News Release

Golden Alliance Resources Corp. To Trade On TSX Venture Exchange

January 29, 2010

GOLDEN ALLIANCE RESOURCES CORP. ("GLL")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: January 29, 2010
TSX Venture Tier 2 Company

Effective at the opening Monday, February 1, 2010, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Mineral Exploration & Development' company.

Corporate Jurisdiction: British Columbia

Capitalization: Unlimited common shares with no par value of which 3,564,629 common shares are issued and outstanding.
Escrowed Shares: Nil common shares

Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: GLL
CUSIP Number: 38078W 10 6

For further information, please refer to the Company's Application dated January 20, 2010 available on SEDAR.

Company Contact: Nikolaos Cacos
Company Address: Suite 3350, 1055 Dunsmuir Street, Vancouver, BC V7X 1L2

Company Phone Number: (604) 687-1828
Company Fax Number: (604) 687-1858
Company Email Address: ncacos@grossogroup.com