GALORE ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

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Vancouver, B.C., Galore Resources Inc. (TSX-V: GRI) reports the closing of its previously announced non-brokered private placement of units of the corporation (the “Units”) for gross proceeds of CDN$419,577.10 (the “Financing”). In connection with the closing of the Financing, Galore issued 8,391,542 Units at a price of $0.05 per Unit with each Unit comprising of one common share in the capital of the Company (the “Shares”) and one common share purchase warrant (the “Warrants”).

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