Gulf Shores Closes Final Tranche of Private Placement

Gulf Shores Resources Ltd. (TSX VENTURE:GUL)(FRANKFURT:GFU) (the "Company")
announces that further to its news release dated April 4, 2011 it has closed the
final tranche of its private placement and has issued an aggregate 9,610,000
units ("Units") at a price of $0.05 per Unit for gross proceeds of $480,500 (the
"Private Placement").


2,100,000 of the Units are flow-through Units ("FT Units") and 7,510,000 of the
Units are non-flow-through Units ("NFT Units"). Each FT Unit is comprised of one
flow-through common share and one-half of one flow-through common share purchase
warrant ("FT Warrant"); each whole FT Warrant entitling the holder to purchase
one additional 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 entitling 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 period of the FT Warrants and
NFT Warrants to not less than 30 days following the date of such notice. The
Units are subject to a hold period expiring January 20, 2012.


The Company paid aggregate finder's fees of $21,500 and 430,000 finder's
warrants in connection with this final tranche. The finder's warrants are
exercisable at $0.10 for two years, and are subject to a hold period expiring
January 20, 2012.


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


ON BEHALF OF THE BOARD

A. Michael Turko, President and CEO