---

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 10-Q

(Mark One)

[X]QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2011

or

[   ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from
___________________________ to ___________________________

Commission File Number 333-169757

GOLDEN GLOBAL CORP.(Exact name of registrant as specified in its charter)

|Nevada                                                               | N/A                              
|-------------------------------------------------------------------- | ---------------------------------
|(State or other jurisdiction of incorporation or
      organization) | (IRS Employer Identification No.)
|                                                                     |                                  
|17412 105 Ave NW, Suite 201, Edmonton, Alberta                       | T5S 1G4                          
|(Address of principal executive offices)                             | (Zip Code)                       

780.443.4652(Registrants telephone number,
including area code)

N/A(Former name, former address and
former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. [X] YES    
[   ] NO

Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Web site, if any, every Interactive
Data File required to be submitted and posted pursuant to Rule 405 of Regulation
S-T (§232.405 of this chapter) during the preceding 12 months (or for such
shorter period that the registrant was required to submit and post such
files).[   ] YES     [   ] NO

Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated filer, or a small
reporting company. See the definitions of large accelerated filer,
accelerated filer and smaller reporting company in Rule 12b-2 of the
Exchange Act.

Large accelerated filer [   ]
    
    Accelerated
      filer                 [  
      ]Non-accelerated filer   [   ]
    (Do not check if a smaller reporting company)
    Smaller reporting company [X]


Indicate by check mark whether the registrant is a shell company
(as defined in Rule 12b-2 of the Exchange Act [   ]
YES     [X] NO

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCYPROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant has filed all documents and reports
required to be filed by Sections 12, 13 or 15(d) of the Exchange Act after the
distribution of securities under a plan confirmed by a court.[   ]
YES     [   ] NO

APPLICABLE ONLY TO CORPORATE ISSUERS

Indicate the number of shares outstanding of each of the
issuers classes of common stock, as of the latest practicable date.
33,947,417common shares issued and outstanding as of June 20, 2011.

1

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PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

Our consolidated unaudited interim financial statements for the
three and nine month periods ended March 31, 2011 form part of this quarterly
report. They are stated in Canadian Dollars (CDN$) and are prepared in
accordance with United States generally accepted accounting principles.

2

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Golden Global Corporation(An Exploration Stage
Company) Consolidated Balance Sheets (Unaudited) As at March 31, 2011
and June 30, 2010 
  Stated in Canadian dollars

|                                                                                                                                                                                             |   | March
      31, |   |   | June 30, |  
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | - | --------------- | - | - | -------- | -
|                                                                                                                                                                                             |   | 2011            |   |   | 2010     |  
|ASSETS                                                                                                                                                                                       |   |                 |   |   |          |  
|Current                                                                                                                                                                                      |   |                 |   |   |          |  
|Cash and
      cash equivalents                                                                                                                                                              | $ | 36,122          |   | $ | 148,241  |  
|Sales tax receivable                                                                                                                                                                         |   | 1,601           |   |   | 100      |  
|Prepaid
      expenses                                                                                                                                                                       |   | 376             |   |   | 11,000   |  
|Total current assets                                                                                                                                                                         |   | 38,099          |   |   | 159,341  |  
|Property and equipment                                                                                                                                                                       |   |                 |   |   |          |  
|Equipment (Note 4)                                                                                                                                                                           |   | 165,153         |   |   | 156,457  |  
|Mineral
      properties, unproven (Note 5)                                                                                                                                                  |   | 26,249          |   |   | 2        |  
|Deposit on mineral
      properties                                                                                                                                                          |   | -               |   |   | 10,000   |  
|Total property and equipment                                                                                                                                                                 |   | 191,402         |   |   | 166,459  |  
|Total Assets                                                                                                                                                                                 | $ | 229,501         |   | $ | 325,800  |  
|LIABILITIES                                                                                                                                                                                  |   |                 |   |   |          |  
|Current                                                                                                                                                                                      |   |                 |   |   |          |  
|Accounts
      payable and accrued liabilities                                                                                                                                               |   |                 |   |   |          |  
|Third parties                                                                                                                                                                                | $ | 16,515          |   | $ | 308      |  
|Related parties                                                                                                                                                                              |   | 17,085          |   |   | -        |  
|Due to related parties
      (Note 6)                                                                                                                                                        |   | 338             |   |   | 338      |  
|Total Liabilities                                                                                                                                                                            |   | 33,938          |   |   | 646      |  
|Going concern (Note 1)                                                                                                                                                                       |   |                 |   |   |          |  
|STOCKHOLDERS' EQUITY                                                                                                                                                                         |   |                 |   |   |          |  
|Capital Stock (Note 7)                                                                                                                                                                       |   |                 |   |   |          |  
|Authorized:            
      75,000,000 with a par value of
      $0.0001          Outstanding
      but not
      issued            
      33,947,417 common stock (33,020,000 at June 30) |   | 3,395           |   |   | 3,302    |  
|Additional paid in capital                                                                                                                                                                   |   | 424,409         |   |   | 366,991  |  
|Deficit accumulated during the exploration
      stage                                                                                                                                       |   | (293,499        | ) |   | (45,139  | )
|                                                                                                                                                                                             |   | 134,305         |   |   | 325,154  |  
|Equity attributable to non-controlling
      interest                                                                                                                                        |   | 61,258          |   |   | -        |  
|Total Stockholders' Equity                                                                                                                                                                   |   | 195,563         |   |   | 325,154  |  
|Total Liabilities and Stockholders' Equity                                                                                                                                                   | $ | 229,501         |   | $ | 325,800  |  

3

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GoldenGlobalCorporation(An
Exploration Stage Company) Consolidated Statements of Operations (Unaudited)
For the three month periods ended March 31, 2011, and March 31, 2010,
For the nine month period ended March 31, 2011, and the period from
December 10, 2009 (Inception) to March 31, 2010, and From December 10,
2009 (Inception) to March 31, 2011 
  Stated in Canadian dollars

From
    
    
    Cumulative from3 months
    
    
    3 months
    
    
    9 months
    
    
    December 10,
    
    
    December 10,ended
    
    
    ended
    
    
    ended
    
    
    2009
    
    
    2009March 31,
    
    
    March 31,
    
    
    March 31,
    
    
    (Inception) to
    
    
    (Inception) to2011
    
    
    2010
    
    
    2011
    
    
    March
      31, 2010
    
    
    March
      31, 2011ExpensesAdministration fees
    $
    9,450
    
    $
    3,150
    
    $
    24,525
    
    $
    3,150
    
    $
    32,925Consulting
      fees
    
    13,170
    
    
    -
    
    
    20,604
    
    
    -
    
    
    38,836Depreciation
    
    10,740
    
    
    -
    
    
    32,215
    
    
    -
    
    
    49,599Professional fees
    
    4,693
    
    
    -
    
    
    40,156
    
    
    -
    
    
    40,464Office and general
    
    56,911
    
    
    142
    
    
    113,648
    
    
    142
    
    
    114,008Travel
      expenses
    
    -
    
    
    -
    
    
    15,598
    
    
    -
    
    
    16,053(94,964
    )
    
    (3,292
    )
    
    (246,746
    )
    
    (3,292
    )
    
    (291,885
    )Other ItemsInterest income
    
    8
    
    
    -
    
    
    23
    
    
    -
    
    
    238
    
    
    -
    
    
    23
    
    
    -
    
    
    23Net loss for period
    
    (94,956
    )
    
    (3,292
    )
    
    (246,723
    )
    
    (3,292
    )
    
    (291,862
    )Dividend attributed to non-controlling
      interest
    
    1,352
    
    
    -
    
    
    1,637
    
    
    -
    
    
    1,637Net loss available to equity
      shareholders
    $
    (96,308
    )
    $
    (3,292
    )
    $
    (248,360
    )
    $
    (3,292
    )
    $
    (293,499
    )Basic and diluted income (loss) per share
    $
    (0.003
    )
    $
    (0.000
    )
    $
    (0.007
    )
    $
    (0.000
    )Weighted average number of
      shares outstanding
    
