Gulf Shores Acquires Southeast Saskatchewan Acreage

Gulf Shores Resources Ltd. (the "Company") (TSX VENTURE:GUL)(FRANKFURT:GFU)
announces that further to its news release dated April 4, 2011 announcing a
non-brokered private placement, it will be filing documentation with the TSX
Venture Exchange ("Exchange") for acceptance today seeking Exchange approval to
a first tranche closing of $380,500 through the issuance of an aggregate
2,660,000 flow-through units ("FT Units") and 4,950,000 non-flow-through units
("NFT Units") at a price of $0.05 per FT Unit and NFT Unit. Each FT Unit is
comprised of one common share and one-half of one flow-through common share
purchase warrant ("FT Warrant"); each whole FT Warrant will entitle the holder
to purchase one flow-through common share at a price of $0.10 per share for a
period of two years from the date of issuance. Each NFT Unit is comprised of one
common share and one common share purchase warrant ("NFT Warrant"); each NFT
Warrant will entitle the holder to purchase one common share at a price of $0.10
per share for a period of two years from the date of issuance. The FT Warrants
and NFT Warrants are subject to an acceleration clause such that in the event
the closing price of the Company's common shares on the Exchange is equal to
greater than $0.15 per share for 20 consecutive trading days at any time
following four months after the date of closing, the Company may, by notice to
the Warrant holders, reduce the remaining exercise price period of the FT
Warrants and NFT Warrants to not less than 30 days following the date of such
notice.


The private placement proceeds will be used for the drilling of three separate
seismically defined Bakken structures in South East Saskatchewan, and for
general working capital purposes.


ON BEHALF OF THE BOARD 

Michael Turko, President & CEO