VANCOUVER, May 13 /CNW/ - Golden Peaks Resources Ltd. (TSX:GL) (the
"Company" or "Golden Peaks") reports that it in connection with the
Company's completion of the acquisition of Reliance Resources Limited
the Company has determined to early adopt the International Financial
Reporting Standards ("IFRS"). Accordingly, the Company has amended and
restated the Management's Discussion and Analysis for the interim
period ended January 31, 2011 to disclose relevant information about
the Company's transition to IFRS and filed it on SEDAR at www.sedar.com.
The statements herein that are not historical facts are forward-looking statements.
These statements address future events and conditions and so involve
inherent risks and uncertainties, as disclosed under the heading "Risk
Factors" in the company's periodic filings with Canadian securities
regulators. Actual results could differ from those currently
projected. The Company does not assume the obligation to update any
SOURCE Golden Peaks Resources Ltd.
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