Mr. Bart Jaworski reports

GROUP ELEVEN GRANTS INCENTIVE STOCK OPTIONS AND ENTERS INTO AGREEMENT WITH OAK HILL FINANCIAL INC.

Group Eleven Resources Corp. has granted incentive stock options to directors, officers and employees of the company to purchase up to 1,435,000 common shares in the capital stock of the company. These options vest over a period of two years from the date of grant, at an exercise price of 11 cents per share. All options granted are subject to regulatory approval.

The company is also pleased to announce that it has entered into an agreement with Oak Hill Financial Inc., an arm's-length party to the company, to provide marketing services to the company to enhance its investor relations and marketing functions. Oak Hill is a marketing and consulting firm based out of Toronto, Ont., Canada. The agreement is for an initial period of two months. If the agreement is not terminated during the initial term, the term will automatically renew on a monthly basis. Under the agreement, the company has agreed to pay Oak Hill a fee of $8,000 (plus expenses and applicable taxes) per month, up to a maximum of $11,000 per month, to be paid from the company's existing working capital. Oak Hill does not currently own any securities of the company and no options are payable to Oak Hill as part of the agreement. The agreement is subject to TSX Venture Exchange approval.

About Group Eleven Resources Corp.

Group Eleven Resources is a mineral exploration company focused on advanced-stage zinc exploration in Ireland.

We seek Safe Harbor.