GTA Resources and Mining Inc.

May 30, 2011 12:27 ET

GTA Resources and Mining Inc. Announces Extension of Expiry Date of Warrants

BURLINGTON, ONTARIO--(Marketwire - May 30, 2011) - GTA Resources and Mining Inc. (TSX VENTURE:GTA) ("GTA" or the "Company") announces that it has extended the expiry date of 3,375,000 warrants. The original expiry date of the warrants is June 11, 2011 and the new expiry date of the warrants is June 11, 2012. The exercise price of the warrants remains unchanged at $0.30 per share.

These warrants were issued pursuant to a private placement of 2,475,000 common shares and 900,000 flow-through common shares with 3,375,000 common share purchase warrants attached in June 2010.

Information for Investors

This press release may include statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. GTA cautions that actual performance will be affected by a number of factors, many of which are beyond its control. Future events and results may vary substantially from what GTA currently foresees. Discussion of the various factors that may affect future results is contained in GTA's recent filings, available on SEDAR.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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