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Golden Hope Appoints Brayden Sutton to its Board of Directors

Tickers: PINX:GOLHF, XTSX:GNH
Tags: Mining

Toronto, Ontario / TheNewswire / Oct 26, 2016 - Golden Hope Mines Limited (TSX.V: GNH, OTC: GOLHF, Frankfurt: 6G01) is pleased to announce the appointment of Brayden R. Sutton to its Board of Directors.

Mr. Sutton has spent the last 14 years in the capital markets and has been an active investor in the resource sector dating back to 2003. He brings with him over a decade of direct experience from a banking perspective as well; having been part of over $50mm of equity and debt financings for venture companies in the last 2 years. His experience in various types of financings, restructuring and M&A make him a valuable addition to the Golden Hope Board.

Frank Candido, President, stated; "We are extremely pleased with the addition of Mr. Brayden R. Sutton to our Board of Directors. His extensive knowledge and experience in the capital markets and more particularly in the resource space will serve our shareholders well. A Board Director of this caliber is a major asset for the company".

The Board has granted incentive stock options to Mr. Sutton to purchase 75,000 common shares of Golden Hope at a price of $0.27 per share for a period of five years ending October 17, 2021.

About Golden Hope:

Golden Hope Mines Limited is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of gold suitable for underground and/or open-pit mining. The company's focus is currently in southeastern Quebec, Canada. 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

www.goldenhopemines.com

Frank Candido, President, Director

514-969-5530

fcandido@goldenhopemines.com

Morgan Good, VP Business Development

Tel: 604-715-4751

morganrgood@gmail.com

Copyright (c) 2016 TheNewswire - All rights reserved.

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