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Post by Franko10 ™ on Feb 20, 2005 20:17:20 GMT -5
GOLDEN ARCH RESOURCES LTD. 8930 OAK STREET, VANCOUVER, BC V6P 4B7 (604) 266-9910 1-800-661-0091 Fax: (604)266-5000 E-mail: safeenv@direct.ca NEWS RELEASE Symbol: GAI (CDNX) Exemption 12g3 - 2(b) O.T.C. GARC-F SEC File # 82-659
January 2 , 2001 Silver Lynx Property- Private Placement Vancouver B.C. -Golden Arch Resources is negotiating an agreement with Cassidy Gold Corp. to participate in the exploration and development of Cassidy's Silver Lynx property, located approximately 20 kilometers west of Nelson B.C. Concurrently, the company has arranged a private placement totaling 2,000, 000 units to 2 investors at a price of $0.10. The $200,000 in funding raised will be used for working capital and exploration on the Silver Lynx Property. Both the private placement agreement and the property earn-in agreement are subject to acceptance by the Canadian Venture Exchange. For further information on this news release please contact Richard J. Watson 1-800-661-0091, On behalf of the Board of Directors of Golden Arch Resources Ltd. "Richard J. Watson" Director The Canadian Venture Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof.
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