GOLDEN SHARE MINING CORPORATION ("GSH")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: January 11, 2008
TSX Venture Tier 2 Company

The Company's Initial Public Offering ('IPO') Prospectus dated December 19, 2007 has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the Nova-Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island, Ontario, Manitoba, Saskatchewan, Alberta and British Columbia Securities Commissions and the Autorité des marchés financiers effective December 19, 2007, pursuant to the provisions of the Nova-Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island, Ontario, Manitoba, Saskatchewan, Alberta, British Columbia and Québec Securities Acts. The common shares of the Company will be listed and admitted to trading on TSX Venture Exchange, on the effective date stated below.

The gross proceeds received by the Company for the offering is $2,666,025 (2,091 A units at $1,015 per unit and 533 B units at $1,020 per unit). Each A unit consists of 2,300 flow-through common shares at $0.35 per share and 700 common shares at $0.30 per share. Each B unit consists of 3,400 common shares at a price of $0.30 per share and 3,400 common share purchase warrants. Each warrant entitles the holder to purchase one common share at $0.35 for a period of 24 months from the date of the closing. The Company is classified as a "Mineral Exploration/ Development" company.

The Company was created as a wholly-owned subsidiary of Searchgold Resources Inc. ("Searchgold") which transferred all of its interests held in three gold exploration properties located in Québec in exchange for 8,479,993 common shares of Golden Share. Of this number, Searchgold will keep 2,134,984 common shares and the remaining 6,345,009 common shares will be distributed as a dividend to Searchgold shareholders after the listing of Golden Share Mining Corporation.

Commencement date: At the opening on January 14, 2008, the common shares will commence trading on TSX Venture Exchange

Corporate jurisdiction: Canada

Capitalization: Unlimited common shares with no par value of which 19,605,193 common shares are issued and outstanding

Escrowed shares: 2,726,903 common shares

Transfer Agent: Computershare Investor Services Inc. (Montréal & Toronto)
Trading Symbol: GSH
CUSIP Number: 381182 10 4
Agent: Canaccord Capital Corporation

Agent's fee: A cash commission of $266,602 and a non-transferable warrant to acquire 808,520 common shares exercisable at a price of $0.30 per common share for a period of 18 months from the date of the closing.

For further information, please refer to the Company's Prospectus dated December 19, 2007.

Company contact: Denis Tremblay, Chief Financial Officer
Company address: 440 René-Lévesque Boul. West, Suite 1160, Montreal, Quebec H2Z 1V7

Company phone number: (514) 866-4224
Company fax number: (514) 866-2626
E-mail address: info@goldenshare.ca
Web site: www.goldenshare.ca