Balmoral Completes $4.6 Million Flow Through Financing

Baloral Resources (OTC Other: BALMF; TSX-V: BAR) has closed a flow-through private placement in the amount of $4,617,250 through the issuance of 4,197,500 flow-through common shares at a price of $1.10.  Proceeds will be used to continue the exploration of the Company’s Canadian gold projects, including the Martiniere, Grasset, Fenelon and Detour East Projects, located along the Detour Gold Trend in the province of Quebec.

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