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Galore Announces Up to $100,000 Financing
Published : December 17, 2012
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Keywords :   G Mexico | Gold | Market | Mexico |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 17, 2012) - Galore Resources Inc. (News - Market indicators) announces a non-brokered private placement of up to 1,000,000 units at a price of $0.10 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will be exercisable into one additional common share at a price of $0.20 per share for a period of one year from the date of closing of the financing.

The proceeds of the offering will be used for a further exploration on the Company's gold projects in Mexico, and for general working capital. The private placement is subject to acceptance by the TSX Venture Exchange.

Uwe Schmidt, President

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 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.
Amanda Fales
Manager of Corporate Affairs
604-647-2298 or Toll Free: 1-877-647-2298
604-647-0086 (FAX)
afales@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 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$ 1.4 millions as of today (US$ 1.1 millions, € 985 066).

Its stock quote reached its highest recent level on December 28, 2007 at CA$ 0.63, and its lowest recent point on April 01, 2016 at CA$ 0.01.

Galore Res. has 95 920 000 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
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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