Golden Hope Announces Private Placement

Golden Hope Mines Limited (TSX VENTURE:GNH)(PINK SHEETS:GOLHF) today reported that the company has completed a non-brokered private placement of $984,200 by issuing 8,201,666 units of the Company at a price of $0.12 per Unit.

The press release is quoted as saying:

Golden Hope Mines Limited is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of potentially large-scale gold and base metal projects suitable for underground and/or open-pit mining.

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