Galore Announces a Non-Brokered Private Placement
GRI : TSX-V
Mailing Address: 19141 Stone Oak Pkwy #104 | San Antonio, TX, USA | 78258 | Tel: (210) 860-9212 | Fax: (604) 648-8894
www.galoreresources.com
FOR IMMEDIATE RELEASE September 5, 2018
GALORE ANNOUNCES A NON-BROKERED PRIVATE PLACEMENT
Vancouver, B.C., Galore Resources Inc. (TSX-V: GRI) is pleased to announce that it will
begin a non-brokered private placement to raise gro ss proceeds of up to CDN $500,000 (the
“Offering”). The private placement will consist of up to 10,000,000 units at a price of $0.05 per
unit (the “Units”), with each Unit consisting of on e common share and one share purchase
warrant (a “Warrant”). Each warrant will be exerci sable into one additional common share at a
price of $0.08 per share for a period of five years from the date of closing of the financing.
In connection with the private placement the Compan y may pay a finder’s fee in securities of the
Company, as permitted by the policies of the TSX Venture Exchange.
The proceeds of the offering will be used to commen ce drilling the El Alamo claim and for
general working capital. The securities issued pursuant to this Offering wil l be subject to a
hold period under applicable securities laws, which will expire four months plus one day
from the date of closing of the Offering. Closing of the Offering is subject to receipt of all
necessary corporate and regulatory approvals, inclu ding approval of the TSX Venture
Exchange.
Anyone interested in participating in the Offering is asked to please contact Mike McMillan,
CEO @ (210) 860-9212 (USA) or by email to: [email protected] in order to receive
subscription documentation and instructions. The C ompany expects to close the financing over
the course of the next couple of weeks. .
We thank our many stockholders for their continued support and we look forward to directing this
Company to the future success we have all awaited.
ON BEHALF OF THE BOARD
“Michael McMillan”
President and CEO
To find out more about Galore Resources (TSX.V:GRI) please contact:
Mike McMillan at (210) 860-9212 (USA)
Please visit our website at www.galoreresources.com or contact us at [email protected] .
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Cautionary Statement
This document contains “forward-looking statements” within the meaning of applicable Canadian securiti es
regulations. All statements other than statements of historical fact herein, including, without limit ation,
statements regarding exploration plans and other fu ture plans and objectives, are forward-looking
statements that involve various risks and uncertain ties. There can be no assurance that such statemen ts will
prove to be accurate and future events and actual r esults could differ materially from those anticipat ed in
such statements. Important factors that could caus e actual results to differ materially from our expe ctations
as well as a comprehensive list of risk factors are disclosed in the Company’s documents filed from ti me to
time via SEDAR with the Canadian regulatory agencie s to whose policies we are bound. Forward-looking
statements are based on the estimates and opinions of management on the date the statements are made, and
we do not undertake any obligation to update forwar d-looking statements should conditions or our
estimates change, other than as required by law and readers are further advised not to place undue rel iance
on forward-looking statements.
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.