Goldstrike Resources Ltd.
TSX VENTURE : GSR

Goldstrike Resources Ltd.

January 09, 2015 15:08 ET

Goldstrike Announces Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 9, 2015) - Goldstrike Resources Ltd. (TSX VENTURE:GSR) is pleased to announce a non-brokered private placement offering of flow-through units (each a "FT Unit") and non-flow-through units (each an "NFT Unit"), all at the price of $0.05, to raise gross proceeds of up to $1,000,000. Each FT Unit will be comprised of one common share which is a "flow-through" share for Canadian income tax purposes and one-half of a share purchase warrant (each full warrant a "$0.10 Warrant"). Each $0.10 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.10 for 24 months after Closing. Each NFT Unit will be comprised of one common share which is not a "flow-through" share and one share purchase warrant (each a "$0.06 Warrant"). Each $0.06 Warrant will entitle the holder to purchase one additional common share which is not a "flow-through" share at the price of $0.06 for a period of 60 months after Closing.

The proceeds from the offering will be used for exploration of the Company's Yukon mineral properties and for general working capital. The Company will pay finder's fees in respect of the financing in accordance with the policies of the TSX Venture Exchange. The proposed private placement and finder's fees are subject to TSX Venture Exchange acceptance. All shares issued pursuant to the offering, and any shares issued pursuant to the exercise of warrants will be subject to a four-month hold period from the closing date

For more detailed information on these properties and the Company, refer to Goldstrike's web site at www.goldstrikeresources.com.

GOLDSTRIKE RESOURCES LTD.

Terrence E. King, President

Neither 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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