HIGH RIVER GOLD OBTAINS RECEIPT FOR
SHORT FORM PRELIMINARY PROSPECTUS
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE U.S.
Toronto, October 8, 2004 (TSX:HRG) – High River Gold Mines Ltd. (“High River”) is pleased
to announce that it has obtained the receipt dated October 7, 2004 for its short form preliminary
prospectus in connection with the Cdn. $50 million bought deal financing previously announced
on October 5, 2004. The offering is scheduled to close on or about October 26, 2004.
The offering was oversubscribed, including the “Underwriters’ Option”, resulting in gross
proceeds of Cdn. $60 million.
Proceeds of the offering will be used by the Company for the development of the
Taparko/Bouroum and Berezitovy Projects and for general corporate purposes.
The securities offered have not been registered under the U.S. Securities Act of 1933, as
amended, and may not be offered or sold in the United States absent registration or applicable
exemption from the registration requirements. This press release shall not constitute an offer to
sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State
in which such offer, solicitation or sale would be unlawful.
For further information, please contact:
David Mosher, President and CEO or Don Whalen, Chairman
High River Gold Mines Ltd.
(416) 947-1440 or visit our website at www.hrg.ca
HIGH RIVER GOLD MINES LTD.
155 University Avenue, Suite 1700, Toronto, Canada M5H 3B7 Tel: (416) 947-1440 Fax (416) 360-0010