and service-friendly
terms, with investors both within, and outside of MineralFields Group.
The TSX Venture Exchange has not reviewed 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,
1-888-928-4667, Fax: 1-888-494-5371, firstname.lastname@example.org; 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,