Gold Reach Resources Ltd. (TSX.V: GRH)


January 13, 2006

January 13, 2006 - Vancouver, BC – Gold Reach Resources Ltd. (TSX.V: GRH) announces the completion of a non-brokered private placement of 6.0 million Flow-Through Units at a price of $0.10 per Unit with each unit consisting of one flow-through share and one-half of a share purchase warrant; one whole warrant will be exercisable into one non flow-through share for a period of one year at a price of $0.20 per share. Finder’s fees were paid to (a) Canaccord Capital Corporation – (205,000 Units); (b) Union Securities – (20,000 Units); (c) Bolder Investment Partners – (20,000 Units); and (d) Foster and Associates – (150,000 Units).

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson,
Chairman