GBI.H Chinook Tyee Industry Ltd.

LACHINE, QC, May 2, 2012 /CNW/ - Global Railway Industries Ltd., - (GBI.H:NEX): Global Railway Industries Ltd., www.globalrailway.com, today filed its Condensed Consolidated Interim Financial Statements and related Management Discussion and Analysis for the three months ended March 31, 2012. 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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