Glass Earth Gold Limited (TSX VENTURE:GEL)(NZAX:GEL) ("Glass Earth" or the
"Company") announces that it intends to proceed with a consolidation of its
share capital on a five (5) old for one (1) new share basis. The share
consolidation was approved at a special general meeting of the Company's
shareholders held on February 24, 2010. The consolidation remains subject to
acceptance by the TSXV Venture Exchange.


Upon completion of the share consolidation, a total of 32,684,526 common shares
will be outstanding. The name of the Company will not be changed as a result of
the consolidation.


About Glass Earth Gold Limited

Glass Earth is one of the largest New Zealand-based gold exploration companies
exploring a land position of over 17,000 km2 in the North and South Islands.
With its main office in Wellington, New Zealand, Glass Earth Gold Limited is
listed on the TSX Venture Exchange (TSX VENTURE:GEL) and the New Zealand
Alternative Stock Exchange (NZAX:GEL).


To receive Company news via email, contact jeanny@chfir.com and mention "Glass
Earth news" in the subject line.
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