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Montreal, Quebec / TNW-ACCESSWIRE / November 19, 2014 / Golden Hope Mines Limited (TSX VENTURE:GNH) ("Golden Hope") announces it will be proceeding with a 1 for 30 share consolidation in order to allow future financing and acquisitions to be completed at a share price in excess of $0.05 per share as required by TSX Venture policy. Shareholders at the Annual General and Special Meeting of Shareholders held on June 30, 2014 approved the share consolidation.
Golden Hope has been looking at potential acquisitions to further enhance its current portfolio of properties. The company will notify its shareholders of any material developments.
The Board of Directors
About Golden Hope Mines Limited:
Golden Hope Mines Limited is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of gold and base metal projects suitable for underground and/or open-pit mining. The company's focus is currently in southeastern Quebec, Canada. The company's claim blocks lie within an area that extends approximately 100 kilometres along the Appalachians of southeastern Quebec from near Ste-Lucie-de-Beauregard to about 16 kilometres southwest of Beauceville. The Bellechasse-Timmins gold deposit lies 5 kilometres southeast of St-Magloire within the Bellechasse Belt an approximately 18 kilometre long mineralized area. For further information on Golden Hope Mines Limited please visit www.goldenhopemines.com.
Golden Hope Mines Limited
Frank Candido President, Director
514-969-5530
www.goldenhopemines.com
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