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Post by Franko10 ™ on Oct 15, 2005 7:53:10 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 NEWS RELEASE May 24, 2005 - Vancouver, BC. Golden Arch Resources Ltd. is pleased to announce that, pursuant to the private placement approved December 19, 2003, it has extended the exercise period of the 2,000,000 warrants from 18 months to 2 years, to December 19, 2005, subject to regulatory approval. The exercise price will remain the same at $0.25 per share. Proceeds will be used for development of the Company’s Mildred Peak project in Pima County Arizona, and for corporate overhead. “Les Kjosness” President The TSX Venture Exchange assumes no responsibility for the accuracy of this Release and neither approves nor disapproves thereof.
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