Galway Resources

Galway Resources is a mining company with several sizeable assets in different stages of exploration and development. The Company holds a significant land package in Colombia's California Gold Trend. The properties are located 1.1 kilometres south-west of Ventana's La Bodega project, and 3.0 kilometers from Greystar's Angostura project, and are along strike. Xstrata's Colombian coal subsidiary Prodeco, recently signed an agreement with Galway whereby they will fund the all drilling at the GALCA coal project. Drilling is expected to begin in October 2009

Galway picked up the gold property south of Ventana Gold Corp. (TSX:VEN). Ventana's been one of the hottest gold stocks around and that's brought a lot of attention to Galway

TORONTO, Sept. 29 /CNW/ - Galway Resources Ltd. announced that it has completed its previously announced private placement of 24,000,000 million units (the "Units") at a price of $0.50 per Unit for aggregate gross proceeds of $12,000,000. Each Unit is comprised of one common share and one-half of one common share purchase warrant (2 years, $0.75 per share).