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Goldspike Exploration Inc.: Announces Warrant Exercise

06.02.2015  |  Newsfile
Toronto, Feb. 6, 2015 - Goldspike Exploration Inc. (TSXV: GSE) ("Goldspike" or the "Company") is pleased to announce that 100% of the Company's 5,000,000 common share purchase warrants with a strike of $0.20 have been exercised for proceeds to the Company of $1,000,000. The warrants were issued by Goldspike on October 6, 2010. In addition, the Company also received proceeds of $121,274.65 from the exercise of 346,499 warrants with a strike price of $0.35. The warrants were issued on August 3, 2011 in conjunction with the Goldspike's initial public offering. All the warrants had and an expiry date of February 3, 2015. The Company currently has no further warrants outstanding.

"The exercise of both classes of warrants and recent insider buying demonstrates strong confidence in the Company and the success of our exploration programs to date. We are committed to making the Company's 100% owned Lone Mountain project in Nevada a focus zinc discovery story in 2015." stated Bruce Durham, President and CEO of Goldspike.

For further information contact:

Goldspike Exploration Inc.
4 King Street West, Suite 1500
Toronto, Ontario, M5H 1B6
Tel: (416) 504-8821
Bruce Durham, President and CEO

CAUTIONARY STATEMENT: Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, Goldspike's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments, and those risks set out in Goldspike's public documents filed on SEDAR. Although Goldspike believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Goldspike disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
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