Galore Resources Inc.

Galore Resources Inc.

August 28, 2012 16:00 ET

Galore Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 28, 2012) - Galore Resources Inc. (TSX VENTURE:GRI) (the "Company"). Further to its news release of August 9, 2012, wherein the Company announced a proposal to apply to further extend the expiry date of share purchase warrants (originally issued in connection with a non-brokered private placement completed in August, 2009, to purchase up to 2,479,412 common shares), the Company has now determined that it will not be proceeding with the extension.

The Company also announces that Mr. Allan Fabbro has tendered his resignation from the Company's Board of Directors due to increasing commitments with other business endeavors. The Company and its Board wish to thank Mr. Fabbro for his input and participation during his term as a director. Mr. Fabbro will continue to assist Galore on the Company's Advisory Board.

Galore Resources is a British Columbia-based exploration company focused on the acquisition and exploration for promising deposits in Mexico and British Columbia.

Michael McMillan, Chief Executive Officer

For progress updates and queries on Galore Resources Inc. (TSX VENTURE:GRI) visit

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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