NEWS RELEASE September 28, 2004 - Vancouver, BC. Golden Arch Resources Ltd. (the ‘Company’) is pleased to announce it has granted incentive stock options to Company Directors to purchase 1,490,000 common shares at a price of $0.15 per share, exercisable for four years. The shares are granted pursuant to a stock option plan approved by Company Shareholders at the Annual General Meeting held July 20, 2004, and by the TSX Venture Exchange on September 15, 2004, which provides for a “rolling” maximum grant of 10% of the issued shares at the time of the grant. There is a hold period on the shares until January 29, 2005.
On behalf of the Board,
“Les Kjosness”<br> President and Director
The TSX Venture Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof.
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