Hall Train Entertainment Inc.

April 27, 2009 17:16 ET

Hall Train Announces Approval of Reorganization Plan and Amalgamates to Form GoldTrain Resources Inc.

TORONTO, ONTARIO--(Marketwire - April 27, 2009) - Hall Train Entertainment Inc. ("Hall Train") announced today that at its annual and special meeting convened on April 27, 2009, the securityholders of Hall Train approved a reorganization of the company by way of an amalgamation with Goldwright Explorations Inc. ("Goldwright") with a view to carrying on mineral exploration and development activities.

Hall Train and Goldwright have filed articles of amalgamation under the Canada Business Corporations Act effective April 27, 2009 for the resulting company, GoldTrain Resources Inc. ("GoldTrain").

Upon the amalgamation, shareholders of Hall Train will receive one (1) share of GoldTrain for each fifteen (15) Hall Train shares held by them and shareholders of Goldwright will receive one (1) share of GoldTrain for each one (1) share of Goldwright shares held by them; for each share of GoldTrain received, shareholders will also receive one quarter (1/4) of a Class A share purchase warrant, each whole Class A warrant entitling the holder to purchase one (1) common share of GoldTrain for $0.12 until June 12, 2009 (shareholders who exercise all of their Class A warrants may participate in an over-subscription privilege to acquire additional GoldTrain shares). The shareholders of both companies also approved the settlement of certain debts by issuing shares and Class A warrants and the payment of certain bonuses, fees and other amounts by issuing shares and Class B warrants, details of which were set out in the joint management information circular for the annual and special meetings of shareholders of Hall Train and Goldwright, which is available on the Internet at www.sedar.com.

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