GT GoldTrain Resources Inc.

GoldTrain Resources Inc. (CNSX:GT) ("GoldTrain") is pleased to announce a
proposed non-brokered private placement of approximately 3,300,000
"flow-through" (within the meaning of the Income Tax Act (Canada) (the ("ITA"))
units at a price of $0.10 per unit (each a "Unit"), for approximate gross
proceeds of $330,000 (the "Offering"). Each Unit is comprised of one
flow-through share (each a "Flow-Through Share") and one flow-through share
purchase warrant (each a "Warrant"), each Warrant entitling the holder to
purchase one non-flow-through common share for $0.12 at any time within 6 months
after the issuance of the Units, for $0.15 between 6 months and 12 months after
the issuance of the Units or, alternatively, for $0.20 at any time thereafter
until the expiry date, which is 2 years after the issuance of the Units.


The gross proceeds to GoldTrain from the sale of the Units will be used for
exploration work on GoldTrain's properties in Canada, such that an amount equal
to the gross proceeds of the Offering will be used to incur (and GoldTrain will
renounce in favour of the purchasers of the Units) expenses that will qualify as
one or more kinds of expenses described in the definition of "Canadian
exploration expense" in subsection 66.1(6) of the ITA) (other than expenses
which constitute "Canadian exploration and development overhead expenses" or
"specific expenses for seismic data" for the purposes of the ITA).


GoldTrain may pay finder's fees of up to 8% of the proceeds of the Offering in
cash or in common shares of GoldTrain and up to 10% in finder's warrants (each
finder's warrant entitling the holder to purchase one unit comprised of one
non-flow-through common share and one Warrant at any time within 2 years after
issuance) to investment dealers or other persons permitted to receive same under
applicable securities laws.


The Offering is subject to the receipt of all regulatory or other approvals that
may be necessary in order to complete the transactions contemplated herein.


All of the securities issued pursuant to this Offering will be subject to a four
(4) month hold period.


For further information please contact Brian Wright, President, GoldTrain
Resources Inc., by phone at (705) 967-0216, by e-mail at
brian.wright@goldtrainresources.com or by mail to Suite 1801-180 Dundas Street
West, Toronto, Ontario M5G 1Z8.


This press release shall not constitute an offer to sell or solicitation of an
offer to buy securities in any jurisdiction. The Flow-Through Shares and the
Warrants comprising the Units, or any shares issuable upon the exercise of the
Warrants and finder's warrants, will not be and have not been registered under
the United States Securities Act of 1933 and may not be offered or sold in the
United States absent an applicable exemption from the registration requirements.


This news release contains or refers to forward-looking information. All
information other than statements of historical fact that address activities,
events or developments that GoldTrain believes, expects or anticipates will or
may occur in the future are forward-looking statements, including statements
regarding the expected proceeds that GoldTrain may realize from the Offering and
the use of same. These forward-looking statements are subject to a variety of
risks and uncertainties beyond GoldTrain's ability to control or predict that
may cause actual events or results to differ materially from those discussed in
such forward-looking statements, including the risk that the Offering may not
close and the proceeds contemplated thereby may not be made available to
GoldTrain. Any forward-looking statement speaks only as of the date on which it
is made and, except as may be required by applicable securities laws, GoldTrain
disclaims any intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or results or otherwise.
Although GoldTrain believes that the assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not guarantees of
future performance and accordingly undue reliance should not be placed on these
forward-looking statements due to the inherent uncertainty therein.

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