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Post by Franko10 ™ on Feb 22, 2005 22:28:44 GMT -5
GOLDEN ARCH RESOURCES LTD. #928 – 470 Granville Street, Vancouver, BC V6C 1V5 Phone: (604) 681-8222 Fax: (604) 681-8282 www.goldenarchresources.com GAI: TSX Venture Exemption 12g3 - 2(b) GARCF: O.T.C SEC File # 82-659 1102004 NEWS RELEASE October 8, 2004. Golden Arch Resources Ltd. (the “Company”) is pleased to announce that it has received proceeds of $202,500 Cdn from the exercise of 1,350,000 share purchase warrants. The warrants entitled the holders to acquire common shares at a price of $0.15 per share on or before October 7, 2004. The Company appreciates the vote of confidence from its shareholders. 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 The TSX Venture Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof.
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