    33,947,417
    
    
    26,774,167
    
    
    33,644,099
    
    
    26,397,973


4

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GoldenGlobalCorporation(An
Exploration Stage Company) Consolidated Statement of Stockholder's Equity
(Unaudited) For the period ended March 31, 2011 
  Stated in Canadian dollars

|                                                                          |  |                    |  |   |        |  |   |            |  |   |                 |   |   | Equity        |   |   |                 |  |   |         |  
|------------------------------------------------------------------------- |  | ------------------ |  | - | ------ |  | - | ---------- |  | - | --------------- | - | - | ------------- | - | - | --------------- |  | - | ------- | -
|                                                                          |  | Common
      Stock |  |   |        |  |   |            |  |   | attributable to |   |   | Equity        |   |   |                 | 
|                                                                          |  |                    |  |   |        |  |   | Additional |  |   |                 |   |   | Golden Global |   |   | attributable to |  |   |         |  
|                                                                          |  |                    |  |   |        |  |   | Paid in    |  |   | Accumulated     |   |   | Corp          |   |   | non-controlling |  |   | Total   |  
|                                                                          |  | Shares             |  |   | Amount |  |   | Capital    |  |   | Deficit         |   |   | Shareholders  |   |   | interests       |  |   | Equity  |  
|Balance, December 10, 2009                                                |  | -                  |  | $ | -      |  | $ | -          |  | $ | -               |   | $ | -             |   | $ | -               |  | $ | -       |  
|December 10, 2009, issue of shares for cash at $.0001/sh                  |  | 8,500,000          |  |   | 850    |  |   | -          |  |   | -               |   |   | 850           |   |   | -               |  |   | 850     |  
|December 12, 2009, issue of shares for equipment
      and mineral rights |  | 18,000,000         |  |   | 1,800  |  |   | 172,043    |  |   | -               |   |   | 173,843       |   |   | -               |  |   | 173,843 |  
|March 1, 2010, issue of shares for cash at $.03/sh                        |  | 1,175,000          |  |   | 118    |  |   | 35,182     |  |   | -               |   |   | 35,300        |   |   | -               |  |   | 35,300  |  
|April 15, 2010, issue of shares for cash at
      $.03/sh                 |  | 1,885,000          |  |   | 189    |  |   | 56,312     |  |   | -               |   |   | 56,501        |   |   | -               |  |   | 56,501  |  
|June 4, 2010 issue of shares for cash at $.03/sh                          |  | 3,460,000          |  |   | 346    |  |   | 103,454    |  |   | -               |   |   | 103,800       |   |   | -               |  |   | 103,800 |  
|                                                                          |  |                    |  |   |        |  |   |            |  |   |                 |   |   |               |   |   |                 |  |   |         |  
|Loss for the period                                                       |  | -                  |  |   | -      |  |   | -          |  |   | (45,139         | ) |   | (45,139       | ) |   | -               |  |   | (45,139 | )
|Balance, June 30, 2010                                                    |  | 33,020,000         |  |   | 3,302  |  | $ | 366,991    |  | $ | (45,139         | ) | $ | 325,154       |   | $ | -               |  | $ | 325,154 |  

5

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GoldenGlobalCorporation(An
Exploration Stage Company) Consolidated Statement of Stockholder's Equity
(Unaudited) (Continued) For the period ended March 31, 2011 
  Stated in Canadian dollars

|                                                                               |  |                    |  |   |        |  |   |            |  |   |                 |   |   | Equity        |   |   |                 |   |   |          |  
|------------------------------------------------------------------------------ |  | ------------------ |  | - | ------ |  | - | ---------- |  | - | --------------- | - | - | ------------- | - | - | --------------- | - | - | -------- | -
|                                                                               |  | Common
      Stock |  |   |        |  |   |            |  |   | attributable to |   |   | Equity        |   |   |                 |  
|                                                                               |  |                    |  |   |        |  |   | Additional |  |   |                 |   |   | Golden Global |   |   | attributable to |   |   |          |  
|                                                                               |  |                    |  |   |        |  |   | Paid in    |  |   | Accumulated     |   |   | Corp          |   |   | non-controlling |   |   | Total    |  
|                                                                               |  | Shares             |  |   | Amount |  |   | Capital    |  |   | Deficit         |   |   | Shareholders  |   |   | interests       |   |   | Equity   |  
|Balance, June 30, 2010                                                         |  | 33,020,000         |  | $ | 3,302  |  | $ | 366,991    |  | $ | (45,139         | ) | $ | 325,154       |   | $ | -               |   | $ | 325,154  |  
|September 27, 2010 issue of shares for McDame property                         |  | 333,667            |  |   | 33     |  |   | 9,977      |  |   | -               |   |   | 10,010        |   |   | -               |   |   | 10,010   |  
|September 28, 2010 issue of shares for cash
      at $.08/sh                   |  | 593,750            |  |   | 59     |  |   | 47,441     |  |   | -               |   |   | 47,500        |   |   | -               |   |   | 47,500   |  
|November 30, 2010, issue of 420,000 preferred shares for cash
      at $.10/sh |  | -                  |  |   | -      |  |   | -          |  |   | -               |   |   | -             |   |   | 42,000          |   |   | 42,000   |  
|February 18, 2011,issue of 280,000 preferred
      shares for cash at $.10/sh  |  | -                  |  |   | -      |  |   | -          |  |   | -               |   |   | -             |   |   | 28,000          |   |   | 28,000   |  
|                                                                               |  |                    |  |   |        |  |   |            |  |   |                 |   |   |               |   |   |                 |   |   |          |  
|Preferred shares issuing cost                                                  |  | -                  |  |   | -      |  |   | -          |  |   | -               |   |   | -             |   |   | (8,742          | ) |   | (8,742   | )
|                                                                               |  |                    |  |   |        |  |   |            |  |   |                 |   |   |               |   |   |                 |   |   |          |  
|Loss for the period                                                            |  | -                  |  |   | -      |  |   | -          |  |   | (246,723        | ) |   | (246,723      | ) |   | -               |   |   | (246,723 | )
|                                                                               |  |                    |  |   |        |  |   |            |  |   |                 |   |   |               |   |   |                 |   |   |          |  
|Dividends                                                                      |  | -                  |  |   | -      |  |   | -          |  |   | (1,637          | ) |   | (1,637        | ) |   | -               |   |   | (1,637   | )
|Balance, March 31, 2011                                                        |  | 33,947,417         |  | $ | 3,395  |  | $ | 424,409    |  | $ | (293,499        | ) | $ | 134,305       |   | $ | 61,258          |   | $ | 195,563  |  

6

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Golden Global Corporation(An Exploration Stage
Company) Consolidated Statements of Cash Flows (Unaudited) For the nine
months ended March 31, 2011, From December 10, 2009 (Inception) to March 31,
2010, and From December 10, 2009 (Inception) to March 31, 2011 
  Stated in Canadian dollars

