American Consolidated Minerals Corporation
TSX VENTURE : AJC

American Consolidated Minerals Corporation
Golden Oasis Exploration Corp.

Golden Oasis Exploration Corp.

February 19, 2010 18:54 ET

Golden Oasis Files Voluntary U.S. Deregistration

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2010) - Golden Oasis Exploration Corp. ("Golden Oasis" or the "Company") today announced that it is voluntarily filing a Form 15F with the U.S. Securities and Exchange Commission (SEC) to terminate the registration of its Common Stock under the Securities Exchange Act of 1934, as amended. Golden Oasis expects that this termination of registration will become effective 90 days after its filing with the SEC. As a result of this filing, Golden Oasis' obligation to file certain reports with the SEC, including an annual report on Form 20-F, will immediately be suspended.

As a TSX-V listed issuer, Golden Oasis ceased to exist upon its amalgamation with American Copper Corporation and Lebon Gold Mines Inc. (see press release dated January 30, 2009). The amalgamated entity, American Consolidated Minerals Corp., continues to meets it disclosure obligations with the Canadian regulatory authorities, including the B.C. Securities Commission and the TSX Venture Exchange.

All of Golden Oasis' filings until its amalgamation can be found on SEDAR at www.Sedar.com. Go to: http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00023120.

ON BEHALF OF THE BOARD
of American Consolidated Minerals Corp.
on behalf of Golden Oasis Exploration Corp.

(sgd.) "Gary Arca,"
Chief Financial Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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