Goldrea Resources Corp.

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/03/10 -- Mr. Larry W. Reaugh, President & Chief Executive Officer of Goldrea Resources Corp. (TSX VENTURE: GOR)(PINK SHEETS: GORAF)(FRANKFURT: GOJ) ('Goldrea' or the 'Company') reports the Company has terminated the previously announced private placement with China Finance Gold International Limited 'CFGIL' in the amount of $5,600,000 for 40,000,000 units at $0.14. The