|                                                                                     |   |           |   |   |                |   |   | Cumulative     |  
|------------------------------------------------------------------------------------ | - | --------- | - | - | -------------- | - | - | -------------- | -
|                                                                                     |   |           |   |   | From           |   |   | from           |  
|                                                                                     |   |           |   |   | December 10,   |   |   | December 10,   |  
|                                                                                     |   | 9 months  |   |   | 2009           |   |   | 2009           |  
|                                                                                     |   | ended     |   |   | (Inception) to |   |   | (Inception) to |  
|                                                                                     |   | March 31, |   |   | March 31,      |   |   | March 31,      |  
|                                                                                     |   | 2011      |   |   | 2010           |   |   | 2011           |  
|Operating activities                                                                 |   |           |   |   |                |   |   |                |  
|Net loss for period                                                                  | $ | (246,723  | ) | $ | (3,292         | ) | $ | (291,862       | )
|Depreciation                                                                         |   | 32,215    |   |   | -              |   |   | 49,599         |  
|Changes in non-cash working
      capital balances                                   |   |           |   |   |                |   |   |                |  
|Sales tax receivable                                                                 |   | (1,501    | ) |   | -              |   |   | (1,601         | )
|Prepaid
      expenses                                                               |   | 10,624    |   |   | -              |   |   | (376           | )
|Accounts payable and
      accrued liabilities                                       |   | 33,292    |   |   | -              |   |   | 33,600         |  
|Net cash provided by (used in)
      operating activities                            |   | (172,093  | ) |   | (3,292         | ) |   | (210,640       | )
|Financing activities                                                                 |   |           |   |   |                |   |   |                |  
|Common share issued                                                                  |   | 47,500    |   |   | 44,830         |   |   | 243,950        |  
|Preferred shares issued to non-controlling
      interest                            |   | 61,258    |   |   | -              |   |   | 61,258         |  
|Dividends to non-controlling
      interest                                          |   | (1,637    | ) |   | -              |   |   | (1,637         | )
|Due to related parties                                                               |   | -         |   |   | 338            |   |   | 338            |  
|Net cash proved by (used in)
      financing activities                              |   | 107,121   |   |   | 45,168         |   |   | 303,909        |  
|Investing activities                                                                 |   |           |   |   |                |   |   |                |  
|Mineral properties                                                                   |   | (6,237    | ) |   | -              |   |   | (16,237        | )
|Equipment purchase                                                                   |   | (40,911   | ) |   | -              |   |   | (40,911        | )
|Net cash proved by (used in)
      investing activities                              |   | (47,148   | ) |   | -              |   |   | (57,148        | )
|                                                                                     |   |           |   |   |                |   |   |                |  
|Increase (decrease) in cash and cash equivalents
      during the period             |   | (112,120  | ) |   | 41,876         |   |   | 36,121         |  
|Cash and cash equivalents, beginning of the period                                   |   | 148,241   |   |   | -              |   |   | -              |  
|Cash and cash equivalents, end of the
      period                                   | $ | 36,121    |   | $ | 41,876         |   | $ | 36,121         |  
|Supplemental cash flow information                                                   |   |           |   |   |                |   |   |                |  
|Non-cash financing activities                                                        |   |           |   |   |                |   |   |                |  
|- 18,000,000 shares issued for equipment of $173,841
      and $2 for mineral rights | $ | -         |   | $ | 173,843        |   | $ | 173,843        |  
|- 333,667 shares issued for McDame
      property                                    | $ | 10,010    |   | $ | -              |   | $ | 10,010         |  
|- Income taxes paid                                                                  | $ | -         |   | $ | -              |   | $ | -              |  
|- Interest paid                                                                      | $ | -         |   | $ | -              |   | $ | -              |  

7

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GOLDEN GLOBAL CORP. (An Exploration Stage Company)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) March 31,
2011 
  Stated in Canadian dollars

Note 1  Nature and Continuance of Operations

Golden Global Corp. ("the Company") was incorporated in the
State of Nevada, USA on December 10, 2009. It owns a 100% interest in Golden
Global Mining Corporation which was incorporated in the Province of Alberta,
Canada on January 10, 2010. The Company is in the exploration stage and it is
currently looking at developing properties it has acquired in British Columbia,
Canada.

The Company has adopted June 30 as its fiscal year end.

These financial statements have been prepared in accordance
with generally accepted accounting principles applicable to a going concern,
which assumes that the Company will be able to meet its obligations and continue
its operations for its next fiscal year. Realization values may be substantially
different from carrying values as shown and these financial statements do not
give effect to adjustments that would be necessary to the carrying values and
classification of assets and liabilities should the Company be unable to
continue as a going concern. At March 31, 2011, the Company had not yet achieved
profitable operations and has accumulated losses of $291,862 since its
inception. The Company expects to incur further losses in the development of its
business, all of which casts substantial doubt about the Companys ability to
continue as a going concern. The Companys ability to continue as a going
concern is dependent upon its ability to generate future profitable operations
and/or to obtain the necessary financing to meet its obligations and repay its
liabilities arising from normal business operations when they come due.
Management anticipates that additional funding will be in the form of equity
financing from the sale of common stock. Management may also seek to obtain
short-term loans from the directors of the Company. There are no current
arrangements in place for equity funding or short-term loans.

Note 2  Interim Reporting

While the information presented in the accompanying interim six
months consolidated financial statements is unaudited, it includes all
adjustments, which are, in the opinion of management, necessary to present
fairly the financial position, results of operations and cash flows for the
interim periods presented in accordance with accounting principles generally
accepted in the United States of America. These interim financial statements
follow the same accounting policies and methods of their application as the
Companys June 30, 2010 annual consolidated financial statements. All
adjustments are of a normal recurring nature. It is suggested that these interim
consolidated financial statements be read in conjunction with the Companys June
30, 2010 annual consolidated financial statements. Operating results for the
three and nine months ended March 31, 2011 are not necessarily indicative of the
results that can be expected for the year ended June 30, 2011.

8

---

GOLDEN GLOBAL CORP. (An Exploration Stage Company)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) March 31,
2011 
  Stated in Canadian dollars

Note 2  Interim Reporting - continued

The consolidated financial statements, which include the
Company and its subsidiary, Golden Global Mining Corporation are prepared under
the accrual basis of accounting in accordance with accounting principles
generally accepted in the United States of America. All significant
inter-company accounts and transactions have been eliminated. The consolidated
financial statements include 100% of the assets, liabilities, and net income or
loss of its wholly-owned subsidiary.

Note 3  Accounting policies

There have been no changes in accounting policies from those
disclosed in the notes to the audited consolidated financial statements for the
year ended June 30, 2010.

Functional Currency

The Companys functional currency is the Canadian dollar. All
amounts shown on these statements are stated in Canadian dollars.

Development Stage Company

The Company is a development stage company as defined in the
Financial Accounting Standards Board (FASB) Accounting Standards Codification
(ASC) Topic 205-915, Development Stage Entities. The Company is still in the
developmental stage, devoting substantially all of its present efforts to
establishing its business. Its planned principal operations have not commenced,
as only one subsidiary has started to realize some revenues but has not achieved
full operations. All losses accumulated since inception has been considered as
part of the Companys development stage activities.

Financial Instruments

The carrying values of cash and cash equivalents, accounts
payable and accrued liabilities and due to related parties approximate fair
value because of the short-term nature of these instruments.

The Company has cash balances at well-known financial
institutions. Balances in Canadian dollars at Canadian institutions are
protected by insurance up to specified amount. Amounts not at Canadian
institutions and /or over those specified amounts are subject to risk. At March
31, 2011, the amount not covered by insurance was $14,104. ($48,241 was not
covered by insurance as at June 30, 2010.)

9

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GOLDEN GLOBAL CORP. (An Exploration Stage Company)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) March 31,
2011 
  Stated in Canadian dollars

Financial Instruments - continued

Management is of the opinion that the Company is not exposed to
significant interest, currency or credit risks arising from these financial
instruments.

Recent Accounting Pronouncements

The Company adopts new pronouncements relating to generally
accepted accounting principles applicable to the Company as they are issued,
which may be in advance of their effective date. Management does not believe
that any recently issued, but not yet effective accounting standards, if
currently adopted, would have a material effect on the accompanying financial
statements.

Note 4 - Equipment

Equipment is capitalized and depreciated on a straight-line
basis over 5 years.

