Gulfside Minerals Ltd.
TSX VENTURE : GMG

Gulfside Minerals Ltd.

August 28, 2007 11:23 ET

Gulfside Minerals Ltd.: Stock Options Granted

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 28, 2007) - Gulfside Minerals Ltd. (TSX VENTURE:GMG) (the "Company") Robert L. Card, President reports that the Company has granted 650,000 Share Purchase Options at a price of $1.52 per share for a period of 5 years to officers, directors and consultants of the Company pursuant to the Company's Stock Option Plan.

On behalf of the board of directors,

Gulfside Minerals Ltd.

Robert L. Card, President

Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning GMG's planned exploration program and other statements that are not historical facts. When used in this document, the words such as "could", "plan", "estimate", "expect", "intend", "may", "potential", "should", and similar expressions are forward-looking statements. Although GMG believes that its expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading "Risk Factors" and elsewhere in the corporation's periodic filings with Canadian securities regulators.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release.

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