Golden Secret Ventures Ltd. Announces Closing of Non-Brokered Private Placement

/NOT FOR DISTRIBUTION TO A US NEWSWIRE SERVICE OR FOR DISSEMINATION IN THE UNITED STATES./

VANCOUVER, April 27, 2016 /CNW/ - Golden Secret Ventures Ltd. (the "Company") (TSXV:GGS) announces that further to its news releases dated April 8, 2016, April 14, 2016 and April 15, 2016, it has closed its private placement of 8,650,000 common shares for gross proceeds of $2,595,000 (the "Offering"). The shares issued pursuant to the Offering are subject to a hold period expiring August 28, 2016. Finders' Fees totaling $108,255.00 were paid in consideration for services rendered in connection with the Offering. The Company intends to use the proceeds for general working capital.

ON BEHALF OF THE BOARD OF DIRECTORS OF GOLDEN SECRET VENTURES LTD.

"Christy Louth"
DIRECTOR

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This new release may contain forward-looking statements.  These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations.  We do not assume any obligation to update any forward-looking statements except as required by law.

SOURCE Golden Secret Ventures Ltd.

For further information: Joanna Vastardis, CFO & Corporate Secretary, Tel: (604) 609-6125

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