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Golden Hope Mines Limited: Golden Hope Mines-Warrants Exercised

Mon, 16 Oct 2006 4:00:00 PDT

TORONTO, ONTARIO (MARKET WIRE) Golden Hope Mines Limited (TSX VENTURE: GNH)(PINK SHEETS: GOLHF) has issued 80,000 common shares upon the exercise of previously issued warrants. The shares are subject to a hold period expiring February 12, 2007. The $16,000.00 proceeds will be added to the Company's working capital.

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