Result of AGM

Golden Prospect Precious Metals Ltd
22 April 2008



22 April 2008


Golden Prospect Precious Metals Limited


Results of Annual General Meeting


At the Annual General Meeting held on 18 April 2008, all Ordinary Resolutions
and the following Special Resolutions were passed;


IT WAS RESOLVED to renew the authority of the Company, in accordance with
Section 5 of The Companies (Purchase of Own Shares) Ordinance 1998 ('the
Ordinance'), to make market purchases (within the meaning of Section 18 of the
Ordinance) of the Ordinary Shares of 1 penny each ('the Shares') provided that:
the maximum number of Ordinary Shares hereby authorized to be purchased shall be
14.99 per cent of the Company's issued share capital, and that such authority
will expire at the next Annual General Meeting unless renewed at that Meeting.


IT WAS RESOLVED To approve the Company's investing strategy in accordance with
the AIM Rules as follows:

'The Company's investment objective is to generate above average returns for
Shareholders primarily through the capital appreciation of its investments. The
Directors believe that such terms can be obtained by investing in a selective
portfolio of securities and other instruments in the precious metals sector.'



Enquiries:

Andrew Maiden
Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: [phone]




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