2011-0303 - GLR Resources Inc. - Name Change/Consolidation

March 18, 2011

GLR Resources Inc. has announced a name change to Mistango River Resources Inc. and the consolidation of its Class A voting common shares on the basis of one (1) new post-consolidation common share for each four (4)  pre-consolidation common shares. Fractional shares remaining after giving effect to the consolidation will be cancelled, such that shareholdings of each shareholder will be rounded down to the nearest whole number of post-consolidation common shares. The consolidation will reduce the number of shares outstanding to approximately 15,898,756 common shares.

The date set for the consolidation is March 23, 2011.  The post-consolidated common shares of Mistango River Resources Inc. will begin trading on March 21, 2011.  The Company will trade under the new symbol "MIS".

Dealers should be aware that open orders on "GLE" will not be transferred to "MIS", and dealers are also reminded to re-enter their orders on "MIS " taking into account the share consolidation.

Listing and disclosure documents for Mistango River Resources are available in the Listings Disclosure Hall

Effective Date: Monday, March 21, 2011
Symbol: MIS
NEW CUSIP: 60645A 10 2
NEW ISIN: CA 60645A 10 2 1
If you have any questions or require further information please contact Radhika at (416) 572-2000 X 2435 or E-mail: [email protected]