Galore Announces a Non-Brokered Private Placement
![Galore Announces a Non-Brokered Private Placement](https://www.goldseiten.de/media/goldseiten-news.jpg)
In connection with the private placement the Company may pay a finder's fee in securities of the Company, as permitted by the policies of the TSX Venture Exchange.
The proceeds of the offering will be used to commence drilling the El Alamo claim and for general working capital. The securities issued pursuant to this Offering will be subject to a hold period under applicable securities laws, which will expire four months plus one day from the date of closing of the Offering. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including approval of the TSX Venture Exchange.
Anyone interested in participating in the Offering is asked to please contact Mike McMillan, CEO @ (210) 860-9212 (USA) or by email to: mike@galoreresources.com in order to receive subscription documentation and instructions. The Company expects to close the financing over the course of the next couple of weeks. .
We thank our many stockholders for their continued support and we look forward to directing this Company to the future success we have all awaited.
ON BEHALF OF THE BOARD
"Michael McMillan"
President and CEO
To find out more about Galore Resources (TSX.V:GRI) please contact:
Mike McMillan at (210) 860-9212 (USA)
Please visit our website at www.galoreresources.com or contact us at mike@galoreresources.com.
Cautionary Statement
This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration plans and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations as well as a comprehensive list of risk factors are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and we do not undertake any obligation to update forward-looking statements should conditions or our estimates change, other than as required by law and readers are further advised not to place undue reliance on forward-looking statements.
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 release.
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