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Galore Makes Changes to Management
Published : November 13, 2012
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 13, 2012) - Galore Resources Inc. (News - Market indicators) is pleased to announce the appointment of Mr. Uwe Schmidt, P. Geo. as President of the Company. Mr. Schmidt was originally Galore's VP of Exploration from 2006, shortly before Galore began trading on the TSX-V, initially focusing on the development of the Company's Taseko Property and then on to expanding exploration into Mexico until July 2011. His exploration experience since graduation from U.B.C. in 1971, with a B.Sc. degree in Geology, has included base and precious metals and industrial minerals in Canada, Mexico and Peru. Mr. Schmidt is a professional geologist registered with the Association of Professional Engineers and Geoscientists of B.C.

Mr. Michael Byrne, the Company's former President, will continue as the Company's Chief Financial Officer and as a Director. Mr. Bill Coulter has retired as the Company's Chairman and as a Director, but will continue to assist the Company in an advisory capacity.

Mr. Uwe Schmidt will be assuming the duties as the Company's VP of Exploration and as the Company's Qualified Person. The Company no longer will be using the services of Mr. Terry Brown. Additionally, the Company has concluded its contract with Ms. Erica Bearss and no longer will she be the Company's VP Corporate Communications. All future shareholder communications will be handled by Ms. Amanda Fales, Manager Corporate Affairs. We thank Messrs. Coulter, Brown and Ms. Bearss for their service to the Company.

Galore currently is reviewing bids to perform a ZTEM Survey on the northern area of its 100% owned Dos Santos project, in Mexico, most notably the El Alamo target, and bids to perform a Gravity Gradiometry flyover on the southern 2/3rd of the project which includes the La Palma target. Further, the Company is compiling a data package on its 90% owned Taseko Property in BC, with a plan to seek potential partners on the project.

The Company has reduced monthly expenditures by over 60%. "Going forward we feel we have a much leaner Company with a superior depth of commitment and expertise. We have the knowledge and people necessary to execute our growth initiatives. We thank our many stockholders and investors for staying the course and we welcome new ones. We are excited about the future of Galore Resources Inc.," states Michael McMillan, the Company's Chief Executive Officer.

Galore Resources is a B.C. based public exploration company focused on exploring its promising wholly owned, gold-silver project in Mexico and its copper-gold project in British Columbia.

Mr. Michael McMillan, Chief Executive Officer

Explore. Drill. Discover.

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.
Mr. Michael McMillan
Chief Executive Officer
604-647-2298 or Toll Free: 1-877-647-2298
604-647-0086 (FAX)
info@galoreresources.com
www.galoreresources.com
Companies Mentionned : Aura Minerals | Industrial Minerals | Metals X | Santos | Southern | Taseko |
Data and Statistics for these countries : Canada | Mexico | Peru | All
Gold and Silver Prices for these countries : Canada | Mexico | Peru | All

Galore Resources inc.

EXPLORATION STAGE
CODE : GRI.V
ISIN : CA3640961072
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Galore Res. is an exploration silver and gold 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$ 2.4 millions as of today (US$ 1.8 millions, € 1.6 millions).

Its stock quote reached its highest recent level on December 28, 2007 at CA$ 0.63, and its lowest recent point on June 17, 2016 at CA$ 0.01.

Galore Res. has 95 918 717 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
12/17/2012Announces Up to $100,000 Financing
10/19/2012Warrant Extension Accepted
10/9/2012Proposes to Extend Warrants
5/30/2012Closes Private Placement
5/2/2012ANNOUNCES $750=2C000 FINANCING
10/24/2009Private Placement
9/24/2009Closes $451,250 Private Placement
1/31/2008ANNOUNCES UP TO A $500,000 PRIVATE PLACEMENT FINANCING
Nominations of Galore Resources inc.
2/15/2013Appoints a New Chairman and New Director
4/17/2012Appoints Al Fabbro and Charles Troup As Directors
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
12/8/2009(Dos Santos)Expands Dos Santos claims
12/3/2009(Dos Santos)Dos Santos drill results
12/17/2008(Dos Santos)Dos Santos Project reports up to 30.59 grams/tonne gold over...
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
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...
11/2/2011(Dos Santos)commence drill program on Dos Santos CRM:030115009
5/4/2011GOLD MINERALIZATION AT EL ÁLAMO EXTENDED – TRENCHING INTERSE...
12/9/2010=?us-ascii?Q? CRM:030076277?=
9/22/2010CLOSES A $2,050,000 FINANCING CRM:030064023?=
10/15/2008REPORTS 294 METRES OF 0.230% COPPER EQUIVALENT AT TASEKO CRM...
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