Goldstrike Raises $2,500,000 from Warrant Exercises

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 28, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) is pleased to announce that it received $2,331,450.60 from the exercise of 15,543,004 warrants at the price of $0.15 each prior to the expiry time for those warrants on July 26, 2015. In addition, the Company has received $160,000 from the exercise of 1,600,000 warrants at the price of $0.10 each and $26,400 from the exercise of 440,000 warrants at the price of $0.06 each.

ON BEHALF OF THE BOARD

Terrence E. King, President and Chief Executive Officer

For information on the Company`s projects, please visit its website at GoldstrikeResources.com. For further information follow the Company's tweets at Twitter.com/GoldstrikeRes.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.