Gold Reach Resources Ltd.

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Canada & British Columbia Vancouver

700 West Georgia Street, Suite 888

+1 604 718-5454

www.goldreachresources.com

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Company Press Releases

Gold Reach Announces Completion of $700,000 Non Brokered Private Placement

VANCOUVER, July 20, 2016 /CNW/ - Gold Reach Resources Ltd. (the "Company") (TSX-V:GRV) announces that the Company has closed its non-brokered private placement and has issued 4,666,666, units at a purchase price of $0.15 per unit for gross proceeds of $700,000. Each unit consists of one common share of the Company and one-half of one nontransferable common share purchase warrant.Each warrant will entitle the holder to acquire an additional common share of the Company at an exercise price of $0.22 per share for a period of 3 years from the closing date of the private placement.If the Company...

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