TORONTO, ONTARIO--(Marketwired - July 18, 2013) - Goldspike Exploration Inc. (the "Corporation") (TSX VENTURE:GSE) has applied to the TSX Venture Exchange ("TSX-V") for the extension of the expiry dates of certain common share purchase warrants issued by the Corporation.

Prior to the completion of its initial public offering in 2011 ("IPO"), the Corporation completed two private placements: On October 6, 2010, the Corporation closed a private placement of 12,000,000 units at a price of $0.06 per unit. Each unit was comprised of one common share and one-half (1/2) of one common share purchase warrant, with each whole warrant entitling the holder to purchase one common share at an exercise price of $0.15 until August 3, 2013. On December 15, 2010, the Corporation closed a private placement of 5,000,000 units at a price of $0.10 per unit. Each unit was comprised of one common share in the capital of the Corporation and one common share purchase warrant, with each warrant entitling the holder to purchase one common share at an exercise price of $0.20 until August 3, 2013.

On August 3, 2011, the Corporation closed its IPO of units and listed its common shares on the TSX-V where the Corporation issued 16,000,000 units at a price of $0.25 per unit. Each unit was comprised of one common share and one-half (1/2) of one warrant, with each whole warrant exercisable for one common share at an exercise price of $0.35 per common share until August 3, 2013.

The new expiry date of these warrants (19,000,000 in total) that has been requested extends for an additional year until August 3, 2014.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.