GBN: TSX Venture Exchange

SASKATOON, Aug. 28 /CNW/ - Further to the Company's private placement which closed September 15, 2008, the Company announces that subject to regulatory approval, it proposes to amend the expiry date of a total of 9,000,000 transferable share purchase warrants exercisable to purchase up to 9,000,000 shares of the Company. Specifically, the Company will seek approval of the TSX Venture Exchange to amend the warrants by extending the term an additional one year to September 15, 2010.

About Golden Band

Golden Band Resources, already Saskatchewan's leading gold explorer, is now poised to also become a gold producer. Golden Band is a Saskatchewan-based publicly listed company (GBN: TSXV) whose focus is the long-term, systematic exploration and development of its 100%-owned La Ronge Gold Belt properties. Since 1994, Golden Band has assembled through staking and strategic acquisition a land package of more than 750 km(2), including 12 known gold deposits, five former producing mines, and a licensed gold mill. Golden Band's key value drivers are the methodical and systematic targeting of primary to advanced-stage exploration while progressing along a parallel path to becoming a sustainable gold producer. The Company is aggressively pursuing its near-term goal of commercial production of its Bingo, Komis, and EP deposits with processing at the 100%-owned Jolu mill. The Company's objective, supported by a positive Pre-Feasibility Study completed in January 2009, is the annual production of at least 75,000 ounces of gold over a ten-year project life. Other longer-term objectives include the continuation of its highly successful exploration and acquisition strategy.

On behalf of the Board of Directors of Golden Band Resources Inc.,
"Rodney G. Orr"
Rodney G.