Gold Reach Resources Ltd.
TSX VENTURE : GRV

Gold Reach Resources Ltd.

August 30, 2011 14:16 ET

Gold Reach Increases Non-Brokered Flow-Through Private Placement to $600,000

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Gold Reach Resources Ltd. (TSX VENTURE:GRV) (the "Company") announces that further to the news release dated August 23, 2011 regarding a non-brokered flow-through private placement of 850,000 flow-through units for total proceeds of $510,000, the Company wishes to increase the financing of the non-brokered flow-through private placement to 1,000,000 flow-through units for total proceeds of $600,000, subject to regulatory approval. All information from the news release dated August 23, 2011 remains the same.

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson, President & CEO

Safe Harbor Statement: The Company relies upon litigation protection for "forward-looking statements". The Company undertakes no obligation to update these forward-looking statements if the managements beliefs, estimates obligations or other factors should change.

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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