Gulf Shores Resources: Shares for Debt Transaction

Vancouver, British Columbia--(Newsfile Corp. - August 7, 2014) - Gulf Shores Resources Ltd. (TSXV: GUL) (the "Company") announces that it has arranged to settle an aggregate of up to $75,000 of outstanding debt owing to certain directors, officers and consultants by issuing an aggregate of up to 789,474 common shares at a deemed price of $0.095 per common share.

The common shares issued in connection with this debt settlement will be subject to a hold period of four months from the date of issuance. The arrangement is subject to approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD

"MICHAEL TURKO"

Michael Turko
President

Tel: (604)683-3309

Neither the 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 news release.