Gold Point Energy Corp.
TSX VENTURE : GPE
FRANKFURT : G3Z

Gold Point Energy Corp.

June 11, 2006 13:07 ET

Mr. Hernan Celorrio's Join GP Energy's Board of Directors

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 11, 2006) - Gold Point Energy ("GP Energy")(TSX VENTURE:GPE)(Frankfurt:G3Z)(WKN A0HGQ1) is pleased to announce the appointment of Mr. Hernan Celorrio to the Board of Directors. Mr. Celorrio is a prominent figure in the oil and gas and mining sectors in Argentina and is recognized internationally. His appointment to the Board is an important step forward in the implementation of the Company's objective to acquire, explore and develop oil and gas assets in Argentina.

Mr. Celorrio brings to GP Energy an impressive breadth of experience, including: Over 30 years as Senior Partner of Brons & Salas Law firm specializing in the Oil & Gas and Business sectors; Solicitor and Professor of Business Law for the Buenos Aires' National University; International lecturer on natural resources; Vice-President of the Argentine-Chilean Chamber of Commerce; member of the Board of Directors of the Argentine-Canadian Chamber of Commerce and Chamber of Mines; recognized legal Advisor on foreign companies settling in Argentina and Natural Resources.

GP Energy is aggressively implementing its business strategy for 2006. Through the Company's alliance with The Grosso Group, new opportunities in the oil and gas sector are continuously being presented and reviewed.

ON BEHALF OF THE BOARD

Mr. Joseph Grosso, Chairman

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. 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. 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.

2006


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