GNH Golden Hope Mines Limited

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UNITED STATES


Golden Hope Mines Limited ("Golden Hope" or the "Company") (TSX
VENTURE:GNH)(PINK SHEETS:GOLHF) is pleased to announce that it has completed a
non-brokered private placement of $984,200 by issuing 8,201,666 units of the
Company ("Units") at a price of $0.12 per Unit.


Each Unit is comprised of one common share of the Company and one-half (1/2) of
one common share purchase warrant (each whole warrant, a "Warrant"). Each
Warrant is exercisable into one common share of the Company at a price of $0.15
per share for a period of 24 months.


Under applicable securities legislation and policies of the TSX Venture
Exchange, the Units issued in the private placement are subject to a hold period
expiring on April 19, 2010.


The Company paid commission fees in the aggregate amount of $65,056 to arms
length third parties.


Golden Hope will use the proceeds from the Offering to advance the exploration
on its Bellechasse project in Quebec.


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 and base metal projects suitable for underground
and/or open-pit mining. The company's focus is in Quebec, Canada. The
Bellechasse gold project in Quebec includes the Timmins 1, Timmins 2 and Ascot
gold zones, the new FSG volcanic targets and a number of recently claimed ultra
basic/serpentine geological environments. For further information on Golden Hope
Mines, please visit www.goldenhopemines.com.

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