Goldrea Resources Announces Approval to List on the CSE

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 29, 2014) - Goldrea Resources Corp. (TSX VENTURE:GOR)(PINKSHEETS:GORAF)(FRANKFURT:GOJ) ("Goldrea" or the "Company") is pleased to announce that it has obtained approval to list its common shares on The Canadian Securities Exchange ("CSE"). Goldrea's common shares will trade on the CSE under the trading symbol "GOR". Concurrent with the listing on the CSE, Goldrea will be de-listing from the TSX Venture Exchange at market close on Wednesday, July 30, 2014. The Company's common shares will commence trading on the CSE on Thursday, July 31, 2014.

James Elbert comments, "By selling the Rushan/Daye property in China earlier this year, the Company extinguished approximately four million dollars of debt. This allows Goldrea to focus on mineral projects in North America and places the company in a positive cash position. Along with developing our core holdings, we plan to explore the current ripe environment for deeply discounted quality properties. Our move to the CSE is a positive step in the Company's administration, and we look forward to robust growth in the coming years."

About Goldrea Resources Corp.

Goldrea Resources Corp. is a mineral exploration and development company that is engaged in the acquisition, exploration and development of mineral properties in North America.

Goldrea Resources Corp.

James Elbert, President and CEO

Neither the 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. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.