Mr. Keith Anderson reports

GOLDEN SPIKE CLOSES PROCEEDS TO DEBT SETTLEMENT TRANSACTION

Golden Spike Resources Corp. has entered into debt settlement agreement with an arm's-length third party of the company, pursuant to which the company has agreed to issue an aggregate of 562,500 common shares at a deemed price of eight cents per share to settle a total indebtedness of $45,000.

The company determined to satisfy this outstanding indebtedness with shares to preserve its cash for operations. The transaction is subject to the approval of the Canadian Securities Exchange. All shares issued pursuant to the transaction will be subject to a four-month-and-one-day hold period.

About Golden Spike Resources Corp.

Golden Spike Resources is a Canadian mineral exploration company focused on identifying, acquiring and unlocking value in mineral opportunities in Canada and other low-risk jurisdictions. The company currently holds 100-per-cent interest in the 3,425-hectare Gregory River property in Newfoundland, strategically centred over an approximate 11-kilometre-long stretch of the Gregory River VMS (volcanogenic massive sulphide) belt, a north-northeast-trending corridor of very prospective ground with potential to host Cyprus-type polymetallic VMS deposits. In addition, the property hosts a cluster of historically explored, high-grade, copper-plus-or-minus-gold vein structures.

We seek Safe Harbor.