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Thursday, 12/03/2009 3:33:27 AM

Thursday, December 03, 2009 3:33:27 AM

Post# of 42
Should be taking off soon I hope- lots of holes to release still from their Deerhorn property- 27 more I believe-

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Golden Odyssey closes $563,494 financing


2009-11-27 16:58 ET - News Release

Mr. Tyrone Docherty reports

GOLDEN ODYSSEY CLOSES FINANCING

Golden Odyssey Mining Inc. has closed a non-brokered private placement consisting of a combination of flow-through and non-flow-through units totalling 3,713,028 common shares, resulting in aggregate proceeds of $563,494.

The original news release in Stockwatch dated Nov. 16, 2009, announced that Golden Odyssey was to raise $400,000 in combination of flow-through units consisting of one common share at 18 cents and non-flow-through units consisting of one common share at 14 cents, and one full warrant entitling the holder to purchase one common share at an exercise price of 17 cents for a period of two years from the date of issuance.

Proceeds are to be used for exploration on the Deerhorn property and for general working capital.

A finder's fee of $1,960 will be payable to certain introducing parties in respect of the private placement, subject to compliance with applicable securities legislation and TSX Venture Exchange policies. This private placement is subject to the final approval of the TSX Venture Exchange.

We seek Safe Harbor.

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