Goldrea Resources Corp.
TSX VENTURE : GOR
PINK SHEETS : GORAF
FRANKFURT : GOJ

Goldrea Resources Corp.

February 24, 2010 19:05 ET

Goldrea Resources Corp.: Incentive Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 24, 2010) - Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK SHEETS:GORAF)(FRANKFURT:GOJ) reported today that the Company will grant incentive stock options, pursuant to the Company's Stock Option Plan, to purchase an aggregate of 5,730,000 shares in the capital stock of the Company. The options will be granted for a period of five years commencing February 24, 2010 at $0.14 per share.

The employee/director stock options are subject to the approval of the regulatory authorities.

GOLDREA RESOURCES CORP.

Larry W. Reaugh, President and Chief Executive Officer

This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

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

Contact Information