GDV.H Cardinal Capital Partners, Inc.

GDV Resources Inc. (TSX VENTURE:GDV.H) (the "Company") has amended and extended
the loan previously announced on April 4, 2011. The Company has received an
additional advance of $5,000 from the spouse of Chairman Gordon Ewart, bringing
the principal balance to $37,000. The loan has been extended to January 14, 2012
and the interest rate has been changed from 15% to 20% per annum. The Company
has entered into an additional loan agreement with Director Alec Regis for
$20,000. The loan is also due January 14, 2012 and bears interest at 20% per
annum. The Company will use the proceeds of the loans for general working
capital purposes.

Cardinal Capital Partners, Inc. (TSXV:GDV.H)
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