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Abstract
(Marketwire - Aug. 10, 2009) - Robert L. Card, President of Gulfside Minerals Ltd. ("Gulfside" or the "Company") (TSX VENTURE:GMG), is pleased to report that the TSX Venture Exchange ("TSXV") has conditionally approved the acquisition of the Onjuul Coal Project ("Onjuul") subject to completion of the proposed financing. The acquisition is composed of two agreements covering three mineral exploration licenses, covering 2156 ha, located in the Onjuul coal basin, 170 km SW of Ulaanbaatar, the capital of Mongolia.
Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning GMG's planned exploration program in Mongolia and other statements that are not historical facts. When used in this document, the words such as "could", "plan", "estimate", "expect", "intend", "may", "potential", "should", and similar expressions are forward-looking statements. Although GMG believes that its expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading "Risk Factors" and elsewhere in the corporation's periodic filings with Canadian securities regulators.