GDV Resources Inc. Announces Private Placement

GDV Resources Inc. (TSX VENTURE:GDV.H) (the "Company") today announced that it
has closed a $125,000 private placement of common shares ("Shares") at a price
of $0.05 per Share.


In connection with the private placement, Chris Carmichael ("Carmichael"), Chief
Executive Officer of the Company, sold 2,500,000 common shares of the Company in
pre-arranged trades over the facilities of the Exchange, and used the proceeds
to purchase 2,500,000 Shares under the private placement. After the closing of
the private placement, Carmichael will own 2,594,633 common shares, representing
in the aggregate approximately 27.1% of the issued and outstanding common shares
of the Company.


The private placement is subject to regulatory approval, including final
approval of the NEX. The common shares issued pursuant to the private placement
will be subject to a four-month hold under applicable securities laws. The
proceeds of the financing will be used for general working capital purposes.


FOR FURTHER INFORMATION PLEASE CONTACT: 
GDV Resources Inc.
Mr. Chris Carmichael
CEO
(647) 352-4900

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