Brian E. Bayley

May 18, 2006 11:10 ET

Brian E. Bayley Acquires Shares

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 18, 2006) - Brian E. Bayley ("Bayley") reports that he acquired 887,500 units (the "Units") of GTO Resources Inc. (the "Company") (NEX BOARD:GTR.H) pursuant the previously announced private placement. Each unit consists of one common share and one share purchase warrant to purchase one common share of the Company at the price of $0.26 each until March 8, 2007. The 887,500 common shares represent approximately 17.65% of the issued and outstanding shares of the Company. Bayley acquired the shares and warrants for investment purposes.

Contact Information

  • Brian E. Bayley
    (604) 689-1428