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Galore Announces $750,000 Financing

May 02, 2012

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 2, 2012) - Galore Resources Inc. (TSX VENTURE:GRI) announces a non-brokered private placement of up to 7.5 Million units at a price of $0.10 per unit with an overallotment option of an additional 15% or 1,125,000 units. Each unit (a "Unit") will consist of one common share and one share purchase warrant. Each warrant will be exercisable into one additional common share at a price of $0.20 per share for a period of eighteen months from the date of closing of the financing.

http://www.marketwire.com/mw/release.do?id=1651785&sourceType=3
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