Galore Completes Shares FOR Debt Transaction
19141 STONE OAK PKWY. #104 | SAN ANTONIO, TEXAS | 78258
Tel: (210) 860-921| Fax: (604) 648-8894 / www.galoreresources.com
FOR IMMEDIATE RELEASE May 17, 2018
GALORE COMPLETES SHARES FOR DEBT TRANSACTION
Vancouver, BC: Galore Resources Inc. (TSX-V: GRI) (the “Company”) reports that further to its news
release of May 1, 2018 wherein it announced a share s for debt settlement with the owners of the
San Onesimo Property (the "Owners"), the Company ha s now received TSX Venture Exchange
acceptance to the transaction and issued to the Own ers 3,000,000 fully paid and non-assessable
common shares in the capital stock of the Company in full satisfaction of the debt. The San Onesimo
Property has been returned back to the Owners, relieving the Company from any further obligations,
option payments or taxes due.
The shares are subject to a statutory hold period which expires on September 18, 2018.
Again, we thank our many supportive stockholders. Our focus remains the same in our confident
approach to make Dos Santos a viable project.
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] .
Cautionary Statement
This document contains “forward-looking statements” within the meaning of applicable Canadian securities regulations. All
statements other than statements of historical fact herein, including, without limitation, statements regarding exploration
plans and other future plans and objectives, are fo rward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and future events and actual results could differ
materially from those anticipated in such statement s. Important factors that could cause actual resul ts to differ materially
from our expectations as well as a comprehensive li st of risk factors are disclosed in the Company’s d ocuments filed from
time to time via SEDAR with the Canadian regulatory agencies 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 forward-looking statements should conditions or our estimates chang e, other than as
required by law and readers are further advised not to place undue reliance 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.