Kilgore Minerals Ltd.
TSX VENTURE : KAU

Kilgore Minerals Ltd.

September 06, 2005 20:01 ET

Kilgore Minerals Reports Increase in Financing

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 6, 2005) -

NOT FOR US DISTRIBUTION OR DISTRIBUTION THROUGH US NEWS WIRE SERVICES

Kilgore Minerals Ltd. (TSX VENTURE:KAU) (shares issued: 11,918,395) reports that, further to its news release of August 31, 2005, the private placement of units to be conducted by PowerOne Capital Markets Limited on behalf of a syndicate of dealers including Haywood Securities Inc. and Bolder Investment Partners Ltd. has been over-subscribed. Subject to TSX Venture Exchange acceptance, the offering will be increased by $500,000, for gross proceeds of $2.5 million. The other terms of the financing remain unchanged.

Kilgore Minerals is a junior exploration company engaged in the acquisition, exploration and development of natural resource properties. The company holds interests in ten uranium properties and three gold properties, all of which are located in the United States.

ON BEHALF OF THE BOARD

Norman Burmeister, President & CEO


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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