GOLDEN AGE RESOURCES, INC. (GDAR) ACQUIRES GRIFFIN HOLDINGS AND IT SOLUTIONS, INC.

Golden Age Resources, Inc. (OTC Pink:
GDAR) announced today that it has completed its acquisition 100% of the
issued and outstanding stock of Griffin Holdings and IT Solutions, Inc. Griffin is a cutting edge trending Technology
Company with global consulting engagements and diversifying with a planned
acquisition program underway.

The acquisition was finalized prior to the
end of the Third Quarter and is retroactively effective to the Year Beginning
January 1, 2012. Hence, GDAR’s Third
Quarter reporting shall reflect the effects of The Acquisition for the Third
Quarter on a consolidated basis.

The Acquisition
is the first of many planned acquisitions of GDAR, which is intended to
immediately diversify its core business, and tremendously enhance shareholder
value.

Additionally,
discussions of a possible business alliance have begun with another IT
Development – “App” developer and marketer.
Many scenarios of Griffin Holdings and the Company approached are
available and such combination could increase market share by many multiple
occurrences.

Management feels
the discussions are promising and feels within the next 30-45 days, a possible
alliance could be initiated.

Certain statements in this news
release may contain forward-looking information within the meaning of Rule 175
under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange
Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of
fact, included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties. There can be no assurance that such
statements will prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.