Galore Announces $1,000,000 Financing
VANCOUVER, BRITISH COLUMBIA, Jun 29, 2011 (MARKETWIRE via COMTEX) — Galore Resources Inc. announces a non-brokered private placement of up to 6.7 Million units at a price of $0.15 per unit with an overallotment option of an additional 15% or 1,000,000 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 two years from the date of closing of the financing.