Montreal, Quebec -Golden Tag Resources Ltd. (TSX-V:GOG) reports that it has closed a private placement for an amount of $75,000 through the issuance of 500,000 shares at $0.15 to insiders as announced on October 3, 2003. Proceeds will be used for working capital.
For additional information, please contact:
Golden Tag Resources Ltd.
Marc A. Carrier, President & CFO
Ph: (514) 426-8542
Fax: (514) 426-8543
Cautionary Statement: Statements in the release that are "forward looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially. For a discussion of the risk factors that are inherent in the Mining Industry see our public filings at www.sedar.com.
Neither the 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 news release.