Galore Proposes to Extend Warrants
February 28 2012 - 10:00AM
Marketwired Canada
Galore Resources Inc. (TSX VENTURE:GRI) (the "Company") proposes to extend by
one (1) year the expiry date of the following share purchase warrants:
-- Warrants to purchase up to 7,506,667 common shares at an exercise price
of $0.25 per share until March 15, 2013, issued in connection with a
non-brokered private placement completed in March 2010.
If accepted by the TSX Venture Exchange (the "Exchange"), the Company will
extend the expiry date of the 7,506,667 share purchase warrants to March 15,
2013.
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 Canada.
Michael W. 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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