Mr. Andrew F. de P. Malim is an experienced mining and corporate finance executive with over 30 years dedicated to the financing and management of mining companies. Mr. Malim has a strong working knowledge of geology and has been associated with a number of significant discoveries including the Blackdome and SNIP high-grade underground gold mines in British Columbia and other base metals and diamond discoveries in the USSR and Africa.

Mr. Malim's personal and corporate achievements include being a full member of the International Stock Exchange London from 1966 to 1979; a founding member of the James Capel & Co mining team from 1968 to 1979; and a founder of the Lion Mining Group in 1981 which, until 2004, acted as financier (both as principal and agent) to numerous mining companies and projects.

Mr. Malim will be working closely with President Jack Steinhauser, Vice President Kevin Allison and Chairman Tony Harvey on the development of GPE's European project portfolio in his capacity of Vice President of European Business Development. Mr. Malim will continue to serve as a Director of the Company.

Gold Point Energy Corp. is engaged in the development of oil and gas projects in the U.S., South America and Europe. The Company has experienced technical and management professionals, which provide a high level of expertise to oil and gas project development, as well as good access to industry contacts and quality projects. Gold Point Energy Corp. has recently announced two new projects: a farm-in with JKX Oil & Gas PLC and Aurelian Oil & Gas PLC to earn a 20% working interest on portions of two licenses comprising 350,000 acres in eastern Bulgaria, and a farm-in with RTR Energy, LLC to earn a 37.5% working interest in the redevelopment of the Tepee Butte oil field in Hettinger County, North Dakota.

ON BEHALF OF THE BOARD

"Jack S. Steinhauser"

Jack S. Steinhauser President & CEO

For Additional Information Val Donovan - Manager, Corporate Communications (877) 741-1217 (604) 681-1250 vdonovan@goldpointenergy.com

Certain statements contained in this press release may be considered as "forward looking". Such "forward looking" statements are subject to risks and uncertainties that could cause actual results to differ materially from estimated or implied results. These forward-looking statements are identified by their use of terms and phases such as "believe,' "expect,' "plan,' "anticipate" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from the Company's expectations, and expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to the following: the Company's ability to obtain additional financing, geological, mechanical or difficulties affecting the Company's planned geological work programs, uncertainty of estimates of mineralized material and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

SOURCE: Gold Point Energy Corp.

The Committee invited Ms. Schultz to testify as a representative of the 32,000 plaintiffs in Exxon Shipping Co. v. Baker, a 20-year fight for punitive damages over the Exxon Valdez oil spill, the worst spill disaster in American history. On June 25, the Supreme Court ruled against the plaintiffs as well as the decisions of the original jury in the case, which awarded the fishermen $5 billion in punitive damages, and the Ninth Circuit, which reduced the award to $2.5 billion. The Court slashed the award to $507 million, amounting to approximately $12,000 per plaintiff: pennies compared to the enormous losses incurred since the spill.

"The recent decision by the United States Supreme Court trumps the rights of the individual for the benefit of bottom line corporate interests, specifically for the largest corporation in the world which continues to reap record profits," said Osa Schultz.

Osa Schultz is part of a long-time Alaska fishing family that spans several generations. At the hearing on Wednesday, she will testify to how the Exxon Valdez oil spill destroyed her business and her community, and continues to haunt the people, the economy and the climate of Prince William Sound. She is a spokesperson of The Whole Truth Campaign. Joining her at the hearing on Wednesday will be Whole Truth representatives Travis Vlasoff, director at the Tatitlek Corporation, and Jennifer Gibbins, Executive Director of Prince William Soundkeeper.

ABOUT THE WHOLE TRUTH

The Whole Truth campaign is supported by leading Alaska advocacy organizations Prince William Soundkeeper and Cordova District Fishermen United. Native and commercial fishermen are available to speak to their direct personal experiences as victims of the fall-out of the Exxon Valdez Oil Spill. To interview Osa Schultz and/or Travis Vlasoff and Jennifer Gibbins, contact Aric Caplan at 301-998-6592 or go to www.wholetruth.net.

Aric Caplan | Phone: 301/998-6592

aric@caplancommunications.com

SOURCE The Whole Truth

http://www.wholetruth.net/

Shares of Newfield closed Tuesday at $63.32 while Exxon's stock finished the session at $90.02. Michael Baron mb

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Fifteen descendants of the oil baron are involved in four shareholder resolutions seeking changes at Exxon, including dividing the CEO and chairmanship positions held by Rex Tillerson.

Peter O'Neill, a great-great grandson of Rockefeller, said that separating the two positions will enable CEO Rex Tillerson to focus on delivering positive results, while empowering the chairman and the board to objectively analyze the long term challenges and opportunities facing the company.

Exxon, which is having its annual meeting on May 28, has asked shareholders not to support the proposal and said it believes the most effective leadership structure for the company is for Tillerson to serve as both chairman and CEO.

The ISS report notes that the Rockefeller family still owns a substantial, but undisclosed, minority stake in Exxon Mobil.

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