Goldstrike Resources Ltd. (TSX VENTURE:GSR)(PINKSHEETS:APRAF)(FRANKFURT:KCG1) is
pleased to announce that its non-brokered private placement announced on
November 11, 2011 and December 16, 2011 completed on December 22, 2011,
increasing slightly from the 2,418,000 shares previously announced to a total of
2,425,332 shares. The Company raised gross proceeds of $1,455,199.20 by issuing
2,325,332 flow-through shares at the price of $0.60 and 100,000 non-flow-through
shares at the price of $0.60 each. 


The Company has paid to Aberdeen Gould Capital Markets Ltd. and its selling
group, in the aggregate, cash finders' fees totaling $87,311.96, which is equal
to 6% of the gross proceeds from the offering. In addition, the Company has
issued finder's warrants exercisable to purchase 145,520 shares, which is equal
to 6% of the number of shares issued by the Company pursuant to the offering.
Each finder's warrant is exercisable at the price of $0.60 until December 22,
2013. All shares issued pursuant to the offering and any shares issued pursuant
to the exercise of finders' warrants will be subject to a four-month hold period
expiring at midnight on April 22, 2012.


The proceeds from the flow-through portion of the offering will be used for
exploration of the Company's Yukon mineral properties. The proceeds from the
non-flow-through portion of the offering will be used for general working
capital. 


Goldstrike is a well-financed mineral exploration company with multiple discrete
exploration projects in the Yukon. For more detailed information on these
properties and the Company, refer to Goldstrike's web site at
www.goldstrikeresources.com.


ON BEHALF OF THE BOARD

Reimar Koch, President

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