A breakdown of equipment is as follows:

10

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GOLDEN GLOBAL CORP. (An Exploration Stage Company)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) March 31,
2011 
  Stated in Canadian dollars

Note 4  Equipment - continued

As at March 31, 2011

|                       |   |         |  |   | Accumulated  |  |   | Net Book | 
|---------------------- | - | ------- |  | - | ------------ |  | - | -------- | 
|                       |   | Cost    |  |   | Depreciation |  |   | Value    | 
|                       |   |         |  |   |              |  |   |          | 
|Furniture and fixtures | $ | 1,090   |  | $ | 273          |  | $ | 817      | 
|Mining equipment       |   | 212,599 |  |   | 49,060       |  |   | 163,539  | 
|Computers              |   | 1,063   |  |   | 266          |  |   | 797      | 
|                       | $ | 214,752 |  | $ | 49,598       |  | $ | 65,153   | 

As at June 30, 2010

|                       |   |         |  |   | Accumulated  |  |   | Net Book | 
|---------------------- | - | ------- |  | - | ------------ |  | - | -------- | 
|                       |   | Cost    |  |   | Depreciation |  |   | Value    | 
|                       |   |         |  |   |              |  |   |          | 
|Furniture and fixtures | $ | 1,090   |  | $ | 109          |  | $ | 981      | 
|Mining equipment       |   | 171,688 |  |   | 17,169       |  |   | 154,519  | 
|Computers              |   | 1,063   |  |   | 106          |  |   | 957      | 
|                       | $ | 173,841 |  | $ | 17,384       |  | $ | 156,457  | 

Note 5  Mineral Property

On December 12, 2009, the Company purchased two mineral
properties and mining equipment in British Columbia, Canada, from a company with
common officers through the issuance of 18,000,000 shares. The properties
purchased are the Thibert Creek and Dynasty claims and were recorded at the
carrying value of the vendor.

On May 16, 2010, the Company made a $10,000 deposit on property
known as the McDame property, which includes placer claims #362586 and #363240
located near Cassiar, in the Liard Mining Division of British Columbia, Canada.
The Company finalized the purchase of the claims on September 27, 2010 through
the issuance of 333,667 shares representing an agreed value of $10,010.

On October 29, 2010, the Company paid $6,237 in order to keep
mineral claims active until March 31, 2011.

Subsequent to the period end $3,788 was paid to keep the
mineral claims active to at least June 30, 2011 and in some cases to September
30, 2011.

11

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GOLDEN GLOBAL CORP. (An Exploration Stage Company)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) March 31,
2011 
  Stated in Canadian dollars

Note 6  Related Parties  balances and transactions

Amounts due to related parties represent advances made on
demand but without interest.

During the nine month period ended March 31, 2011, the Company
paid $29,500 for management and consulting services to a director. $4,615 was
paid for consulting services to a company with common officers during the same
period.

In addition, during the nine month period ended March 31, 2011,
$28,933 was paid to the same company for expense re-imbursements.

Note 7 - Capital Stock  Common Shares

On December 10, 2009, the Companys directors approved the
issuance of 8,500,000 common stock at $.0001 for total cash proceeds of $850.
Receipt of the funds was completed on May 21, 2010.

On December 12, 2009, the Companys directors approved the
issuance of 18,000,000 common stock for equipment and mineral property with a
total value of $173,843.

On March 10, 2010, the Companys directors approved the
issuance of 1,175,000 common stock for total cash proceeds of $35,250.

On April 15, 2010, the Companys directors approved the
issuance of 1,885,000 common stock for total cash proceeds of $56,550.

On June 4, 2010, the Companys directors approved the issuance
of 3,460,000 common stock for total cash proceeds of $103,800.

On September 27, 2010, the Companys directors approved the
issuance of 333,667 common stock for mineral properties with a value of $10,010.

On September 28, 2010, the Companys directors approved the
issuance of 593,750 common stock for total cash proceeds of $47,500.

As of March 31, 2011, there are no share options or warrants
outstanding.

12

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GOLDEN GLOBAL CORP. (An Exploration Stage Company)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) March 31,
2011 
  Stated in Canadian dollars

Note 9  Preferred Shares

On November 30, 2010, the Companys 100% wholly owned
subsidiary, Golden Global Mining Corporation, closed a private placement of
420,000 preferred shares at $0.10 per share for a gross proceed of $42,000.
These shares bear a cumulative dividend of 8% per annum and are redeemable at
the option of the Company on or before the first year anniversary from the date
of closing.

On February 18, 2011, the subsidiary closed a second private
placement for an additional 280,000 preferred shares for a gross proceed of
$28,000. The shares for the second closing also bear a cumulative dividend of 8%
per annum and are redeemable at the option of the Company on or before the
second year anniversary from the date of closing.

13

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Item 2. Management's Discussion and Analysis of Financial
Condition and Results of Operations

FORWARD-LOOKING STATEMENTS

This quarterly report contains forward-looking statements.
These statements relate to future events or our future financial performance. In
some cases, you can identify forward-looking statements by terminology such as
"may", "should", "expects", "plans", "anticipates", "believes", "estimates",
"predicts", "potential" or "continue" or the negative of these terms or other
comparable terminology. These statements are only predictions and involve known
and unknown risks, uncertainties and other factors that may cause our or our
industry's actual results, levels of activity, performance or achievements to be
materially different from any future results, levels of activity, performance or
achievements expressed or implied by these forward-looking statements. Although
we believe that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity, performance
or achievements. Except as required by applicable law including the securities
laws of the United States, we do not intend to update any of the forward-looking
statements to conform these statements to actual results.

Our consolidated unaudited financial statements are stated in
Canadian Dollars (CDN$) and are prepared in accordance with United States
Generally Accepted Accounting Principles. The following discussion should be
read in conjunction with our financial statements and the related notes that
appear elsewhere in this quarterly report. The following discussion contains
forward-looking statements that reflect our plans, estimates and beliefs. Our
actual results could differ materially from those discussed in the forward
looking statements. Factors that could cause or contribute to such differences
include, but are not limited to, those discussed below and elsewhere in this
quarterly report.

In this quarterly report, unless otherwise specified, all
dollar amounts are expressed in Canadian dollars. All references to "CDN$" refer
to Canadian dollars and all references to "common shares" refer to the common
shares in our capital stock.

As used in this quarterly report, the terms we, us, our
and our company refer to Golden Global Corp. and our wholly owned subsidiary
Golden Global Mining Corporation (an Alberta, Canada corporation), unless
otherwise indicated.

General Overview

We were incorporated on December 9, 2009 under the laws of the
State of Nevada. We have a wholly-owned subsidiary, Golden Global Mining
Corporation, incorporated under the laws of Alberta. Our principal executive
offices are located at Suite 201, 17412 105 Ave NW, Edmonton, Alberta, T5S 1G4.
Our telephone number is 780.443.4652. Our website address is
www.goldenglobal.ca. Our fiscal year end is June 30.

We are a start up, exploration stage company. We have only
recently begun operations and we rely upon the sale of our securities to fund
those operations as we have not generated any revenue. We have a going concern
uncertainty as of the date of our June 30, 2010 financial statements. Our
initial goal is to begin mining our placer gold claims on our McDame property
located in north central British Columbia, Canada. The McDame property consists
of placer claims #362586 and #363240, located near Cassiar, in the Liard Mining
Division of British Columbia, Canada. Our long term aim is to explore and, if
warranted, develop further mining operations on the two other properties which
we own, the Thibert Creek placer gold property and Dynasty property located
in north western British Columbia.

Results of Operations

The following summary of our results of operations should be
read in conjunction with our financial statements for the quarter ended March
31, 2011 which are included herein.

