Galore Appoints Mr. Michael McMillan as Director
September 23 2011 - 9:48AM
Marketwired Canada
Galore Resources Inc. (TSX VENTURE:GRI) is pleased to announce the appointment
of Mr. Michael McMillan to the Company's Board of Directors. Mr. McMillan has
more than 30 years of experience working with companies focused on marketing,
sales and acquisitions of drilling equipment, as well as providing services to
energy and mining companies in North and South America, Europe, Asia and Mexico.
Mr. McMillan graduated in 1978, with a Bachelors degree in Business Management
from Texas Tech University. In 1998, Mr. McMillan formed Equipment Marketing
Solutions Inc. (EMS). EMS specializes in brokering companies as ongoing concerns
and provides asset liquidation services through private sale or public option.
In 2006 EMS's annual sales were in excess of $54 million USD. In addition to
EMS, in 2005 he founded J&M McMillan Properties Inc., which concentrates on the
acquisition of land parcels and mineral properties.
"Mr. McMillan has been a strong supporter of Galore for a number of years and we
are eager to add his business knowledge, expertise and connections related to
drilling equipment and services, property acquisitions and business management
strategies to our Board," states Michael Byrne, President of Galore.
In addition to bringing Mr. McMillan on board, the company is issuing 900,000
options at $0.15 to directors, officers and employees. The options will be
exercisable for 5 years from date of grant.
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.
Galore's 15,960 hectare Dos Santos project is located in the historic Concepcion
del Oro district of Zacatecas State, Mexico. The Dos Santos property is host to
several promising gold targets, adjoins Goldcorp's Camino Rojo Gold discovery
and is 35 kilometers southeast of Goldcorp's massive Penasquito mine. Galore
recently announced promising gold results identified in an exploration program
announced on June 1, 2011 and the company has confirmed El Alamo as its main
target for this next phase of exploration. For detailed information, please
visit our website at www.galoreresources.com.
Michael Byrne, 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.
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