Gold Ridge Exploration Corp.: Corporate Update

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THEREFROM. 


Mr. David Heighington, a Director of Gold Ridge Exploration Corp. (the
"Corporation" or "Gold Ridge") (TSX VENTURE:GEA), announces it has executed an
Amending Agreement (the "Agreement") to the original Asset Purchase Agreement
dated February 11, 2013, the terms and conditions of which were previously
disclosed in a press release dated February 20, 2013. Pursuant to the terms of
the Agreement, the purchase price for the Chigwell assets was reduced to
$200,000 from $300,000 and will be satisfied by the issuance of 4,000,000 common
shares of Gold Ridge at an issue price of $0.05 per common share rather than
3,000,000 common shares as originally disclosed. The offering price of the
previously announced private placement for gross proceeds of $400,000 has also
been reduced to $0.05 per common share. 


READER ADVISORY 

Neither the 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
GOLD RIDGE EXPLORATION CORP.
Mr. David Heighington
Director
(403) 237-0018


GOLD RIDGE EXPLORATION CORP.
Suite 730, 1015 - 4th Street SW
Calgary, Alberta T2R 1J4

Gold Ridge Exploration Corp. (TSXV:GEA)
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