Golden Share Mining Corporation TSX VENTURE: GSH Other Recent News

July 8, 2008 Golden Share Completes a $500,000 Flow Through Financing MONTREAL, QUEBEC--(Marketwire - July 8, 2008) - Golden Share Mining Corporation ("Golden Share") (TSX VENTURE:GSH) is pleased to announce the completion of a $500,000 flow through financing. The company will issue 500 units at a cost of $1,000 per unit. Each unit includes 3,600 flow through shares and 400 common shares of Golden Share, both at a price of $0.25 per share. These shares are subject to a 4-month minimum hold period and are subject to the final approval of the TSX Venture Exchange. Ninety percent of these funds will be allocated to the Elwood property located near Thunder Bay, Ontario. With the two recent financings completed, Golden Share is now fully funded and able to accomplish all of its major exploration programs for 2008. A commission of $50,000 as well as 200,000 Finders warrants will be paid to Canaccord Capital Corporation with regards to this financing. Each Finders warrant gives the right to buy one additional common share of Golden Share at a price of $0.25. About Golden Share Mining Corporation Golden Share Mining Corporation (TSX VENTURE:GSH) is a Canadian-based mining exploration company whose primary mission is to target, explore and develop gold deposits in Canada. Golden Share was created through the reorganization of SearchGolds Canadian gold assets and is lead by an experienced management team at the technical and corporate level. The Companys projects straddle three greenstone belts of Eastern Canada, are accessible by road and are all located close to the established mining centers of Val dOr and Rouyn-Noranda in Quebec and Shebandowan, west of Thunder Bay, in Ontario. Golden Share recently completed its initial public offering and finalised a $2,666,025 financing with Canaccord Capital Corporation who acted as the agent. The Company has 24,480,193 common shares issued and outstanding and Golden Shares common shares have started trading on the TSX Venture Exchange under the symbol "GSH" on January 14th 2008. The net proceeds from the initial public offering will be used by Golden Share mostly for exploration work on its Forsan and Malartic Lakeshore properties, and for working capital and general corporate purposes. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy/accuracy of this release.

CONTACT INFORMATION: Golden Share Mining Corporation Philippe Giaro President & CEO 32-473-52-30-29 or Golden Share Mining Corporation Denis Tremblay Vice-President 514-866-4224 www.goldenshare.ca or MI3 Communications Inc. Daniel Vine Vice-President 514-904-1333 daniel@mi3.ca INDUSTRY: Manufacturing and Production - Mining and Metals