May 4, 2005 – Golden Arch Resources Ltd. (the “Company”) is pleased to announce that they have executed an agreement with Raven Capital (“Raven”) to provide Investor Relations services and assist in the development and implementation of a market awareness program on behalf of Golden Arch. The contract will be for a minimum term of three months at a cost of $6,000 per month effective April 18, 2005. The contract price includes all office-related costs and personnel. The Company will also grant to Raven Capital, subject to regulatory approval, options to purchase 200,000 common shares of the Company at a price of $0.20 per share, exercisable for up to one year and vested per TSX Venture Exchange Policy.
Jack Barnes is the principal of Raven Capital, a Vancouver-based business. Mr. Barnes is familiar with the Canadian junior public market, having spent eighteen years as a stockbroker prior to forming Raven Capital.
“Les Kjosness” President
The TSX Venture Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof.
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