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.
MONTREAL, QUEBEC--(Marketwire - Oct. 19, 2012) - Golden Share Mining Corporation ("Golden Share" or the "Company") (TSX VENTURE:GSH) announces that the Company has extended the term of an aggregate of 2,500,000 common share purchase warrants (each, a "Warrant") by another three years until October 25th 2015. Concomitantly, the Company has also reduced the exercise price of the Warrants to $0.10. If the closing price of the Company's shares exceeds $0.13 for a period of 10 consecutive trading days, the Warrant holders will have 30 days to exercise their Warrants (after which they will expire). All other terms and conditions remain constant.
These Warrants form part of a private placement which closed on October 25th 2010 and consisted of the issuance of 2,500,000 units at a price of $0.135 per unit. Each unit consisted of one common share in the capital of the Company and one Warrant. Each Warrant originally entitled the holder to purchase one common share at an exercise price of $0.175 on or before October 25, 2012. No Warrants have been exercised to date.
These modifications are subject to the approval of the Warrantholders and the TSX Venture Exchange.
About Golden Share Mining Corporation
Golden Share Mining Corporation is a Canadian-based mining exploration company developing a promising portfolio of properties in the greenstone belts of eastern Canada, namely in the Val d'Or-Malartic, Red Lake and Shebandowan areas.
Lake Shore Gold Corp., a Canadian emerging gold producer, holds a strategic 27.2% interest in Golden Share which is led by a technically focused management team strengthened by an experienced board of directors and a proven advisory board including successful geologists Roy Corrans and Sethu Raman as well as seasoned financier Anthony Frizelle.
Golden Share's development strategy involves advancing a well balanced portfolio of gold properties in a politically stable environment with a history of gold endowment through systematic exploration, resource definition and acquisitions.
FOR MORE INFORMATION, CONSULT : http://www.goldenshare.ca
OR OUR FACEBOOK PAGE AT: http://www.facebook.com/people/Golden-Share/100001472712018.