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GLM.B Glamis Res Ltd

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Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Glamis Res Ltd TSXV:GLM.B TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Glamis Completes Rights Offering

08/09/2009 8:47pm

Marketwired Canada


NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAW.


Glamis Resources Ltd. ("Glamis") (TSX VENTURE:GLM.A) (TSX VENTURE:GLM.B) is
pleased to announce the completion of its previously announced rights offering.
Under the rights offering, Class A shareholders subscribed for and purchased an
aggregate of 6.2 million Class A Shares at a price of $0.38 each resulting in
gross proceeds to Glamis of approximately $2.4 million.


Glamis Resources Ltd. is a uniquely positioned, well-capitalized junior oil and
gas company with a proven management team committed to aggressive,
cost-effective growth of light oil reserves and production in Saskatchewan and
Manitoba. Glamis' Class A Shares and Class B Shares trade on the TSX Venture
Exchange under the symbols GLM.A and GLM.B, respectively.


This press release shall not constitute an offer to sell, nor the solicitation
of an offer to buy, any securities in the United States, nor shall there be any
sale of securities mentioned in this press release in any state in the United
States in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.


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