Gold Canyon Resources Inc V.GCU

RE: Sheldon Inwentash selling!!

[MRS]

There seems to be more to the story - on the same day he also bought 21,900 shares and on the 8th, bought another 20,000 shares. At least that is what SEDI shows.

Transaction ID

Date of transaction YYYY-MM-DD

Date of filing YYYY-MM-DD

Ownership type (and registered holder, if applicable)

Nature of transaction

Number or value acquired or disposed of

Unit price or exercise price

Closing balance

Insider's calculated balance

Conversion or exercise price

Date of expiry or maturity YYYY-MM-DD

Underlying security designation

Equivalent number or value of underlying securities acquired or disposed of

Closing balance of equivalent number or value of underlying securities

Insider name:

Inwentash, Sheldon

Insider's Relationship to Issuer:

6 - Director or Senior Officer of 10% Security Holder

Ceased to be Insider:

Not applicable

Security designation:

Common Shares

1902419

2011-07-06

2011-07-07

Direct Ownership :

10 - Acquisition or disposition in the public market

+40,000

2.3197

2,443,700

1903048

2011-07-06

2011-07-08

Direct Ownership :

10 - Acquisition or disposition in the public market

+600

2.3300

2,444,300

1903049

2011-07-06

2011-07-08

Direct Ownership :

10 - Acquisition or disposition in the public market

+9,300

2.3300

2,453,600

1903050

2011-07-06

2011-07-08

Direct Ownership :

10 - Acquisition or disposition in the public market

+100

2.3300

2,453,700

1903349

2011-07-07

2011-07-08

Direct Ownership :

10 - Acquisition or disposition in the public market

-25,000

2.4539

2,428,700

1903379

2011-07-07

2011-07-08

Direct Ownership :

10 - Acquisition or disposition in the public market

+21,900

2.4940

2,450,600

1904025

2011-07-08

2011-07-11

Direct Ownership :

10 - Acquisition or disposition in the public market

+20,000

2.4679

2,470,600