GOLDEN SUNSET TRAIL INC. ("Golden Sunset" or the "Corporation") (TSX
VENTURE:GST) is pleased to announce it intends to complete a non-brokered
private placement of up to $200,000 worth of convertible debentures of the
Corporation (each a "Debenture") having an interest rate of 12% per annum,
payable annually. The principal amount of each Debenture will be convertible
into one common share of the Corporation (each a "Share") at a conversion rate
of $0.10 per Share. The completion of the private placement is subject to TSX
Venture Exchange Inc. approval and other regulatory approval.


Proceeds of the private placement will be used for general working capital.

This press release may contain "forward-looking information" within the meaning
of applicable Canadian securities legislation. All statements, other than
statements of historical fact, included herein may be forward-looking
information. Generally, forward-looking information may be identified by the use
of forward-looking terminology such as "plans", "expects" or "does not expect",
"proposed", "is expected", "budgets", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases, or by the use of words or phrases which state that
certain actions, events or results may, could, would, or might occur or be
achieved. This forward-looking information reflects the Company's current
beliefs and is based on information currently available to the Company and on
assumptions the Company believes are reasonable. Forward-looking information is
subject to known and unknown risks, uncertainties and other factors that may
cause the actual results, level of activity, performance or achievements of the
Company to be materially different from those expressed or implied by such
forward-looking information. Such risks and other factors may include, but are
not limited to: the early stage development of the Company and its projects;
general business, economic, competitive, political and social uncertainties;
commodity prices; the actual results of current exploration and development or
operational activities; competition; changes in project parameters as plans
continue to be refined; accidents and other risks inherent in the mining
industry; lack of insurance; delay or failure to receive board or regulatory
approvals; changes in legislation, including environmental legislation,
affecting the Company; timing and availability of external financing on
acceptable terms; conclusions of economic evaluations; and lack of qualified,
skilled labour or loss of key individuals. Although the Company has attempted to
identify important factors that could cause actual results to differ materially
from those contained in forward-looking information, there may be other factors
that cause results not to be as anticipated, estimated or intended. Accordingly,
readers should not place undue reliance on forward-looking information. The
Company does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.


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