August 30, 2011: Vancouver, British Columbia: Gold Reach Resources Ltd. (the "Company") (GRV: TSX-V) announces that further to the news release dated August 23, 2011 regarding a non-brokered flow-through private placement of 850,000 flow-through units for total proceeds of $510,000, the Company wishes to increase the financing of the non-brokered flow-through private placement to 1,000,000 flow-through units for total proceeds of $600,000, subject to regulatory approval. All information from the news release dated August 23, 2011 remains the same.
ON BEHALF OF THE BOARD OF DIRECTORS
"Conrad Swanson"
President & CEO
For Further information, please contact:
Telephone: 604-718-5454
Toll Free: 888-500-4587
Email: info@goldreachresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Safe Harbor Statement: The Company relies upon litigation protection for "forward-looking statements." The Company undertakes no obligation to update these forward- looking statements in the managements beliefs, estimates obligations or other factors should change.