Item 1.01: Entry into a Material Definitive Agreement
Private Placement of Shares of Common Stock
Effective September 30, 2009, the Company and Northern Capital
Resources Corp closed the second tranche of the private placement by the issue
of 9,290,000 shares of common stock at a purchase price of US$0.10 per share for
aggregate proceeds of US$929,000. The proceeds were utilized to make the next
subscription for shares in Acadian Mining Corporation. The Private Placement was
made to and was affected pursuant to the terms of a Subscription Agreement dated
September 3, 2009 that was filed on Form 8-K on September 3, 2009.
For more information regarding the Company's investment in Acadian,
please see the Company's Current Reports on Form 8-K filed March 20, 2009 and
June 10, 2009, which is incorporated herein by reference. The Company's current
holding in Acadian is 57.1% of the issued and outstanding shares of Acadian.
Item 3.02: Unregistered Sales of Equity Securities
The description of the Private Placement set forth above is hereby
incorporated herein by reference to the Form 8-K filed on September 30, 2009.
The securities that are being issued pursuant to this Private Placement are
being issued in reliance upon an exemption from the registration requirements of
the Securities Act of 1933, as amended (the "Act") under section 4(2) of the Act
and under Regulation S and D promulgated under the Act.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GOLDEN RIVER RESOURCES CORPORATION (Company)
By:
/s/ Peter Lee
--------------------------------
Peter Lee
Secretary
Dated: October 1, 2009