GRI Galore Resources Inc

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 2,479,412 common shares at an exercise price
    of $0.27 per share, issued in connection with a non-brokered private
    placement completed in August 2009.



If accepted by the TSX Venture Exchange (the "Exchange"), the Company will
further extend the expiry date of the 2,479,412 share purchase warrants from
August 24, 2012 to August 24, 2013 (the "Extended Expiry Date"). The exercise
price of these warrants will remain at $0.27 per share.


If, at any time prior to the Extended Expiry Date of the 2,479,412 warrants, the
weighted average closing price of the Company's shares is $0.40 or greater for a
period of 10 consecutive trading days ("Premium Trading Days"), the Company will
impose a provision that the warrant holders will be given 30 days after the
tenth Premium Trading Day to exercise their warrants, otherwise the warrants
will expire on the 31st day.


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 McMillan, Chief Executive Officer

For more information on Galore Resources (TSX VENTURE:GRI) visit
www.galoreresources.com.


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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