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GFN

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Share Name Share Symbol Market Type
TSXV:GFN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Gold Finder Signs MOU with Holloman in Relation to 2 Gold Projects in Central Asia

14/02/2011 5:05pm

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Gold Finder Explorations Ltd. (TSXV:GFN)
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Gold Finder Explorations Ltd. ("Gold Finder") (TSX VENTURE: GFN) is pleased to announce that it has signed a Memorandum of Understanding ("MOU") with Holloman Corporation ("Holloman") with respect to 2 gold projects in Central Asia.

The MOU is subject to technical and commercial due diligence. Gold Finder anticipates due diligence will take about 2 months. Gold Finder has commenced the due diligence process. There is no certainty that this due diligence will lead to a commercial deal and Gold Finder will provide to its shareholders updates as appropriate.

David Greenway, President of Gold Finder, stated, "we are very pleased with the efforts of Holloman that have yielded such quick results and fully supports our decision to engage their services. We are hopeful that our due diligence will be positive and that we can update our shareholders accordingly in due course."

Holloman Corporation (www.hollomancorp.com) based in Houston, Texas is one of the largest employee owned engineering, procurement and construction companies in the United States. With international operations in Australia, Southeast and Central Asia. Its primary services include plant and pipeline engineering and construction with a focus on the natural gas and water and wastewater industries. The company also has operations in mineral exploration, drilling and heavy equipment supply and rental. Its customers participate in both traditional and emerging industries including oil and gas, environmental, alternative energy development, utilities and government projects.

On behalf of the board of Directors,

David Greenway, President and CEO

Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Gold Finder Explorations Ltd. David Greenway President and CEO 604-689-0896 info@goldfinder.ca www.goldfinder.ca

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