GSR Goldstrike Resources Ltd New

Goldstrike Resources Ltd. (TSX VENTURE:GSR) (PINKSHEETS:APRAF) (FRANKFURT:KCG1)
is pleased to announce that it has secured equity financing in the amount of
$1,700,000, the majority of which has been placed with institutions.


The financing, which is being carried out by way of a non-brokered private
placement of common shares at the price of $0.20 per share, is fully funded and
will complete as soon as the required filing has been accepted by the TSX
Venture Exchange. It was arranged through Aberdeen Gould Capital Markets Ltd.,
an Exempt Market Dealer, and a select group of Canadian brokerage firms working
with Aberdeen. Pursuant to its agreement with Aberdeen, the Company will pay
cash compensation equal to 7% of the gross proceeds from the offering and, in
addition, issue compensation warrants exercisable to purchase that number of
shares which is equal to 7% of the number of shares issued by the Company on
closing. Each compensation warrant will be exercisable to purchase one share for
two years after closing at the price of $0.30. 


All shares issued pursuant to the financing and any shares issued on the
exercise of compensation warrants will be subject to a four-month hold period
from the closing date. Proceeds from the offering will be used for exploration
of the Company's Yukon mineral properties and for general working capital. The
proposed private placement and compensation arrangements are subject to TSX
Venture Exchange acceptance. 


ON BEHALF OF THE BOARD

Terrence E. King, President and Chief Executive Officer

For further information, please visit Goldstrike's website at
GoldstrikeResources.com, follow the Company's tweets at
Twitter.com/GoldstrikeRes.


This news release may contain forward-looking statements including but not
limited to comments regarding the use of proceeds from the financing, upcoming
work programs, etc., which may change materially in the future. Forward-looking
statements therefore involve inherent risks and uncertainties. The reader is
cautioned not to place undue reliance on forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
King James Capital Corporation
Jeff Stuart
Investor Relations
(604) 805-0375
jstuart@kingjamescapital.com
GoldstrikeResources.com

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