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Greenock Resources: Correction to Financing Terms

V.BEW

TORONTO, ONTARIO--(Marketwired - March 27, 2014) - Greenock Resources Inc. (TSX VENTURE:GKR.H) ("Greenock" or the "Company") announces in connection with the private placement announced on March 26, 2014, the Company will pay a finder's fee to qualified parties equal to 10% in cash and 10% in finder's shares subject to approval of the TSX Venture Exchange.

This press release includes certain "Forward-Looking Statements" within the meaning of applicable securities laws. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". Michael Newbury, P.Eng., is the qualified person who has reviewed this material on behalf of the Company. All dollar amounts are noted in Canadian dollars unless otherwise stated in this release.

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 or accuracy of this release.

Greenock Resources Inc.
James S. Hershaw
CFO & Vice President, Corporate Development
(416) 868.6198
(416) 868.1079
jshershaw@greenockresources.com
www.greenockresources.com

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