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Galore Proposes to Extend Warrants
Published : May 25, 2011
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Keywords :   G Mexico | Market | Mexico |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 25, 2011) - Galore Resources Inc. (News - Market indicators) (the "Company") proposes to extend by one-year the expiry date of the following share purchase warrants:

  • Warrants to purchase up to 8,625,000 common shares at an exercise price of $0.20 per share until July 25, 2011, issued in connection with a non-brokered private placement completed in March 2009.

If accepted by the TSX Venture Exchange (the "Exchange"), the Company will extend the expiry date of the 8,625,000 share purchase warrants to July 25, 2012.

The application to amend the warrants is subject to the Exchange's acceptance, and the Company makes no assurances that the required acceptance for the extension of the term of the warrants will be granted.

Galore Resources is a British Columbia-based exploration company that has assembled a leading group of industry professionals to acquire and explore for promising deposits in Mexico and British Columbia.

Michael W. Byrne, President

For progress updates and queries on Galore Resources Inc. (News - Market indicators) please contact:

Erica C Bearss, MBA

Cautionary Note Regarding Forward-Looking Information: The Company expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at your own risk and without liability to the company. The information contained herein is not, and under no circumstances is to be construed as either a public or a private offer or solicitation to purchase securities in the capital stock of Galore Resources Inc. The reader is referred to his/her professional investment advisor regarding investment or related decisions respecting the securities of the company. No securities commission or similar regulatory authority has passed on the merits of or reviewed the information contained herein.

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.

Galore Resources Inc.
Erica C Bearss, MBA
Vice President Corporate Communications
604-647-2298 or Toll Free: 1-877-647-2298
Skype: 1-206-388-2423
ebearss@galoreresources.com / www.galoreresources.com
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Galore Resources inc.

EXPLORATION STAGE
CODE : GRI.V
ISIN : CA3640961072
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Galore Res. is a silver and gold exploration company based in Canada.

Its main exploration properties are DOS SANTOS in Mexico and TASEKO in Canada.

Galore Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.6 millions as of today (US$ 1.2 millions, € 1.1 millions).

Its stock quote reached its highest recent level on December 28, 2007 at CA$ 0.63, and its lowest recent point on May 01, 2020 at CA$ 0.01.

Galore Res. has 108 700 000 shares outstanding.

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Annual reports of Galore Resources inc.
2007 Annual report
Financings of Galore Resources inc.
2/21/2013Proposes to Extend Warrants
1/31/2013Closes Private Placement
10/19/2012Warrant Extension Accepted
10/9/2012Proposes to Extend Warrants
5/30/2012Closes Private Placement
5/2/2012ANNOUNCES $750=2C000 FINANCING
6/29/2011Announces $1,000,000 Financing
1/31/2008ANNOUNCES UP TO A $500,000 PRIVATE PLACEMENT FINANCING
11/8/2007 Announces up to a $3,562,500 Private Placement Financing
11/2/2007Super flow through opportunity
Nominations of Galore Resources inc.
2/15/2013Appoints a New Chairman and New Director
7/26/2012Appoints New CEO
4/17/2012Appoints Al Fabbro and Charles Troup As Directors
9/26/2011GALORE APPOINTS MR MICHAEL MCMILLAN AS DIRECTOR CRM
Project news of Galore Resources inc.
1/26/2012DRILLS 2.22 G/T GOLD OVER 17.5 METRES AT EL ÁLAMO CRM:030121...
1/4/2012Galore Resources Receives Significant Gold Results in Concep...
12/6/2011DRILLS HIGH-GRADE GOLD NEAR SURFACE AT EL A´LAMO CRM:0301185...
10/5/2011(Dos Santos)ADVANCES EXPLORATION PROGRAM AT DOS SANTOS CRM:030111103
3/30/2011=?us-ascii?Q?Galore Resources featured in the Gold Report CR...
2/23/2011(Dos Santos)=?us-ascii?Q?GALORE REPORTS SIGNIFICANT SILVER, LEAD AND ZIN...
2/22/2011(Dos Santos)Reports Significant Silver, Lead and Zinc Results From La Pa...
3/24/2010(Dos Santos)Commences exploration program at Dos Santos
1/7/2010(Taseko)reports Taseko project drill results
7/9/2009(Dos Santos)Dos Santos Drill Program Underway CRM:0003926?=
2/7/2008(Dos Santos)EXPANDS MEXICO GOLD PROJECT
Corporate news of Galore Resources inc.
9/23/2014IIROC Trading Resumption - GRI
9/22/2014Galore Announces Updates on Corporate Matters and on Its Non...
8/7/2014IIROC Trading Halt - GRI
8/7/2014TSX Venture Exchange Cease Trade Order
7/17/2013Changes Auditor and Sets 2013 AGM
6/12/2013(Dos Santos)Announces Up to $750,000 Financing and Plans for Further Exp...
11/13/2012Makes Changes to Management
9/11/2012Grants Incentive Stock Options
3/21/2012featured in the Gold Report
1/10/2012Receives Significant Gold Results in Concepcion del Oro Gold...
9/8/2011TRENCHING EXPANDS GOLD MINERALIZATION AT EL ÁLAMO CRM:030103...
6/1/2011Reports 54 Metres of 0.97 Grams Gold at El Alamo
5/4/2011GOLD MINERALIZATION AT EL ÁLAMO EXTENDED – TRENCHING INTERSE...
2/4/2009REPORTS UP TO 208 GM/TONNE GOLD OVER 0.5 METRES AT DOS SANTO...
10/24/2007ANNOUNCEMENT | LORNE SIVERTSON
10/11/2007EXPANDS TO MEXICO & HIRES VP EXPLORATION
10/2/2007starts 2400-metre drill program at Taseko Lake - press relea...
9/27/2007updates website: www.galoreresources.com
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