GreenLight Resources announces it has closed the second and final tranche of its non-brokered private placement

(PRZCF-OTCBB)                          (TSXV.GR)

VANCOUVER, Jan. 19 /CNW/ - GREENLIGHT RESOURCES INC. (TSXV.GR), announces that it has closed the second and final tranche of its non-brokered private placement consisting of 902,500 common shares at a price of $0.18 announced on December 15, 2012.

The Company is pleased to announce that it has closed the second and final tranche of its non-brokered private placement consisting of 902,500 common shares at a price of $0.18 announced on December 15, 2012.  Each unit consists of one common share and one share purchase warrant which allows the holder to purchase one additional share of the Company at a price of $0.25 per share for a period of one year from the closing of the private placement.  The total private placement consists of 2,420,000 units in the capital stock for total gross proceeds of $435,600.  The shares are subject to a four month hold period.

On Behalf of the board of directors
"Ron Bourgeois"
Ron Bourgeois, President

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Tel: (604) 488-3900,    email: info@GreenLightResources.ca

Neither 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.

Forward-looking statements relating to future events or future performance and reflecting Green Light Resources management's expectations or beliefs regarding future events include, but are not limited to, statements with respect to completion of the private placement and related matters. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of  Green Light  Resources to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; possible variations in ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in Green Light Resources interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although Green Light Resources has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking statements.

For further information:

Investor Relations:
John Curle
604-488-3900
IR@GreenLightResources.ca

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Greenlight Resources Inc.

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