Toronto: GRS / Frankfurt: GKF
KIRKLAND LAKE, ON, Jan. 8 /CNW/ - GLR Resources (TSX:GRS) announces that
The Toronto Stock Exchange is upholding its December 4, 2008 decision to
de-list the common shares of GLR Resources from trading. The common shares of
the Company will be de-listed from the TSX at the close of business on
Wednesday, January 7, 2009 for failure to meet the continued listing
requirements of The Toronto Stock Exchange.
The Company has approached the Canadian National Stock Exchange ("CSNX")
to list its shares on that exchange. Approval of this listing application will
be dependent upon GLR meeting the CNSX listing requirements.
About GLR Resources Inc.
GLR is a Canadian-based junior mining and exploration company focusing on
projects in North America with existing projects in Ontario, Quebec and
Saskatchewan. The Company's most advanced project is its Goldfields Project,
located near Uranium City in northern Saskatchewan. The Goldfields project
consists of two open-pitable Gold deposits - The Box and The Athona -
containing a resource in excess of one million ounces Gold. GLR Resources is
focused on bringing the Goldfields project into production.
For further information please see the company website at
Forward Looking Statements: This news release contains certain
forward-looking statements. These forward-looking statements are subject to a
variety of risks and uncertainties beyond GLR's ability to control or predict
which could cause actual events or results to differ materially from those
anticipated in such forward-looking statements. Although GLR believes that the
assumptions inherent in the forward-looking statements are reasonable, undue
reliance should not be placed on these forward-looking statements.
For further information:
For further information: Robert Kasner, President & CEO, T: (705)
567-5351, E: firstname.lastname@example.org; Malcolm Bucholtz, V.P. Investor Relations,
T: (306) 525-0852, E: email@example.com