Toronto, Ontario--(Newsfile Corp. - December 24, 2018) - Golden Share Resources Corporation (TSXV: GSH) ("Golden Share" or the "Company") is pleased to announce that, in connection with the upcoming spinout ("Spinout") of its energy storage business into Harmony Energy Technologies Corporation ("Spinco"), January 3, 2019 (the "Record Date") has been set as the record date for the Spinout. On that date, all common shares of Golden Share ("Old GSH Shares") will be withdrawn from the CDS & Co. system (the "CDS System"). All shareholders of record as of the close of business on the Record Date, upon receipt by the depositary of their share certificates/DRS advices and letters of transmittal, will then receive 1 share of Spinco for every 10 Old GSH Shares, with fractions being rounded down. Those shareholders will also receive 1 new common share of Golden Share ("New GSH Shares") for each Old GSH Share. New GSH Shares will subsequently be redeposited in the CDS System.

Golden Share received the final approval order approving the spinout from the Ontario Superior Court of Justice on December 14, 2018 and expects to complete the Spinout on or about January 7, 2019

For more information on the Spinout, please see Golden Share's press release of October 15, 2018 and December 13, 2018 as well as Golden Share's management information circular dated October 22, 2018 (the "Circular").