Greenock Resources: Annual Meeting and Debt Conversion

Greenock Resources Inc. (TSX VENTURE:GKR) ("Greenock") announces the corporation
is completing a shares for debt conversion of 1,663,410 shares for $166,341. The
purpose of these transactions is to strengthen Greenock's balance sheet and
provide capital to advance corporate mineral development projects.


The shares for debt conversion is priced at $0.10 cents per share. The debt is
primarily unpaid management fees, salaries and professional services to May 31,
2011 that have accrued but are unpaid. All debt owed to current management of
Greenock in the amount of $156,500 is subject to disinterested shareholder
approval at Greenock's upcoming shareholder meeting.


Greenock is holding an Annual and Special meeting on July 28, 2011, 10:30 am at
80 Richmond Street West, Suite 1101, Toronto ON. Existing shareholders and
potential investors are welcome to attend a presentation on the future of
Greenock Resources Inc. All information related to the Annual Meeting has been
filed on SEDAR for reference.


Greenock has filed its Interim Financials and Management Discussion and Analysis
to March 31, 2011 on SEDAR.


This press release includes certain "Forward-Looking Statements" within the
meaning of the US Private Securities Reform Act of 1995. Other than statements
of historical fact, all statements are "Forward-Looking Statements" that involve
such various known and unknown risks, uncertainties and other factors. There can
be no assurance that such statements will prove accurate. Results and future
events could differ materially from those anticipated in such statements.
Readers of this press release are cautioned not to place undue reliance on these
"Forward-Looking Statements". Michael Newbury, P.Eng., is the qualified person
who has reviewed this material on behalf of the Company. All dollar amounts are
noted in Canadian dollars unless otherwise stated in this release.

Greenock Resources (TSXV:GKR)
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