Galore Resources Inc.

Galore Resources Inc.

July 25, 2012 13:38 ET

Galore Appoints New CEO

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 25, 2012) - Galore Resources Inc. (TSX VENTURE:GRI) announces the appointment of Mr. Michael McMillan as the Company's new Chief Executive Officer. Mr. McMillan has been an active member of Galore's Board of Directors since September 23, 2011 as well as a strong supporter and shareholder for a number of years.

Mr. McMillan has more than 30 years experience working with companies focused on marketing, sales and acquisitions of drilling equipment, as well as providing services to energy and mining companies in North and South America, Europe, Asia and Mexico.

Mr. McMillan graduated in 1978, with a Bachelors degree in Business Management from Texas Tech University. In 1998 he formed Equipment Marketing Solutions Inc. ("EMS"), specializing in brokering companies as ongoing concerns and providing asset liquidation services through private sale or public auction. In addition to EMS, Mr. McMillan founded J&M McMillan Properties Inc., which concentrates on the acquisition of land parcels and mineral properties.

Mr. McMillan has accepted the position of CEO in place of Mr. Ray Torresan who recently passed on. Mr. Torresan was the Company's CEO since it commenced trading on the TSX Venture Exchange in June 2006. Ray's experience, innovative thinking, charming personality and dedication to his work were integral in the establishment and successes of Galore. He is greatly missed by all members of the Galore team and anyone who had the luxury to work with him.

Michael W. Byrne, President, CFO and Director

Galore Resources is a British Columbia-based exploration company that has assembled a leading group of industry professionals to acquire and explore for promising deposits with an emphasis on gold in Mexico and base metals in British Columbia.

Explore. Drill. Discover.

Cautionary Note Regarding Forward-Looking Information: The Company expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at your own risk and without liability to the company. The information contained herein is not, and under no circumstances is to be construed as either a public or a private offer or solicitation to purchase securities in the capital stock of Galore Resources Inc. The reader is referred to his/her professional investment advisor regarding investment or related decisions respecting the securities of the company. No securities commission or similar regulatory authority has passed on the merits of or reviewed the information contained herein.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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