Golden Moor Files Preliminary for Initial Public Offering

Dear Friends and associates,



Golden Moor Inc.
Jul 15, 2010 16:55 ET
Golden Moor Files Preliminary Prospectus for Initial Public Offering

CASSELMAN, ONTARIO, CANADA--(Marketwire - July 15, 2010) - Golden Moor Inc. ("Golden Moor" or the "Corporation") announces that it has filed a preliminary prospectus with the securities regulatory authorities in Ontario and Quebec in connection with a proposed initial public offering (the "Offering") of its common shares ("Common Shares") at $0.10 each. A copy of this preliminary prospectus is available on SEDAR (www.sedar.com).

JitneyTrade Inc. will act as agent for the Offering, under which the Corporation will offer a minimum of 3,000,000 Common Shares (for gross proceeds of $300,000) and a maximum of 10,000,000 Common Shares (for gross proceeds of $1,000,000).

In connection with the Offering, the Corporation will pay the Agent a fee equal to 9% of the gross proceeds on the initial $500,000 of the Offering and 7% of the gross proceeds on the next $500,000 of the Offering. The Agent will also be issued a number of units equal to 5% of the aggregate number of Common Shares subscribed for under the Offering. Each unit is comprised of one Common Share and one common share purchase warrant, each entitling the holder to subscribe for one Common Share at a price of $0.10 during a period of five years following its issuance.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Corporation in any jurisdiction in which such offer, solicitation of sale would be unlawful. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom. Any public offering of the securities in the United States may only be made by means of a prospectus containing detailed information about the Corporation and its management as well as financial statements.

Conference Call

Golden Moor invites all interested parties to join a conference call at 8:00p.m. on Thursday, July 15 to discuss the process for the Offering and to answer any questions. The Corporation's president and CEO, Marc Saint-Onge, as well as Marc Henry, Security Broker - Corporate finance with the Agent, will be present.

To join the conference call, please dial 1-888-683-5563 and enter code 905197#.

About Golden Moor Inc.

Golden Moor Inc. is a privately-held company whose mission for the past 20 years has been to improve global health with natural products, special equipment and personal services. It has developed over 89 recipes derived from moor mud with uncommonly high humic acid content. In 1994, the Golden Moor brand was officially launched and Golden Moor opened a 5,000 square foot manufacturing plant. In 1998, the Corporation began selling directly to consumers. In 2007, it implemented a full-fledged affiliate program through an online web interface.

For more information, please contact
JitneyTrade Inc.
Marc Henry
Security Broker - Corporate finance
514-985-8073
marc.henry@jitneytrade.com


http://www.marketwire.com/press-release/Golden-Moor-Files-Preliminary-Prospectus-for-Initial-Public-Offering-1291136.htm