BRIGUS GOLD REFUSES TO MAKE PAYMENT TO GLR

KIRKLAND LAKE, ON, Nov. 10 /CNW/ - GLR Resources Inc. ("GLR") has received notice from Brigus Gold Corp. ("Brigus", formerly Linear Gold Corp.) that it is refusing to pay GLR the amount of US$ 1,799,900.00 (the "Yantai Reimbursement") which became payable on October 31 2010. The Yantai Reimbursement is a partial repayment of the deposit paid by GLR in respect of the Goldfields mill.

GLR, through its legal counsel, has demanded payment from Brigus of the Yantai Reimbursement by November 16, 2010. GLR has also demanded payment of additional amounts owing pursuant to the Agreement of Purchase of Sale dated May 25, 2009 between Linear Gold Corp. (now Brigus) and GLR, as amended (the "Agreement of Purchase and Sale") as a result of the actions of Brigus, including the unilateral decision by Brigus not to proceed with the Goldfields mill at this time and its unilateral decision to suspend construction of the Gekko Gravity mill. The total payment demanded by GLR is US$4,200,000.00.

Commenting on the forgoing Robert Kasner, President and CEO of GLR, stated: "I am extremely disappointed by the actions of Brigus. Despite all reasonable efforts by GLR to assist Brigus regarding the Goldfields project, Brigus is attempting to avoid or delay its payment obligations to GLR. For example, without any notice to GLR, Brigus has unilaterally stopped construction of the Gekko Gravity mill just before its completion and it seeks to rely on its own actions as the basis for refusing to pay GLR the reimbursement payments due in respect of the Goldfields mill and the Gekko Gravity mill."

GLR is a Canadian‐based junior mining and exploration company focused on existing projects in Ontario and Quebec. As previously announced, GLR has received the conditional approval for the listing of its common shares on the Canadian National Stock Exchange (the "CNSX"). It is anticipated that GLR's common shares will begin trading on the CNSX under the trading symbol "GLE" on or about November 12, 2010.

Forward-Looking Information

This news release contains certain "forward-looking information". All statements, other than statements of historical fact, that address activities, events or developments that GLR believes, expects or anticipates will or may occur in the future including, without limitation, statements relating to the anticipated date of GLR's listing of its common shares on the CNSX are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of GLR based on information currently available to GLR. Forward-looking statements are subject to a number of significant risks and uncertainties and other factors that may cause the actual results of GLR to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on GLR. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to, GLR's failure to list on the CNSX in a timely manner.

Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, GLR disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although GLR believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

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www.glrresources.com

For further information:

Robert Kasner, President and CEO
Telephone: [phone]
E-mail: [email protected]