Gulfside Acquires Additional Onjuul Licenses

TSX.V - GMG

VANCOUVER, April 15, 2010 - Robert L. Card, President of Gulfside
Minerals Ltd., ("Gulfside" or the "Company") (TSXV:GMG) is pleased to report
that the Company has signed the final Earn-in Agreements ("EIA") with two
private Mongolian companies to acquire 100% interest in two Mining
Exploration Licenses which are located to the north and north east of its
Black Hole and Onjuul projects and approximately 170 km south west of
Ulaanbaatar in Mongolia. The two additional licenses add 10,319 hectares (ha)
(25,499 acres) to the Company's holdings which increases the size from 2,156
ha to 12,475 ha. The new licenses border the present holdings on the north
and north east side. Initial indications from the Company's first phase
drilling program suggest the coal bearing structure trends north and north
east into the licenses covered under the EIA. To acquire its 100% interest
the Company, over an extended period of time, will be paying a combination of
cash and common shares. The acquisition is subject to approval by the TSX
Venture Exchange ("TSXV") and completion of financing to provide ongoing
funds. Once the Company has received TSXV approval more details will be
provided. No finder's fees are payable on these acquisitions. The Company
also advises that it has amended the original terms of the acquisition for
the Black Hole project to provide for a reduction in cash payments and an
increase in common shares over the next two years. The Company has also
amended the terms of the Onjuul project acquisition and is in the process of
finalizing documentation. Both amendments are subject to the approval of the
TSXV and once approval has been received more details will be provided. The
Company intends to do further work on the Onjuul project this spring and
summer with a drill program to confirm and expand the current historical
resources as well as step out into the newly acquired licenses.

On Behalf of the Board of Directors, Gulfside Minerals Ltd.

"Robert L. Card"

Robert L. Card President

"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release."

Forward-Looking Statements: This document includes forward-looking
statements. Forward-looking statements include, but are not limited to,
statements concerning GMG's planned exploration program in Mongolia and other
statements that are not historical facts. When used in this document, the
words such as "could," "plan," "estimate," "expect," "intend," "may,"
"potential," "should," and similar expressions are forward-looking
statements. Although GMG believes that its expectations reflected in these
forward looking statements are reasonable, such statements involve risks and
uncertainties and no assurance can be given that actual results will be
consistent with these forward-looking statements. Important factors that
could cause actual results to differ from these forward-looking statements
are disclosed under the heading "Risk Factors" and elsewhere in the
corporation's periodic filings with Canadian securities regulators.

For further information: Investor Contact: Del Thachuk, Delmor
Enterprises Ltd., +1-604-538-5995, Delthachuk@shaw.ca,
www.gulfsideminerals.com

For further information: Investor Contact: Del Thachuk, Delmor Enterprises Ltd., +1-604-538-5995, Delthachuk at shaw.ca