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| ||July 06, 2012|
| ||Goldbar Resources Inc., formerly Nanika Resources Inc. (the "Company") announces that effective today there has been a number of management changes. First, John Busswood, a director of the Company, has been appointed the President, Chief Executive Officer and Chairman of the Company. Second, Bob Anderson has been appointed a director of the Company and, in the place of John Busswood, he has been appointed the Chief Financial Officer and Secretary of the Company. James Jacuta has resigned as a director and the President, Chief Executive Officer and Chairman of the Company. The Company would like to extend its sincere thanks to James Jacuta for his significant contribution of time and effort to the Company for the past 17 years.|
About Goldbar Resources Inc.
Goldbar Resources Inc. is a TSX Venture listed mineral exploration and development company focusing on the advancement of its mineral properties, all of which are located in Canada.
For further information please John Busswood, President & CEO of the Company, at 604-929-4897 or Toll Free at 1-866-580-0699 or visit the Company's website at www.nanikaresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Busswood, President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
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