SOURCE: Greenwood Gold Resources, Inc.

April 20, 2012 12:45 ET

Greenwood Gold Resources Inc. Name Change to BluForest Inc.

LAS VEGAS, NV--(Marketwire - Apr 20, 2012) - Greenwood Gold Resources Inc. (OTCBB: GGRID), (OTCQB: GGRID)

The Company announced today that it is in the process of changing its name to BluForest Inc. to better reflect its new business. The company is hoping to have all necessary paperwork in place with FINRA upon receiving confirmation of the new Symbol and CUSIP. A corporate update will be issued upon completion of the necessary approvals. In the meantime trading will continue under the current name and symbol. The company is also announcing a new corporate website, '' that investors can use to gain further insight into the company's new business and to get information.

Due to the high amount of calls placed to the company over the last few days, the company is urging investors to submit any inquiries via email to or visit the company website for additional information.

Please visit for more information.

On behalf of the Board of Greenwood Gold Resources Inc.

Safe Harbor Act Notice:

Statements contained herein that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, the company's ability to obtain additional financing and the demand for the company's products. Any investment in the company would be extremely speculative and involve a high degree of risk and should not be pursued unless the investor could afford to lose their entire investment. Before investing, please review this filing, all past public filings with the SEC, all current filings and consult a registered broker dealer or contact the financial industry regulatory authority ("FINRA") for more information regarding locating a qualified party to assist in making an investment decision. The company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the company's success are more fully disclosed in the company's most recent public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

Contact Information

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    Company Address:

    Greenwood Gold Resources Inc.
    4960 S. Gilbert Road, Suite 1-111,
    Chandler, AZ 85249

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