Galore Resources Closes Financing

Galore Resources Inc. (TSX VENTURE:GRI) announces it has closed its non-brokered
private placement offering of CDN $404,900 announced on November 4, and December
8, 2011. The total number of securities issued in the financing consists of
2,699,334 flow through common shares priced at $0.15 per share.


The Company paid an 8% cash finder's fee to a finder in connection with $300,000
of the private placement.


All securities issued by the Company in connection with the private placement
are subject to a statutory hold period and may not be traded until April 16,
2012.


Proceeds of the financing will be used to carry out an extensive exploration
program on the Company's Taseko property in southwestern British Columbia. The
Company has contracted Geotech Ltd. of Aurora, Ontario to complete a ZTEM
airborne survey over key exploration targets on the property.


Galore Resources is a British Columbia-based exploration company that has
assembled a leading group of industry professionals to acquire and explore for
promising deposits with an emphasis on gold in Mexico and base metals in British
Columbia.


Michael W. Byrne, President

For progress updates and queries on Galore Resources Inc. (TSX VENTURE:GRI)
contact Erica C. Bearss via the contact information listed below.


"Explore. Drill. Discover"

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.