Goldbrook Ventures Inc.: Canadian Royalties Plan of Arrangement Receives Shareholder Approval at Special Meeting

VANCOUVER, BRITISH
COLUMBIA–(Marketwire – Jan. 5, 2010) – Goldbrook Ventures Inc. (TSX VENTURE:GBK) (“Goldbrook“) announced today
that Canadian Royalties Inc.’s (“Canadian Royalties“) shareholders have
approved the proposed plan of arrangement (the “Arrangement“) with Jien
Canada Mining Ltd. (“Jien Canada“). Goldbrook owns 25% of the voting
shares of Jien Canada. At the special meeting of Canadian Royalties’
shareholders held on December 31, 2009, the transaction was approved by 99.70%
of the votes cast by shareholders. Under the Arrangement, Jien Canada will
acquire the outstanding common shares (the “Shares“) of Canadian
Royalties (being the Shares held by holders other than Jien Canada) in exchange
for $0.80 per Share, pursuant to Section 192 of the Canada Business
Corporations Act. During the week of January 11, 2010, Canadi