GBI.H Chinook Tyee Industry Ltd.

Stock Symbol: GBI.H Listing: NEX Outstanding Shares: 15.3 Million Web Site: www.globalrailway.com LACHINE, QC, March 14, 2012 /CNW/ - Global Railway Industries Ltd., - (GBI.H:NEX): Global Railway Industries Ltd., www.globalrailway.com, today filed its Consolidated Financial Statements and related Management Discussion and Analysis for the year ended December 31, 2011. Copies of these documents are available electronically at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Global Railway Industries Ltd. CONTACT: Phone: 514 634-6224Fax: 514 634-3932Faust Levy, Acting President and Chief Executive OfficerE-mail: flevy@cadrail.caRoss Corcoran, Vice President & CFOE-mail: rcorcoran@cadrail.ca

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