Goldstrike Resources Ltd.
TSX VENTURE : GSR
PINKSHEETS : APRAF
FRANKFURT : KCG1

Goldstrike Resources Ltd.

July 15, 2014 07:45 ET

Goldstrike Completes $200,000 Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 15, 2014) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(PINKSHEETS:APRAF)(FRANKFURT:KCG1) is pleased to announce that its non-brokered private placement announced on June 23, 2014 completed on July 10, 2014. The Company has raised $200,000 by issuing 4,000,000 flow-through units (each a "FT Unit") at the price of $0.05 per FT Unit. Each FT Unit is comprised of one "flow-through" common share (a "FT Share") and share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional common share (which is not a FT Share) at the price of $0.10 for a period of two years after closing.

No finder's fee or commission is paid in connection with the proposed financing. All FT Shares and any shares issued on the exercise of the Warrants are subject to a four-month hold period from the closing date. Proceeds from the offering will be used only for exploration of the Company's Yukon mineral properties.

ON BEHALF OF THE BOARD

Terrence E. King, President and Chief Executive Officer

For new sections and maps showing the discovery holes on the Summit property, please visit Goldstrike's website at www.GoldstrikeResources.com. For further information follow the Company's tweets at www.Twitter.com/GoldstrikeRes.

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.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. The Company will require additional funding to carry out additional drilling and there can be no certainty that such funding will be available on acceptable terms or at all. Forward-looking statements address future events and conditions, and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The reader is cautioned not to place undue reliance on forward-looking statements.

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