BRIEF

on Gabriel Resources Ltd. (isin : CA3619701061)

Gabriel Resources Ltd. Announces Director Resignation

Gabriel Resources Ltd. (TSXV:GBU) has announced the resignation of Mr. Daniel Kochav from its board of directors, effective immediately. Mr. Kochav was the nominee of Tenor Capital Management LLC ("Tenor").

Additionally, Tenor, through its affiliate Enescu Investments, has waived its right to nominate a successor or observer to the company's board, also effective immediately.

For any inquiries regarding this press release, please contact Dragos Tanase, President & CEO (dt@gabrielresources.com), or Richard Brown, Chief Financial Officer (richard.brown@gabrielresources.com).

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

R. E.

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