Mr. Derrick Weyrauch reports

GT RESOURCES GRANTS ANNUAL EQUITY INCENTIVES

GT Resources Inc.'s board of directors has approved for grant the following annual equity incentives to directors, officers, employees, advisers and consultants:

• 875,000 restricted share units to certain employees, advisers and consultants, which vest three years from the date of issue and have a term of five years;
• Three million deferred share units to certain officers and directors, which are exercisable upon departure from the company and which vest one year from the date of issue;
• 5.4 million stock options to certain officers and directors, which are exercisable for five years at a price of 2.5 cents per common share with one-third vesting immediately and one-third every six months thereafter;
• 700,000 stock options to certain employees, advisers and consultants, which are exercisable for five years at a price of 2.5 cents per common share with one-third vesting immediately and one-third every six months thereafter.

About GT Resources Inc.

GT Resources is a mineral exploration and development company with a strategy to advance magmatic sulphide copper, nickel and platinum group element mining projects in Europe and North America. Existing projects are located in Finland and Canada, and are composed of district-scale opportunities that have attracted strategic investment from a major mining company.

We seek Safe Harbor.