Three and nine month periods ending March 31, 2011 and from
December 10, 2009 (inception) to March 31, 2010 and cumulative from December 10,
2009 (inception) to March 31, 2011

14

---

CumulativeFrom
    
    
    FromThree
    
    
    Three
    
    
    Nine
    
    
    December 10,
    
    
    December 10,Months
    
    
    Months
    
    
    Months
    
    
    2009
    
    
    2009Ended
    
    
    Ended
    
    
    Ended
    
    
    (Inception) to
    
    
    (Inception) toMarch 31,
    
    
    March 31,
    
    
    March 31,
    
    
    March 31,
    
    
    March 31,2011
    
    
    2010
    
    
    2011
    
    
    2010
    
    
    2011Revenues
    $
    Nil
    
    $
    Nil
    
    $
    Nil
    
    $
    Nil
    
    $
    NilExpenses
    $
    (94,964
    )
    $
    (3,292
    )
    $
    (246,746
    )
    $
    (3,292
    )
    $
    (291,885
    )Interest Income
    $
    8
    
    $
    Nil
    
    $
    23
    
    $
    -
    
    $
    23Net Loss
    $
    (94,956
    )
    $
    (3,292
    )
    $
    (246,723
    )
    $
    (3,292
    )
    $
    (291,862
    )


Expenses

Our operating expenses for the three month periods ended March
31, 2011 and 2010, the nine month periods ended March 31, 2011 and inception
(December 9, 2009) to March 31, 2011 are outlined in the table below:

CumulativeFrom
    
    
    FromThree
    
    
    Three
    
    
    Nine
    
    
    December 10,
    
    
    December 10,Months
    
    
    Months
    
    
    Months
    
    
    2009
    
    
    2009Ended
    
    
    Ended
    
    
    Ended
    
    
    (Inception) to
    
    
    (Inception) toMarch 31,
    
    
    March 31,
    
    
    March 31,
    
    
    March 31,
    
    
    March 31,2011
    
    
    2010
    
    
    2011
    
      
      2010
      
    
    2011Administration fees
    $
    9,450
    
    $
    3,150$
    
    
    24,525
    
    $
    3,150
    
    $
    32,925Consulting fees
    $
    13,170
    
    $
    Nil$
    
    
    20,604
    
    $
    Nil
    
    $
    38,836Depreciation
    $
    10,740
    
    $
    Nil$
    
    
    32,215
    
    $
    Nil
    
    $
    49,599Professional fees
    $
    4,693
    
    $
    Nil$
    
    
    40,156
    
    $
    Nil
    
    $
    40,464Office and general
    $
    56,911
    
    $
    142$
    
    
    113,648
    
    $
    142
    
    $
    114,008Travel expenses
    $
    -
    
    $
    Nil$
    
    
    15,598
    
    $
    Nil
    
    $
    16,053


Operating expenses for the three months ended March 31, 2011
were $94,964 compared with $3,292 for the three month period ended March 31,
2010 and $246,723 for the nine month period ended March 31, 2011. Operating
expenses from December 10, 2009 (inception) to March 31, 2010 were $3,292
compared to cumulative operating expenses from December 10, 2009 (inception) to
March 31, 2011 of $291,885.

Net Loss

For the three months ended March 31, 2011 we incurred a net
loss of $94,956 as compared to $3,292 for the same period in 2010 and $246,273
for the nine month period ended March 31, 2011. Our net lost from December 10,
2009 (inception) to March 31, 2010 was $3,292 compared to our cumulative net
loss from December 10, 2009 (inception) to March 31, 2011 of $291,862.

Lack of Revenues

We have limited operational history. From our inception on
December 9, 2009 to March 31, 2011 we did not generate any revenues. As a
mineral exploration company, we anticipate that we will incur substantial losses
for the foreseeable future and do not believe we will be able generate revenues
during the next 12 months.

Liquidity and Capital Resources

| | Working Capital     |   |              |  |   |             |  |  |                   | 
| | ------------------- | - | ------------ |  | - | ----------- |  |  | ----------------- | 
| |                     |   | At March 31, |  |   | At June 30, |  |  | Percentage        | 
| |                     |   | 2011         |  |   | 2010        |  |  | Increase/Decrease | 
| | Current Assets      | $ | 38,099       |  | $ | 159,341     |  |  | (76.09)%          | 
| | Current Liabilities | $ | 33,938       |  | $ | 646         |  |  | 98.09%            | 
| | Working Capital     | $ | 4,161        |  | $ | 158,695     |  |  | (97.38)%          | 

15

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|Cash Flows                                                |   |           |   |   |                |   |   | Cumulative     |  
|--------------------------------------------------------- | - | --------- | - | - | -------------- | - | - | -------------- | -
|                                                          |   |           |   |   | From           |   |   | From           |  
|                                                          |   | Nine      |   |   | December 10,   |   |   | December 10,   |  
|                                                          |   | Months    |   |   | 2009           |   |   | 2009           |  
|                                                          |   | Ended     |   |   | (Inception) to |   |   | (Inception) to |  
|                                                          |   | March 31, |   |   | March 31,      |   |   | March 31,      |  
|                                                          |   | 2011      |   |   | 2010           |   |   | 2011           |  
|Net Cash Provided by (Used in) Operating
      Activities | $ | (172,093  | ) | $ | (3,292         | ) | $ | (210,640       | )
|Net Cash Provided by Financing Activities                 | $ | 107,121   |   | $ | 45,168         |   | $ | 303,909        |  
|Net Cash Provided by (Used In) Investing
      Activities | $ | (47,148   | ) | $ | Nil            |   | $ | (57,148        | )
|Net Increase (Decrease) In Cash During The Period         | $ | (112,120  | ) | $ | 41,876         |   |   | 36,121         |  

As of March 31, 2011 we had $36,121 in cash, current assets of
$38,099, current liabilities of $33,938 and working capital of $4,161. As of
June 30, 2010 we had current assets of $159,341 and current liabilities of $646
and working capital of $158,695.

During the nine month period ended March 31, 2011 we spent net
cash of $172,093 on operating activities compared to $3,292 from December 10,
2009 (inception) to March 31, 2010 and $210,640 cumulative from December 10,
2009 (inception) to March 31, 2011. During the nine month period ended March 31,
2011 we received net cash of $107,121 from financing activities entirely of cash
received for issuances of our common stock and our subsidiarys preferred stock
compared to $45,168 and $303,909 cumulative from December 10, 2009 (inception)
to March 31, 2011. During the nine month period ended March 31, 2011 we spent
$47,148 in investing activities compared to $Nil from December 10, 2009
(inception) to March 31, 2010 and $47,148 cumulative from December 10, 2009
(inception) to March 31, 2011 in the form of purchases of equipment.

During the nine month period ended March 31, 2011 we
experienced a $112,120 net decrease in cash, mostly due to the equipment
purchases.

We anticipate that we will meet our ongoing cash requirements
through equity or debt financing. We estimate that our expenses over the next 12
months (beginning July 2011) will be approximately $225,000 as described in the
table below. The estimates were prepared by John Hope, our president, chief
executive officer and director, and take into consideration our disclosed plan
to carry out explorations on the McDame property, which will include payment of
fees to employees as well as consultants. The estimates were prepared based on
prevailing labour and equipment costs and exploration standards in the Canadian
mining industry. The estimates are based on Mr. Hopes personal analysis and not
on third party statistics or evidence. The estimates may change significantly
depending on the nature of our future business activities and our ability to
raise capital from shareholders or other sources.

Description
    Estimated Completion
      Date
    Estimated Expenses
      ($)Legal and accounting fees
    12 months
    70,000Exploration expenses
    12 months
    40,000Investor relations and capital raising
    12 months
    5,000Management and operating costs
    12 months
    45,000Salaries and consulting fees
    12 months
    35,000Fixed asset purchases
    12 months
    10,000General and administrative expenses
    12 months
    20,000Total
    
    225,000


We intend to meet our cash requirements for the next 12 months
through a combination of debt financing and equity financing by way of private
placements. We currently do not have any arrangements in place to complete any
private placement financings and there is no assurance that we will be
successful in completing any such financings on terms that will be acceptable to
us.

16

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If we are not able to raise the full $225,000 to implement our
business plan as anticipated, we will scale our business development in line
with available capital. Our primary priority will be to retain our reporting
status with the SEC which means that we will first ensure that we have
sufficient capital to cover our legal and accounting expenses. Once these costs
are accounted for, in accordance with how much financing we are able to secure,
we will focus on product acquisition, testing and servicing costs as well as
marketing and advertising of our products. We will likely not expend funds on
the remainder of our planned activities unless we have the required capital.

Off-Balance Sheet Arrangements

We have no off-balance sheet arrangements that have or are
reasonably likely to have a current or future effect on our financial condition,
changes in financial condition, revenues or expenses, results of operations,
liquidity, capital expenditures or capital resources that is material to
stockholders.

Inflation

The effect of inflation on our revenues and operating results
has not been significant.

