Gold Rock Resources Inc.
OTC Bulletin Board : GRRE

July 10, 2008 18:46 ET

Gold Rock Consummated 10:1 Stock Split

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 10, 2008) - Gold Rock Resources Inc. (OTCBB:GRRE), a publicly traded company specializing in mineral exploration in Canada, has consummated a forward stock split of the common stock of the Corporation on the basis of exchanging one (1) existing share of common stock for then (10) shares of post forward split common stock, the forward split, with any fractional shares that would result from this action being rounded up to the next whole share. In connection with this change, NASDAQ awarded the Registrant with a new trading symbol of "GRKR", effective July 11, 2008.

About the Company:

Gold Rock Resources Inc., incorporated in the State of Nevada on March 14, 2006, is an exploration stage company that engages in the search for mineral deposits or reserves.

The Company has acquired a mineral property located in the Province of British Columbia, Canada, and has not yet determined whether this property contains reserves that are economically recoverable. The recoverability of the amounts from the property will be dependent upon the discovery of economically recoverable reserves, confirmation of the Company's interest in the underlying property, the ability of the Company to obtain necessary financing to explore and develop the property, and upon future profitable production or proceeds from the sale thereof.

If we find mineralized material and it is economically feasible to remove the mineralized material, we will attempt to raise additional money through a subsequent private placement, public offering or through loans. If we need additional cash and can't raise it, we will either have to suspend activities until we do raise the cash, or cease activities entirely. If we can't find any mineralized material or it is not economically feasible to remove the mineralized material, we may have to cease activities and transfer to another market which has not yet been defined.

Forward-looking statements

This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion. The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors.

Contact Information

  • Gold Rock Resources Inc.
    Jean Jin
    (604) 632-9638