GDV Resources Inc. Issues Shares for Debt

GDV Resources Inc. (TSX VENTURE:GDV.H) (the "Company") announces that pursuant
to a resolution passed by disinterested shareholders on November 24, 2010 the
Company has issued 2,477,000 common shares at a price of $0.05 per share to
settle debt in the amount of $123,850. This amount includes 1,500,000 shares to
settle $75,000 due to GC-Global Capital Corp., a related party as a result of
common officers and share ownership, 525,000 shares to settle $26,250 due to
Chris Carmichael, the Company's former Chief Financial Officer and Director and
452,000 shares to settle $22,600 due to a company controlled by Gordon Ewart,
the Company's Chief Executive Officer. Subsequent to the issuance of shares the
parties' ownership percentages will be 49.9%, 10.95% and 7.45% respectively. The
shares issued will be subject to a four-month hold period expiring June 18,
2011.

Cardinal Capital Partners, Inc. (TSXV:GDV.H)
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