Glamis Resources Ltd.
TSX VENTURE : GLM.A
TSX VENTURE : GLM.B

Glamis Resources Ltd.

April 11, 2007 13:29 ET

Glamis Closes Previously Announced Flow-Through Financing

CALGARY, ALBERTA--(CCNMatthews - April 11, 2007) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR TO U.S PERSONS.

Glamis Resources Ltd. ("Glamis") (TSX VENTURE:GLM.A)(TSX VENTURE:GLM.B) is pleased to announce that it has closed its previously announced private placement of Class A Shares issued on a "flow-through" basis. Glamis raised gross proceeds of $2,614,500 through the issuance of 2,905,000 Class A Shares at a price of $0.90 per share. Acumen Capital Finance Partners Limited acted as lead agent for a syndicate which included GMP Securities L.P.

Proceeds from the offering will be used to incur qualifying expenditures to fund the Company's ongoing exploration drilling program in its core focus areas.

Glamis Resources Ltd. is a junior oil and gas company formed to generate and develop its own prospects, acquire oil and gas properties and participate with joint venture partners in oil and gas exploration and development in the Western Canadian Sedimentary Basin. Glamis' Class A Shares and Class B Shares trade on the TSX Venture Exchange under the symbols GLM.A and GLM.B. After the closing of this financing Glamis will have 15,105,000 Class A Shares and 922,500 Class B Shares outstanding.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this statement.

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