Critical Accounting Policies

The discussion and analysis of our financial condition and results
  of operations are based upon our financial statements, which have been prepared
  in accordance with the accounting principles generally accepted in the United
  States of America. Preparing financial statements requires management to make
  estimates and assumptions that affect the reported amounts of assets, liabilities,
  revenue, and expenses. These estimates and assumptions are affected by managements
  application of accounting policies. We believe that understanding the basis
  and nature of the estimates and assumptions involved with the following aspects
  of our financial statements is critical to an understanding of our financial
  statements.

Functional Currency

Our companys functional currency is the Canadian dollar. All
amounts shown on these statements are stated in Canadian dollars.

Development Stage Company

Our company is a development stage company as defined in the
Financial Accounting Standards Board (FASB) Accounting Standards Codification
(ASC) Topic 205-915, Development Stage Entities. Our company is still in the
developmental stage, devoting substantially all of its present efforts to
establishing its business. Its planned principal operations have not commenced,
as only one subsidiary has started to realize some revenues but has not achieved
full operations. All losses accumulated since inception has been considered as
part of our companys development stage activities.

Financial Instruments

The carrying values of cash and cash equivalents, accounts
payable and accrued liabilities and due to related parties approximate fair
value because of the short-term nature of these instruments.

Our company has cash balances at well-known financial
institutions. Balances in Canadian dollars at Canadian institutions are
protected by insurance up to specified amount. Amounts not at Canadian
institutions and /or over those specified amounts are subject to risk. At March
31, 2011, the amount not covered by insurance was $14,104. ($48,241 was not
covered by insurance as at June 30, 2010.)

Management is of the opinion that our company is not exposed to
significant interest, currency or credit risks arising from these financial
instruments.

Item 3. Quantitative Disclosures about Market Risks

As a smaller reporting company, we are not required to
provide the information required by this Item.

17

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Item 4. Controls and Procedures

Managements Report on Disclosure Controls and
Procedures

We maintain disclosure controls and procedures that are
designed to ensure that information required to be disclosed in our reports
filed under the Securities Exchange Act of 1934, as amended, is recorded,
processed, summarized and reported within the time periods specified in the
Securities and Exchange Commission's rules and forms, and that such information
is accumulated and communicated to our management, including our president and
chief executive officer (our principal executive officer) and our chief
financial officer (our principal financial officer and principle accounting
officer) to allow for timely decisions regarding required disclosure.

As of the end of the quarter covered by this report, we carried
out an evaluation, under the supervision and with the participation of our
president and chief executive officer (our principal executive officer) and our
chief financial officer (our principal financial officer and principle
accounting officer), of the effectiveness of the design and operation of our
disclosure controls and procedures. Based on the foregoing, our president and
chief executive officer (our principal executive officer) and our chief
financial officer (our principal financial officer and principle accounting
officer) concluded that our disclosure controls and procedures were effective as
of the end of the period covered by this quarterly report.

Changes in Internal Control over Financial
Reporting

There have been no changes in our internal controls over
financial reporting that occurred during our quarter ended March 31, 2011 that
have materially or are reasonably likely to materially affect, our internal
controls over financial reporting.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

We know of no material, existing or pending legal proceedings
against our company, nor are we involved as a plaintiff in any material
proceeding or pending litigation. There are no proceedings in which any of our
directors, officers or affiliates, or any registered or beneficial shareholder,
is an adverse party or has a material interest adverse to our interest.

Item 1A. Risk Factors

Any investment in our common stock involves a high degree of
risk. You should consider carefully the risks and uncertainties described below,
and all other information contained in this quarterly report, before you decide
whether to purchase our common stock. The occurrence of any of the following
risks could harm our business. You may lose part or all of your investment due
to any of these risks or uncertainties.

This quarterly report also contains forward-looking statements
that involve risks and uncertainties. Our actual results could differ materially
from those anticipated in these forward-looking statements as a result of
certain factors, including the risks we face as described below and elsewhere in
this quarterly report.

Risks Related to Our Business

We do not expect positive cash flow from operations in the
near term. If we are unable to obtain financing in the amounts and on terms
deemed acceptable to us, we may be unable to continue our business and as a
result may be required to scale back or cease operations for our
business.

We do not expect positive cash flow from operations in the near
term. There is no assurance that actual cash requirements will not exceed our
estimates. In particular, additional capital may be required in the event
that:

- drilling, exploration and completion costs for our McDame
project increase beyond our expectations; or

- we encounter greater costs associated with general and
administrative expenses or offering costs.

The occurrence of any of the aforementioned events could
adversely affect our ability to meet our business plans.

18

---

We will depend almost exclusively on outside capital to pay for
the continued exploration and development of our properties. Such outside
capital may include the sale of additional stock and/or commercial borrowing. We
can provide no assurances that any financing will be successfully completed.

Capital may not continue to be available if necessary to meet
these continuing development costs or, if the capital is available, that it will
be on terms acceptable to us. The issuance of additional equity securities by us
would result in a significant dilution in the equity interests of our current
stockholders. Obtaining commercial loans, assuming those loans would be
available, will increase our liabilities and future cash commitments.

If we are unable to obtain financing in the amounts and on
terms deemed acceptable to us, we may be unable to continue our business and as
a result may be required to scale back or cease operations for our business, the
result of which would be that our stockholders would lose some or all of their
investment.

We have a limited operating history and if we are not
successful in continuing to grow our business, then we may have to scale back or
even cease our ongoing business operations.

We have no history of revenues from operations and limited
tangible assets. We have yet to generate positive earnings and there can be no
assurance that we will ever operate profitably. Our company has a limited
operating history and must be considered in the development stage. The success
of our company is significantly dependent on a successful acquisition, drilling,
completion and production program. Our companys operations will be subject to
all the risks inherent in the establishment of a developing enterprise and the
uncertainties arising from the absence of a significant operating history. We
may be unable to locate recoverable reserves or operate on a profitable basis.
We are in the development stage and potential investors should be aware of the
difficulties normally encountered by enterprises in the development stage. If
our business plan is not successful, and we are not able to operate profitably,
investors may lose some or all of their investment in our company.

Because of the early stage of development and the nature of
our business, our securities are considered highly speculative.

Our securities must be considered highly speculative, generally
because of the nature of our business and the early stage of its development. We
are engaged in the business of exploring and, if warranted, developing
commercial reserves of gold and silver. Our properties are in the exploration
stage only and are without known reserves of gold and silver. Accordingly, we
have not generated any revenues nor have we realized a profit from our
operations to date and there is little likelihood that we will generate any
revenues or realize any profits in the short term. Any profitability in the
future from our business will be dependent upon locating and developing economic
reserves of gold, silver or other minerals, which itself is subject to numerous
risk factors as set forth herein. Since we have not generated any revenues, we
will have to raise additional monies through the sale of our equity securities
or debt in order to continue our business operations.

As our properties are in the exploration and development
stage there can be no assurance that we will establish commercial discoveries on
our properties.

Exploration for mineral reserves is subject to a number of risk
factors. Few properties that are explored are ultimately developed into
producing mines. Our properties are in the exploration and development stage
only and are without proven reserves. We may not establish commercial
discoveries on any of our properties.

Because of the unique difficulties and uncertainties
inherent in mineral exploration ventures, we face a high risk of business
failure.

Potential investors should be aware of the difficulties
normally encountered by new mineral exploration companies and the high rate of
failure of such enterprises. The likelihood of success must be considered in
light of the problems, expenses, difficulties, complications and delays
encountered in connection with the exploration of the mineral properties that we
plan to undertake. These potential problems include, but are not limited to,
unanticipated problems relating to exploration, and additional costs and
expenses that may exceed current estimates. The expenditures to be made by us in
the exploration of the mineral claim may not result in the discovery of mineral
deposits. Problems such as unusual or unexpected formations and other conditions
are involved in mineral exploration and often result in unsuccessful exploration
efforts. If the results of our exploration programs do not reveal viable
commercial mineralization, we may decide to abandon our claim and acquire new
claims for new exploration. The acquisition of additional claims will be
dependent upon us possessing capital resources at the time in order to purchase
such claims. If no funding is available, we may be forced to abandon our
operations.

