VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/04/12 — Galore Resources Inc. (TSX VENTURE: GRI) announces that Michael W. Byrne Ltd., a company wholly owned by Michael Byrne, the President, CFO and a director of the Company, has sold a total of 539,000 common shares of Galore at a price of $0.10 per share on May 3, 2012 to clients of the TSX Venture. Mr. Byrne will be using the funds from this sale to subscribe for units of Galore pursuant to the proposed non-brokered private placement announced in Galore-s news release dated May 2, 2012.
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. For detailed information, please visit our website at .
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.
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.
Contacts: Galore Resources Inc. Erica C Bearss, MBA Vice President Corporate Communications 604-647-2298 or Toll Free: 1-877-647-2298 604-647-0086 (FAX)
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