GNG Golden Goliath Resources Ltd

Golden Goliath Resources Ltd. (TSX VENTURE:GNG)(PINK SHEETS:GGTH-F) - 

Golden Goliath advises that it has issued forced conversion notices to the
holders of approximately 9,100,000 share purchase warrants and agents warrants
(collectively the "Warrants") which were issued pursuant to a unit private
placement which completed in January and February 2010. The Warrants are
exercisable to purchase one common share per warrant at a price of $0.25 for two
years.


The Warrants contain a provision whereby if the Company's weighted average share
price for 20 consecutive trading days equals or exceeds $0.40, the Company may
give notice to the Warrant holders that they must exercise their remaining
Warrants within a period of 30 days from the date of receipt of the notice. The
Company's common shares have now traded at a weighted average price of greater
than $0.40 for more than 20 consecutive days. Any Warrants remaining unexercised
after the expiration of the 30 day notice period will be cancelled and will
thereafter be of no force or effect.


Although it is unknown how many of the Warrants will be exercised, in the event
that all Warrants are exercised, the Company will receive approximately
$2,275,000 which will be added to working capital.


About Golden Goliath

Golden Goliath Resources Ltd. is a junior exploration company listed on the TSX
Venture Exchange (symbol GNG). The Qualified Person who has reviewed and
approved this release is J. Paul Sorbara M.Sc., P.Geo. The Company is focused on
exploring and developing the gold and silver potential of an historic mining
camp located in the world famous Sierra Madre Occidental Mountains of
northwestern Mexico. Golden Goliath's Uruachic claims are owned 100% by the
Company and are fully paid for with no property option or purchase payments to
make.

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