GOLDEN TAG RESOURCES LTD.
SUITE 114, 186 SUTTON PLACE, BEACONSFIELD, QC. H9W 5S3
PHONE : (514) 426-8542; FAX : (514) 426-8543
VANCOUVER STOCK EXCHANGE SYMBOL : "GOG"
OCTOBER 11, 1996
Golden Tag Resources Ltd. (the "Company"), announces that subject to regulatory approval, it has sold 340,000 common shares of the Company on a flow-through basis at $0.50 per share by way of private placement. All of the proceeds will be used for exploration on the Company's properties.
The average closing price of the Company's shares as traded on the Vancouver Stock Exchange on the 10 days preceding October 11, 1996 was $0.42 per share.
For more information, contact Marc A. Carrier, President, Golden Tag Resources Ltd. at (514) 426-8542; FAX : (426-8543)
The Vancouver Stock Exchange has neither approved nor disapproved the information contained herein.
 Return to Golden Tag's Home |  Back to the News Release Page |