Goldspan Resources Closes Mining Asset Purchase, Expands Board

Goldspan Resources, a junior mining company listed on the OTCQB under the symbol, GSPN, completed the purchase of two precious metals mining properties in the Walker Lane Trend of Nevada.

Carson City, Nevada, UNITED STATES

Carson City, NV, July 31, 2014 (GLOBE NEWSWIRE) -- Goldspan Resources, Inc. (OTCQB: GSPN) completed the purchase of assets from SJE Mining LLC which included cash and two gold and silver mining properties located in Nevada.

The mining properties are 7 lode claims located in Washoe County, NV known as the Pyramid property and 23 lode claims in Churchill County, NV known as the West Trinity property.

In addition to the asset purchase, the following individuals were elected to the Board of Directors.

Steve Jones, Keith Simon, Trevor Moss and Thomas Mancuso.  Mr. Jones was also appointed as VP of Exploration, Mr. Simon, CFO, Treasurer and Secretary.

Goldspan President Phil Allen said, "We look forward to our new mining venture and welcome our new  Directors and Officers to the Company.  Our new management team is very experienced in precious metals exploration and I am sure our Company will benefit from this transaction."

"Safe-Harbor" Statement: Under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.


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