Libra Fund II (Luxembourg) S.à r.l. Acquires Common Shares of Golden Share Mining Corporation for Investment Purposes

TORONTO, April 21 /CNW/ - Libra Advisors, LLC ("Libra") announced today that Libra Fund II (Luxembourg) S.à r.l. (the "Fund") has acquired a total of 7,500,000 units at a price of CAD$0.20 per unit of Golden Share Mining Corporation ("Golden") pursuant to a private placement.

Each unit is comprised of one common share and one share purchase warrant (the "Warrant") in the capital of Golden.

Each whole Warrant is exercisable into one common share at a price of $0.32 for a period of 24 months from the closing date.

As a result of this acquisition, the Fund now owns 7,500,000 common shares, representing approximately 8.82% of the total outstanding common shares of Golden and 7,500,000 Warrants of Golden that, if exercised, together represent approximately 16.21% of the total outstanding common shares of Golden.

The Fund acquired the units for investment purposes and may, from time to time, acquire additional securities of Golden or dispose of such securities as it may deem appropriate.

Libra is the investment advisor to the Fund and maintains its principal office at 777 Third Avenue, 27th Floor, New York, New York 10017.

SOURCE Libra Advisors, LLC

For further information:

Mr. Ranjan Tandon, Managing Member, at (212) 350-5125

Profil de l'entreprise

Libra Advisors, LLC

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