Affiliate of Jilin Jien Nickel Industry Co., Ltd. Purchases Additional Goldbrook Ventures Inc. Shares

TORONTO, Mar.1 -- Jilin Jien Nickel Industry Co., Ltd. ("Jilin Jien") announced today that Jien International Investment Ltd. ("JIIL"), an affiliate of Jilin Jien and 0931017 B.C. Ltd. (the "Offeror"), acquired ownership of a total of 421,500 common shares ("Shares") of Goldbrook Ventures Inc. ("Goldbrook") through the facilities of the TSX Venture Exchange (the "TSXV") today, representing approximately 0.18% of the outstanding Shares. Both the highest price paid and the average price paid for the Shares purchased today was $0.385 per Share. The aggregate number of Shares acquired by the Offeror and its affiliates since the commencement of the offer by the Offeror to acquire all of the issued and outstanding Shares and common share purchase warrants of Goldbrook (the "Offer") is 4,216,500 Shares. The average price paid for the Shares purchased by the Offeror and its affiliates since the commencement of the Offer is $0.385 per Share. The Offeror, together with all persons acting jointly or in concert with it, owns 14,216,500 Shares in the aggregate, representing approximately 6.34% of the outstanding Shares.

JIIL acquired the Shares in furtherance of the Offeror's Offer for majority ownership and control of Goldbrook. The Offeror continues to reserve the right in its Offer to acquire or cause an affiliate to acquire additional Shares, up to 5% of the outstanding Shares, based on the number of Shares outstanding at the time of the commencement of the Offer. The Offeror intends to purchase Shares pursuant to the Offer and may make future purchases after completion of the Offer as circumstances warrant.

This press release does not constitute an offer to buy or sell, or the solicitation to buy or sell, any of the securities of Goldbrook. Such an offer can only be made pursuant to an offer to purchase and accompanying offering circular filed with the securities regulatory authorities in Canada.