Owner
Post by Franko10 ™ on Feb 22, 2005 20:29:16 GMT -5
GOLDEN ARCH RESOURCES LTD.
#928 – 470 Granville Street, Vancouver, BC V6C 1V5
Phone: (604) 681-8222 Fax: (604) 681-8282
Exemption 12g3 - 2(b)
SEC File # 82-659
GAI: TSX Venture
GARCF: O.T.C
NEWS RELEASE
#928 – 470 Granville Street, Vancouver, BC V6C 1V5
Phone: (604) 681-8222 Fax: (604) 681-8282
Exemption 12g3 - 2(b)
SEC File # 82-659
GAI: TSX Venture
GARCF: O.T.C
NEWS RELEASE
May 21, 2003 – Golden Arch Resources Ltd. (the “Company”) is pleased to announce that it has received proceeds of $200,000 Cdn from the exercise of 2,000,000 share purchase warrants. The warrants entitled the holders to acquire one common share at a price $0.10 per share on or before May 21, 2003. The Company appreciates the vote of confidence from its investors. The funds further strengthen the Company’s cash position and will be used for development of the Company’s Mildred Peak project in Pima County, Arizona and for corporate overhead.
On behalf of the Board of Directors of Golden Arch Resources Ltd.
“Les Kjosness”<br>President
