Business
Golden Goose Resources closes private placement financing with the MineralFields Group
MONTREAL, Dec. 17 /CNW Telbec/ - (TSX-V: GGR), Golden Goose Resources Inc. (the "Company") announ...
About this update from Golden Goose Resources Corp.
[{"type":"text","content":"\n\n\n\nMONTREAL, Dec. 17 /CNW Telbec/ - (TSX-V: GGR), Golden Goose Resources\nInc. (the "Company") announces the closing on December 14, 2007 of a private\nplacement of 1,875,000 common shares of the Company issued on a "flow-through"\nbasis (the "Flow-Through Shares") at $0.80 per share to the MineralFields\nGroup. The Company intends to use the proceeds of the offering to fund the\nfurther development and exploration of the Company's mining properties, mainly\nthe Magino Gold Property and the Lac Levac Nickel Property. The Flow-Through\nShares are subject to a four month hold period ending on April 15, 2008.\nLimited Market Dealer Inc. has received, as finder's fee, a cash commission\nrepresenting 6% of the gross proceeds ($90,000) together with an option to\npurchase 112,500 common shares at a price of $0.80 per share for a period of\n12 months.\n\n\n"We are very pleased to be entering into this relationship with the\nMineralFields Group", said Jean-Marc Lacoste, President and Chief Executive\nOfficer of the Company. "This is an important milestone in the growth of the\nCompany and we look forward to working with MineralFields Group as we develop\nour holdings in our Properties."\n\n\nABOUT GOLDEN GOOSE RESOURCES\n\n\nGolden Goose Resources Inc. is a Canadian public company listed on the\nTSX Venture Exchange under the symbol GGR. The Company is principally engaged\nin mineral exploration and acquisition and has a portfolio of gold and\nnickel-platinum group metals properties in Ontario and Quebec.\n\n\nABOUT MINERALFIELDS, PATHWAY AND FIRST CANADIAN SECURITIES(R)\n\n\nMineralFields Group (a division of Pathway Asset Management) is a\nToronto-based mining fund with significant assets under administration that\noffers its tax-advantaged super flow-through limited partnerships to investors\nthroughout Canada during most of the calendar year, as well as hard-dollar\nresource limited partnerships to investors throughout the world. Pathway Asset\nManagement also specializes in the manufacturing and distribution of\nstructured products and mutual funds. Information about MineralFields Group is\navailable at www.mineralfields.com. First Canadian Securities(R), a division\nof Limited Market Dealer Inc., is active in leading resource financings (both\nflow-through and hard dollar) on ...