Rules 424(b)(3) and 424(c)
File No. 333-12345
GOLDEN EAGLE GROUP, INC.
PROSPECTUS SUPPLEMENT
TO PROSPECTUS DATED JANUARY 29, 1997
Golden Eagle Group, Inc. (the "Company") has prepared this Prospectus
Supplement in order to reflect joint ownership of Common Stock by a certain
Selling Stockholder of the Company, the table of Selling Stockholders in the
Selling Stockholders Section of the Prospectus is hereby supplemented
as follows:
SHARES TO BE
SHARES OWNED OWNED
BENEFICIALLY BENEFICIALLY AFTER
PRIOR TO SHARES TO THE
THE OFFERING BE SOLD IN OFFERING
NAME OF BENEFICIAL ----------------- THE -----------------
OWNER(1) Number Percent OFFERING Number Percent
- --------------------------------------------------------------------------------
Henri R. Youngblood & 401,250 7.0 400,000 0 0
Barbara B. Youngblood
---------------------
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS NOVEMBER 17, 1997.
