GoldTrain Announces New Director and Extends Class A Warrant Expiry Date

Fri Jul 10, 2009 5:00pm EDT
 
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  TORONTO, ONTARIO, Jul 10 (MARKET WIRE) -- 
GoldTrain Resources Inc. ("GoldTrain") is pleased to announce that,
subject to any necessary regulatory approvals, John Siriunas has been
appointed to its Board of Directors replacing Frank Smeenk who resigned
in order to be able to apply more of his time and efforts to his
principal responsibilities at KWG Resources Inc. "We are delighted and
honoured to have a person with the wealth of experience and talent of
John Siriunas join our Board of Directors and strengthen the company's
geological depth. Mr. Siriunas has carried on business as an independent
consultant to the mining industry since 1979. Mr. Siriunas has also
served in various management capacities with mining exploration companies
including serving as president and a director of Cuervo Resources Inc.,
as a director of Shield Gold Inc. from 2005 to the present Hy Lake Gold
Inc. from 2006 to present as well as several other senior management
positions with other junior mining companies," said Brian Wright,
GoldTrain's President. "On the other hand, we will miss Frank Smeenk and
would like to take this opportunity to express our thanks to him in
assisting with the reorganization of GoldTrain," Mr. Brian Wright added.

    GoldTrain also announced that its Board of Directors approved an
extension of the expiry date for its Class A warrants to 4:30 p.m.
(Toronto time) on Friday, August 10, 2009. Each Class A warrant entitles
the holder to purchase one common share of GoldTrain for $0.12 if
exercised on or before the expiry date. The warrants also contain an
over-subscription privilege entitling warrantholders to purchase
additional GoldTrain shares on the expiry date at the same price if they
exercise all of their warrants and other warrantholders do not. GoldTrain
will pay a solicitation fee to securities dealers, brokers and others
permitted under applicable securities laws to receive compensation for
assisting their customers and clients in exercising warrants; the
solicitation fee is equal to 6% of the amounts so subscribed.

Contacts:
GoldTrain Resources Inc.
Brian Wright
President
(705) 967-0216
brian.wright@goldtrainresources.com

GoldTrain Resources Inc.
#1801-180 Dundas Street West
Toronto, Ontario M5G 1Z8

Copyright 2009, Market Wire, All rights reserved.

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