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Published on 3/26/2007 in the Prospect News PIPE Daily.

New Issue: Golden Goose settles sale of units, shares for C$3.1 million

By Laura Lutz

Des Moines, March 26 - Golden Goose Resources Inc. closed a private placement of units and flow-through shares for C$3,099,350, down slightly from the C$3.1 million deal size previously planned.

The company sold 1.465 million flow-through shares at C$0.75 per share and 2.858 million units at C$0.70 per unit.

Each unit consists of one non flow-through share and one warrant. Each warrant will be exercisable for one non flow-through share at C$0.95 for one year.

Proceeds will be used for drilling and general corporate purposes.

Golden Goose is a mineral exploration company based in Montreal.

Issuer:Golden Goose Resources Inc.
Issue:Units of one share and one warrant; flow-through shares
Amount:C$3,099,350
Pricing date:March 21
Settlement date:March 26
Stock symbol:TSX Venture: GGR
Stock price:C$0.75 at close March 20
Stock price:C$0.75 at close March 26
Units
Units:2.858 million
Price:C0.70
Warrants:One per unit
Warrant expiration:One year
Warrant strike price:C$0.95
Flow-through shares
Shares:1.465 million
Price:C$0.75
Warrants:No

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