Gallery Resources Limited Announces Non-Brokered Private Placement

From: CCNMatthews Newswire | Date: July 7, 2005 | Copyright information

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 7, 2005) - Gallery Resources Limited (the "Corporation") (TSX VENTURE:GYR) announced today a proposed non-brokered private placement of up to 15,000,000 units of the Corporation at a price of $0.06 per unit, for proceeds of up to $900,000. Each unit will consist of one common share or flow-through common share and a warrant to purchase an additional common share at an exercise price of $0.10 per share for a period of eighteen months from closin...

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