NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Golden Hope Mines Limited ("Golden Hope" or the "Company") (TSX
VENTURE:GNH)(PINK SHEETS:GOLHF) is pleased to announce a non-brokered private
placement offering consisting of up to 8,823,529 units of the Company (the
"Units") at a price of $0.17 per Unit and of up to 7,500,000 flow-through common
shares of the Company (the "Flow-Through Shares") at a price of $0.20 per
Flow-Through Share (the "Offering"). Each Unit will consist of one common share
of the Company (a "Common Share") and one-half of one transferable Common Share
purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to
acquire one Common Share at an exercise price of $0.24 per Common Share. The
Warrants will be exercisable for 18 months following the closing of the Offering
(the "Closing Date").


Golden Hope will use the proceeds from the Offering to advance the exploration
on its Bellechasse project in Quebec as well as for property acquisition and
general working capital purposes.


The Company will pay certain registered brokers (the "Brokers") a commission fee
equal to 6.5% of the gross proceeds of the Offering. In addition, on the Closing
Date, the Company will issue warrants (the "Broker Warrants") to the Brokers
entitling the Brokers to collectively purchase Common Shares in an amount up to
6.5% of the aggregate number of Units and Flow-Through Shares issued pursuant to
the Offering. Each Broker Warrant will entitle the holder to buy one Common
Share at $0.24 per Common Share. The Broker Warrants will be exercisable, in
whole or in part, for a period of 18 months following the Closing Date.


The Closing Date is expected to occur on or about June 13, 2008 and is subject
to certain conditions including, but not limited to, the receipt of all
necessary approvals including the approval of the TSX-V. The Company may
complete the Offering through one or more closings.


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 potentially large-scale gold, silver and base metal projects
suitable for underground and/or open-pit mining. The company's two areas of
interest are located in Quebec, Canada and Maine, U.S. The Bellechasse gold
project in Quebec includes the Timmins and Ascot gold zones, the Coucou volcanic
target and a number of newly claimed serpentinite geological formations. For
further information on Golden Hope, visit www.goldenhopemines.com.


Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking
statements". All statements in this release, other than statements of historical
facts, that address future production, reserve potential, exploration drilling,
exploitation activities and events or developments that the company expects are
forward-looking statements. Although the company believes the expectations
expressed in such statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results or
developments may differ materially from those in the statements. There are
certain factors that could cause actual results to differ materially from those
in forward-looking statements. These include market prices, exploitation and
exploration successes, continued availability of capital and financing, and
general economic, market or business conditions. Investors are cautioned that
any such statements are not guarantees of future performance and actual results
or developments may differ materially from those projected in the
forward-looking statements. For more information on the company, investors
should review registered filings at www.sedar.com.
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