NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Goldbrook Ventures Inc. ("Goldbrook") (TSX VENTURE:GBK) today announced that
further to its press release dated June 20, 2008, it has entered into a
definitive option and joint venture agreement (the "Agreement") with Jilin Jien
Nickel Industry Co. Ltd. of Panshi, Jilin China ("Jien") for the exploration and
development of Goldbrook's Raglan District Properties (the "Property")
comprising some 891,000 acres in northern Quebec. Pursuant to the Agreement:


- Jien may earn a 50% interest in the Property by providing funding of $45
million over three years for exploration on the property (plus any funds rebated
by the government for expenditures during the first two years), with a minimum
expenditure in the first year of $12.5 million, a minimum of $15 million in the
second year plus any rebates for expenditures in the first year and a minimum
expenditure in the third year of $17.5 million plus any rebates for expenditures
in the second year.


- Upon Jien acquiring a 50% interest, any government rebate from exploration
expenditures in the third year will be applied to a fourth year work program and
other costs will be funded 50% by Jien and 50% by Goldbrook.


- Jien may earn an additional 10% interest by funding and completing a
pre-feasibility study.


- Jien may earn an additional 10% interest by funding and completing a bankable
feasibility study.


- Jien may earn an additional 5% interest by providing Goldbrook its share of
financing for development on commercial terms in which case Goldbrook will repay
its share of the debt from a portion of the net cashflow from production.


Jien has advanced $8 million to Goldbrook as an advance on the first year's
minimum expenditure.


Jien is one of China's largest producers of nickel, copper and cobalt sulphates,
as well as other nickel (Ni) products including Ni chloride, Ni fluoride, Ni
acetate, Ni hydroxide, Ni matte and electrolytic Ni. With profitable operations
spanning exploration, mining, smelting, refining, and research, Jien brings
extensive experience, technical expertise and financial resources to the benefit
of a joint-venture with Goldbrook.


After signing the agreement, Mr. Wang, Vice-president of Resources and
Investments for Jien, commented, "Both companies' management and technical teams
have worked cooperatively to establish this significant agreement and new
relationship. We look forward to exploring the great prospects of the Raglan
property with Goldbrook, as well as the opportunities with local communities
near the property and throughout Quebec."


Goldbrook has retained PI Financial Corp. ("PI") as it financial advisor in
connection with the proposed transaction and, as consideration for such
services, has agreed, subject to regulatory approval, to either issue 250,000
common shares of Goldbrook to PI or pay $100,000 to PI. A finder's fee is also
payable to a third party in connection with the anticipated Joint Venture, in
accordance with the policies of the TSX Venture Exchange and subject to
regulatory approval.


ON BEHALF OF THE BOARD:

David Baker, Chairman and CEO

This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


This press release contains "forward-looking information" that is based on
Goldbrook's current expectations, estimates, forecasts and projections. This
forward-looking information includes, among other things, statements with
respect to Goldbrook's mineral discoveries, plans, outlook and business
strategy. The words "may", "would", "could", "should", "will", "likely",
"expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and
"believe" or other similar words and phrases are intended to identify
forward-looking information.


Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause Goldbrook's actual results, level of activity,
performance or achievements to be materially different from those expressed or
implied by such forward-looking information. Such factors include, but are not
limited to: uncertainties related to drilling results; the ability to raise
sufficient capital to fund exploration; changes in economic conditions or
financial markets; changes in prices for Goldbrook's mineral products or
increases in input costs; litigation, legislative, environmental and other
judicial, regulatory, political and competitive developments; technological or
operational difficulties or inability to obtain permits encountered in
connection with exploration activities; and labour relations matters.


This list is not exhaustive of the factors that may affect our forward-looking
information. These and other factors should be considered carefully and readers
should not place undue reliance on such forward-looking information. Goldbrook
disclaims any intention or obligation to update or revise forward-looking
information, whether as a result of new information, future events or otherwise.