19

---

Because of the speculative nature of exploration of mineral
properties, there is no assurance that our exploration activities will result in
the discovery of new commercially exploitable quantities of minerals.

We plan to continue exploration on our mineral properties. The
search for valuable minerals as a business is extremely risky. We can provide
investors with no assurance that additional exploration on our properties will
establish that additional commercially exploitable reserves of precious metals
on our properties. Problems such as unusual or unexpected geological formations
or other variable conditions are involved in exploration and often result in
exploration efforts being unsuccessful. The additional potential problems
include, but are not limited to, unanticipated problems relating to exploration
and attendant additional costs and expenses that may exceed current estimates.
These risks may result in us being unable to establish the presence of
additional commercial quantities of ore on our mineral claims with the result
that our ability to fund future exploration activities may be impeded.

Because we anticipate our operating expenses will increase
prior to our earning revenues, we may never achieve profitability.

Prior to completion of our exploration stage, we anticipate
that we will incur increased operating expenses without realizing any revenues.
We therefore expect to incur significant losses into the foreseeable future. We
recognize that if we are unable to generate significant revenues from the
exploration of our mineral claims, we will not be able to earn profits or
continue operations. There is no history upon which to base any assumption as to
the likelihood that we will prove successful, and we can provide no assurance
that we will generate any revenues or ever achieve profitability. If we are
unsuccessful in addressing these risks, our business will most likely fail.

Because of the inherent dangers involved in mineral
exploration, there is a risk that we may incur liability or damages as we
conduct our business.

The search for valuable minerals involves numerous hazards. As
a result, we may become subject to liability for such hazards, including
pollution, cave-ins and other hazards against which we cannot insure or against
which we may elect not to insure. At the present time we have no coverage to
insure against these hazards. The payment of such liabilities may have a
material adverse effect on our financial position.

If our exploration costs are higher than anticipated, then
our profitability will be adversely affected.

We are currently proceeding with exploration of our mineral
properties on the basis of estimated exploration costs. If our exploration costs
are greater than anticipated, then we will not be able to carry out all the
exploration of the properties that we intend to carry out. Factors that could
cause exploration costs to increase are: adverse weather conditions, difficult
terrain and shortages of qualified personnel.

As we face intense competition in the mining industry, we
will have to compete with our competitors for financing and for qualified
managerial and technical employees.

The mining industry is intensely competitive in all of its
phases. Competition includes large established mining companies with substantial
capabilities and with greater financial and technical resources than we have. As
a result of this competition, we may be unable to acquire additional attractive
mining claims or financing on terms we consider acceptable. We also compete with
other mining companies in the recruitment and retention of qualified managerial
and technical employees. If we are unable to successfully compete for financing
or for qualified employees, our exploration and development programs may be
slowed down or suspended.

As we undertake exploration of our mineral claim, we will be
subject to compliance with government regulation that may increase the
anticipated cost of our exploration program.

There are several Federal and Provincial governmental
regulations that materially restrict mineral exploration. We will be subject to
the laws of the Province of British Columbia as we carry out our exploration
programs. We may be required to obtain work permits, post bonds and perform
remediation work for any physical disturbance to the land in order to comply
with these laws. While our planned exploration program budgets for regulatory
compliance, there is a risk that new regulations could increase our costs of
doing business and prevent us from carrying out our exploration program.

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Any change to government regulation/administrative practices
may have a negative impact on our ability to operate and our
profitability.

The laws, regulations, policies or current administrative
practices of any government body, organization or regulatory agency in Canada or
any other jurisdiction, may be changed, applied or interpreted in a manner which
will fundamentally alter the ability of our company to carry on our
business.

The actions, policies or regulations, or changes thereto, of
any government body or regulatory agency, or other special interest groups, may
have a detrimental effect on us. Any or all of these situations may have a
negative impact on our ability to operate and/or our profitably.

Our By-laws contain provisions indemnifying our officers and
directors against all costs, charges and expenses incurred by them.

Our By-laws contain provisions with respect to the
indemnification of our officers and directors against all costs, charges and
expenses, including an amount paid to settle an action or satisfy a judgment,
actually and reasonably incurred by him, including an amount paid to settle an
action or satisfy a judgment in a civil, criminal or administrative action or
proceeding to which he is made a party by reason of his being or having been one
of our directors or officers.

Investors' interests in our company will be diluted and
investors may suffer dilution in their net book value per share if we issue
additional shares for significant amount of services or raise funds through the
sale of equity securities.

Our constating documents authorize the issuance of 75,000,000
shares of common stock with a par value of $0.0001. In the event that we are
required to issue any additional shares or enter into private placements to
raise financing through the sale of equity securities, investors' interests in
our company will be diluted and investors may suffer dilution in their net book
value per share depending on the price at which such securities are sold. If we
issue any such additional shares, such issuances also will cause a reduction in
the proportionate ownership and voting power of all other shareholders. Further,
any such issuance may result in a change in our control.

Our directors and officers are residents of countries other
than the United States and investors may have difficulty enforcing any judgments
against such persons within the United States.

Our directors and officers are nationals and/or residents of
countries other than the United States, and all or a substantial portion of such
persons assets are located outside the United States. As a result, it may be
difficult for investors to enforce within the United States any judgments
obtained against our company or our officers or directors, including judgments
predicated upon the civil liability provisions of the securities laws of the
United States or any state thereof

Mr. Wong, our CFO, Secretary, Treasurer and director, has
other time commitments that will prevent him from devoting full-time to our
operations, which may affect our operations.

Because Mr. Wong, who is responsible for some of our business
activities, does not devote his full working time to operation and management of
us, the implementation of our business plans may be impeded. Mr. Wong has other
obligations and time commitments, which may slow our operations and impact our
financial results. Additionally, when Mr. Wong becomes unable to handle the
daily operations on his own, we may not be able to hire additional qualified
personnel to replace him in a timely manner. If this event should occur, we may
not be able to implement our business plan in a timely manner or at all.

Risks Related to the Ownership of Our Stock

Because there is no public trading market for our common
stock, you may not be able to resell your shares.

There is currently no public trading market for our common
stock. Therefore, there is no central place, such as stock exchange or
electronic trading system, to resell your shares. If you do wish to resell your
shares, you will have to locate a buyer and negotiate your own sale. As a
result, you may be unable to sell your shares, or you may be forced to sell them
at a loss.

We intend to engage a market maker to apply to have our common
  stock quoted on the OTC Bulletin Board. This process takes at least 60 days
  and the application must be made on our behalf by a market maker. If our common
  stock becomes listed and a market for the stock develops, the actual price of
  our shares will be determined by prevailing market prices at the time of the
  sale. We do not currently meet the existing requirements to be quoted on the
  OTC Bulletin Board and there is no assurance that we will ever be able to meet
  those requirements.

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We cannot assure you that there will be a market in the future
  for our common stock. The trading of securities on the OTC Bulletin Board is
  often sporadic and investors may have difficulty buying and selling our shares
  or obtaining market quotations for them, which may have a negative effect on
  the market price of our common stock. You may not be able to sell your shares
  at their purchase price or at any price at all. Accordingly, you may have difficulty
  reselling any shares you purchase from the selling security holders.

The continued sale of our equity securities will dilute the
ownership percentage of our existing stockholders and may decrease the market
price for our common stock.

Given our lack of revenues and the doubtful prospect that we
will earn significant revenues in the next several years, we will require
additional financing of $225,000 for the next 12 months, which will require us
to issue additional equity securities. We expect to continue our efforts to
acquire financing to fund our planned development and expansion activities,
which will result in dilution to our existing stockholders. In short, our
continued need to sell equity will result in reduced percentage ownership
interests for all of our investors, which may decrease the market price for our
common stock.

We do not intend to pay dividends and there will thus be
fewer ways in which you are able to make a gain on your investment.

