Tickers: PINX:GOLHF, XTSX:GNH
Tags: Mining
Montreal / TheNewswire / March 24, 2016 - Golden Hope Mines Limited (TSX VENTURE: GNH) (Pink Sheets: GOLHF) - Larry Hoover, Chairman of the Board of Golden Hope Mines Limited, is pleased to announce the settlement of a court action by a former shareholder, Mr. Earl Takefman, and cross-demands relating thereto. The settlement was made on a without admission basis and its terms are to remain confidential.
About Golden Hope Mines Limited:
Golden Hope Mines Limited is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of gold and base metal projects suitable for underground and/or open-pit mining. The company's focus is currently in southeastern Quebec, Canada. The company's claim blocks lie within an area that extends approximately 100 kilometres along the Appalachians of southeastern Quebec from near Ste-Lucie-de-Beauregard to about 16 kilometres southwest of Beauceville. The Bellechasse-Timmins gold deposit lies 5 kilometres southeast of St-Magloire within the Bellechasse Belt an approximately 18 kilometre long mineralized area. For further information on Golden Hope Mines Limited please visit www.goldenhopemines.com.
Golden Hope Mines Limited
Frank Candido President, Director
514-969-5530
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