BALTIC RESOURCES INC.
TSX VENTURE : BLR

BALTIC RESOURCES INC.

July 27, 2005 12:43 ET

Baltic Resources Inc. Announces Completion of The Acquisitions of The Coral Rapids and Hawkins Properties

TORONTO, ONTARIO--(CCNMatthews - July 27, 2005) - Baltic Resources Inc. (the "Company") (TSX VENTURE:BLR) is pleased to announce that it has completed its acquisition from Donald McKinnon of the two mining properties (the "Properties") located in the mining districts of Sault Ste. Marie, Ontario and Porcupine, Ontario, as previously disclosed in the Company's news releases dated January 20, March 24 and June 1, 2005. The Company has issued an aggregate of 2,236,232 common shares in connection with the acquisition of the Properties, which are subject to a four month hold period which expires on November 28, 2005.

Contact Information

  • Baltic Resources Inc.
    Donald D. McKinnon
    President and Chief Executive Officer
    705.268.8822