GOLDEN PEAKS FILES AMENDED & RESTATED MANAGEMENT'S DISCUSSION AND ANALYSIS FOR THE INTERIM PERIOD ENDED JANUARY 31, 2011

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 forward-looking statement.

SOURCE Golden Peaks Resources Ltd.

For further information:

Media Information, contact:
Scott, Emerson, President and Director SE@goldenpeaks.com
Investor Information, contact:
Mike Kordysz, Investor Communications MK@goldenpeaks.com

 

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Golden Peaks Resources Ltd.

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