Further to its press release dated September 21st 2010, Goldbrook Ventures Inc announces that it has commenced arbitration proceedings in British Columbia against Jilin Jien Nickel Industry Co Limited and its affiliates in respect of Jilin Jien's purported issuance of voting common shares of Jien Canada Mining Limited that would reduce Goldbrook's percentage of voting shares, and consequently Goldbrook's interest in the Nunavik Nickel Project, from 25% to 4.21%.

Goldbrook is seeking remedies, including declarations that the share issuance violated the terms of the Shareholder Agreement between the parties and that Goldbrook continues to hold 25% of the voting shares of Jien Canada.