We have never paid dividends and do not intend to pay any
dividends for the foreseeable future. To the extent that we may require
additional funding currently not provided for in our financing plan, our funding
sources may prohibit the declaration of dividends. Because we do not intend to
pay dividends, any gain on your investment will need to result from an
appreciation in the price of our common stock. There will therefore be fewer
ways in which you are able to make a gain on your investment.

Because the SEC imposes additional sales practice
requirements on brokers who deal in shares of penny stocks, some brokers may be
unwilling to trade our securities. This means that you may have difficulty
reselling your shares, which may cause the value of your investment to decline.

Our shares are classified as penny stocks and are covered by
Section 15(g) of the Securities Exchange Act of 1934 (the Exchange Act) which
imposes additional sales practice requirements on brokers-dealers who sell our
securities in this offering or in the aftermarket. For sales of our securities,
broker-dealers must make a special suitability determination and receive a
written agreement prior from you to making a sale on your behalf. Because of the
imposition of the foregoing additional sales practices, it is possible that
broker-dealers will not want to make a market in our common stock. This could
prevent you from reselling your shares and may cause the value of your
investment to decline.

Financial Industry Regulatory Authority (FINRA) sales
practice requirements may limit your ability to buy and sell our common stock,
which could depress the price of our shares.

FINRA rules require broker-dealers to have reasonable grounds
for believing that an investment is suitable for a customer before recommending
that investment to the customer. Prior to recommending speculative low-priced
securities to their non-institutional customers, broker-dealers must make
reasonable efforts to obtain information about the customers financial status,
tax status and investment objectives, among other things. Under interpretations
of these rules, FINRA believes that there is a high probability such speculative
low-priced securities will not be suitable for at least some customers. Thus,
FINRA requirements make it more difficult for broker-dealers to recommend that
their customers buy our common stock, which may limit your ability to buy and
sell our shares, have an adverse effect on the market for our shares, and
thereby depress our share price.

Our security holders may face significant restrictions on
the resale of our securities due to state blue sky laws.

Each state has its own securities laws, often called blue sky
laws, which (i) limit sales of securities to a states residents unless the
securities are registered in that state or qualify for an exemption from
registration, and (ii) govern the reporting requirements for broker-dealers
doing business directly or indirectly in the state. Before a security is sold in
a state, there must be a registration in place to cover the transaction, or the
transaction must be exempt from registration. The applicable broker must be
registered in that state.

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We do not know whether our securities will be registered or
exempt from registration under the laws of any state. A determination regarding
registration will be made by those broker-dealers, if any, who agree to serve as
the market-makers for our common stock. There may be significant state blue sky
law restrictions on the ability of investors to sell, and on purchasers to buy,
our securities. You should therefore consider the resale market for our common
stock to be limited, as you may be unable to resell your shares without the
significant expense of state registration or qualification.

Our compliance with the Sarbanes-Oxley Act and SEC rules
concerning internal controls will be time-consuming, difficult, and costly.

It will be time-consuming, difficult and costly for us to
develop and implement the internal controls, processes and reporting procedures
required by the Sarbanes-Oxley Act. We may need to hire additional personnel to
do so, and if we are unable to comply with the requirements of the legislation
we may not be able to obtain the independent accountant certifications that the
Sarbanes-Oxley Act requires publicly traded companies to obtain.

Under Section 404 of the Sarbanes-Oxley Act and current SEC
regulations, we will be required to furnish a report by our management on our
internal control over financial reporting beginning with our Annual Report on
Form 10-K for our fiscal year ending June 30, 2011. We will soon begin the
process of documenting and testing our internal control procedures in order to
satisfy these requirements, which is likely to result in increased general and
administrative expenses and may shift managements time and attention from
revenue-generating activities to compliance activities. While we expect to
expend significant resources to complete this important project, we may not be
able to achieve our objective on a timely basis.

Item 2. Unregistered Sales of Equity Securities and Use of
Proceeds

None.

Item 3. Defaults Upon Senior Securities

None.

Item 4. [Removed and Reserved]

Item 5. Other Information

None.

Item 6. Exhibits

|Exhibit | Description                                                                                                                                                                                         
|------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Number  |                                                                                                                                                                                                     
|        |                                                                                                                                                                                                     
|(3)     | (i) Articles of Incorporation; (ii) By-laws                                                                                                                                                         
|        |                                                                                                                                                                                                     
|3.1     | Articles of Incorporation of Golden Global Corp.
      (Incorporated by reference to our Registration Statement on Form S-1 filed
      on October 5, 2010).                                        
|        |                                                                                                                                                                                                     
|3.2     | Certificate of Correction filed with the Nevada Secretary
      of State on February 19, 2010. (Incorporated by reference to our
      Registration Statement on Form S-1 filed on October 5, 2010).
|        |                                                                                                                                                                                                     
|3.3     | Bylaws of Golden Global Corp. (Incorporated by reference
      to our Registration Statement on Form S-1 filed on October 5, 2010).                                                                 
|        |                                                                                                                                                                                                     
|(4)     | Instruments Defining the Rights of Security
      Holders                                                                                                                                           
|        |                                                                                                                                                                                                     
|4.1     | Form of Share Certificate (Incorporated by reference to
      our Registration Statement on Form S-1 filed on October 5, 2010).                                                                     
|        |                                                                                                                                                                                                     
|(10)    | Material Contracts                                                                                                                                                                                  
|        |                                                                                                                                                                                                     
|10.1    | McDame Asset Purchase Agreement dated May 16, 2010
      (Incorporated by reference to our Registration Statement on Form S-1/A
      filed on December 1, 2010).                                   

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|10.2  | Asset Purchase
        Agreement with Velocity Resources Canada Ltd., dated December 12, 2009
        (Incorporated by reference to our Registration Statement on Form S-1/A
        filed on December 1, 2010).             
|----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|      |                                                                                                                                                                                                                              
|10.3  | Addendum to Asset
        Purchase Agreement with Velocity Resources Canada Ltd., dated December
        12, 2009 (Incorporated by reference to our Registration Statement on Form
        S- 1/A filed on January 26, 2011).
|      |                                                                                                                                                                                                                              
|21    | Subsidiaries
        of the Registrant                                                                                                                                                                                       
|      |                                                                                                                                                                                                                              
|21.1  | Golden Global
        Mining Corporation (an Alberta, Canada corporation)                                                                                                                                                    
|      |                                                                                                                                                                                                                              
|(31)  | Rule 13a-14(a)
        / 15d-14(a) Certifications                                                                                                                                                                            
|      |                                                                                                                                                                                                                              
|31.1* | Certification
        filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of Principal
        Executive Officer.                                                                                                
|      |                                                                                                                                                                                                                              
|31.2* | Certification
        filed pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of Principal
        Financial Officer and Principal Accounting Officer.                                                               
|      |                                                                                                                                                                                                                              
|(32)  | Section 1350
        Certifications                                                                                                                                                                                          
|      |                                                                                                                                                                                                                              
|32.1* | Certification
        pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of Principal
        Executive Officer.                                                                                                      
|      |                                                                                                                                                                                                                              
|32.2* | Certification
        pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 of Principal
        Financial Officer and Principal Accounting Officer.                                                                     

* Filed herewith.

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

|                     | GOLDEN GLOBAL CORP.                                                  
|-------------------- | ---------------------------------------------------------------------
|                     | (Registrant)                                                         
|                     |                                                                      
|                     |                                                                      
|Dated: June 20, 2011 | /s/
      John Robert Hope                                           
|                     | John Robert Hope                                                     
|                     | President, Chief Executive Officer and Director                      
|                     | (Principal Executive Officer)                                        
|                     |                                                                      
|                     |                                                                      
|Dated: June 20, 2011 | /s/
      Hon Ming Tony Wong                                         
|                     | Hon Ming Tony Wong                                                   
|                     | Chief Financial Officer, Secretary, Treasurer
      and Director     
|                     | (Principal Financial Officer and Principal
      Accounting Officer )

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