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Goldrea Withdraws From Financing Offer

March 08, 2011

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2011) - Larry W. Reaugh, President and Chief Executive Officer of Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK SHEETS:GORAF)(FRANKFURT:GOJ) ("Goldrea" or the "Company") announces that Goldrea Resources Corp. has concluded, after consultation with APEC International Investment Group Ltd. of Sydney, Australia to terminate negotiations toward closing the Binding Letter of Contract offered on behalf of Ryhat Inc. International Finance Luxembourg for an investment loan of $16.5-million US.

http://www.marketwire.com/mw/release.do?id=1408227&sourceType=3
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