Greenock Resources: Quarterly Financials

Greenock Resources Inc. (TSX VENTURE:GKR) ("Greenock") announces it has filed its Interim Financial Statements and Management Discussion and Analysis to September 30, 2011 on SEDAR.

Greenock has refiled revised Interim Financial Statements to June 30, 2011 on SEDAR to provide additional information required by IFRS accounting guidelines.

Greenock is holding a Special meeting on January 27, 2012, 10:30 am at 80 Richmond Street West, Suite 1101, Toronto ON. Subject to completing final closing conditions, this meeting is being organized to approve the previously announced the purchase of 87.5% of the shares of Greenock's wholly owned subsidiary PTM Minerals (Cayman) Ltd by Quatern Holdings Limited.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. 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.

Contacts: Greenock Resources Inc. James S. Hershaw CFO & Vice President, Corporate/ Mineral Development (416) 603.7200 (416) 603.9200 (FAX)info@greenockresources.comwww.greenockresources.com

Greenock Resources (TSXV:GKR)
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