SunGold Gets VC
By staff

Vancouver, BC : [Business Wire] December 31, 2001 ~ Sungold Entertainment Corp.

(OTC BB: SGGNF News, Frankfurt: WKN 608164 News) Sungold Management have invested $180,000. USD in a Private Placement of 3,000,000 units, each unit is comprised of one common share of Sungold Entertainment Corp. and a warrant to purchase an additional share at an exercise price of $0.06 USD per share until December, 2004. The offer and sale was not registered under the Securities Act of 1933 and no securities may be offered or sold absent an applicable exemption from the registration requirements of the Securities Act of 1933.

For investor information please contact:

Lindsay Malcolm European Investor Relations Contact:

Sungold Entertainment Corp. Henry Bohl, CEO Baltic Investment GmbH

1-604-725-1757 Tel: 01149 172 43 63 477

email: Fax: 01149 451 709 878 19 Corporate Inquiries: Mike Bennett:

Horsepower Affiliate Opportunities: Alan Weinrib:

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