/sighWednesday, February 10, 2016
Proposed Private Placement
Golden Reign Resources Ltd. (the "Company" or "Golden Reign")(TSX-V: GRR), subject to regulatory approval, proposes to issue up to 31,250,000 common shares at a price of $0.08 per share, in one or more tranches, via a non-brokered private placement to raise gross proceeds of up to $2,500,000. Finders' fees may be paid in connection with this offering.
Proceeds of the placement will be applied to costs related to the advancement of the San Albino-Murra Gold Property in Nicaragua and for general working capital.
On behalf of the Board,
"Kevin Bullock"
Kevin Bullock
CEO