God's Lake Resources Inc. Enters Into an Agreement With the Province of Ontario to Surrender Its Claims and Leases for $3,500...

God's Lake Resources Inc. (CNSX:GLR) ("the Company") is pleased to announce that
it has entered into an agreement with the Province of Ontario to surrender its
entire claim and lease land holdings, namely the "Sherman Lake Gold Project,"
for $3,500,000.


As a result of this sale, the Company does not own any mineral exploration
interests at this time. The Company will continue to pursue mineral exploration
in Ontario and will focus on identifying and acquiring new mineral properties as
they are presented.


God's Lake Resources is a junior gold exploration company and is publicly traded
on the Canadian National Stock Exchange under the symbol GLR. 


Forward-Looking Statements

This News Release includes certain "forward-looking statements". These
statements are based on information currently available to the Company and the
Company provides no assurance that actual results will meet management's
expectations. Forward-looking statements include estimates and statements that
describe the Company's future plans, objectives or goals, including words to the
effect that the Company or management expects a stated condition or result to
occur. Forward-looking statements may be identified by such terms as "believes",
"anticipates", "expects", "estimates", "may", "could", "would", "will", or
"plan". Since forward-looking statements are based on assumptions and address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results relating to, among other things, the ability
to identify properties of merit and acquire such properties on commercially
reasonable terms, results of exploration, project development, reclamation and
capital costs of the Company's mineral properties, and the Company's financial
condition and prospects, could differ materially from those currently
anticipated in such statements for many reasons such as: changes in general
economic conditions and conditions in the financial markets; changes in demand
and prices for minerals; litigation, legislative, environmental and other
judicial, regulatory, political and competitive developments; technological and
operational difficulties encountered in connection with the activities of the
Company; and other matters discussed in this news release. This list is not
exhaustive of the factors that may affect any of the Company's forward-looking
statements. These and other factors should be considered carefully and readers
should not place undue reliance on the Company's forward-looking statements. The
Company does not undertake to update any forward-looking statement that may be
made from time to time by the Company or on its behalf, except in accordance
with applicable securities laws.


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