August 20, 2012 Calgary, Alberta

Goldnev Resources Inc. ("Goldnev" or the "Company") (TSX Venture Exchange – “GNZ”) announces that Marc Dame has been removed as a director of the Company effective August 16, 2012.

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

About Goldnev

Goldnev Resources Inc. is a junior energy exploration company focused on the exploration and development of unconventional oil shale resources in Saskatchewan, Canada and conventional crude oil and natural gas production in northeastern British Columbia and southwestern Alberta. The shares of Goldnev are listed on the TSXV and trade under the symbol “GNZ”.

Further information on Goldnev can be found on SEDAR or you may contact the Company at [email protected] or contact:

Mr. Andrew S. Burgess

Chief Financial Officer

Goldnev Resources Inc.

Telephone: (403) 383-8254

Facsimile: (403) 508-2670