DECEMBER 13, 2011

Golden Queen Mining Co. Ltd. (TSX:GQM) announces that warrants have been exercised to acquire 1,250,000 common shares of the Company at an exercise price of CAD$1.75 and 1,250,000 common shares of the Company at an exercise price of CAD$2.00 for total proceeds to the Company of CAD$4,687,500. The proceeds from the exercise of the warrants will be applied towards ongoing operations and general working capital. 

A registration statement relating to these securities has been filed with the United States Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

Information on Golden Queen Mining Co. Ltd. is available on the SEDAR web site at www.sedar.com and on the Company’s website at www.goldenqueen.com.

For Further Information Regarding this News Release Please Contact:

Lutz Klingmann, P.Eng., President
Telephone: (604) 921-7570
email: mintoexpl@telus.net

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.

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