Gold Summit Corporation

Gold Summit Corporation

October 06, 2005 14:57 ET

Gold Summit Grants Options

RENO, NEVADA--(CCNMatthews - Oct. 6, 2005) - Gold Summit Corporation (TSX VENTURE:GSM) announces that a total of 1,500,000 options to purchase common shares of the Company have been granted to directors, officers, employees and consultants on October 6, 2005, at an exercise price of $0.35 per share, expiring on October 6, 2010. The grant of options is subject to regulatory approval.

Shares Outstanding 27,813,586

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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