GLR Galileo Resources Plc

 
TIDMGLR 
 
For immediate release 
 
                                                      8.00am on 28September2011 
 
                         Galileo Resources Plc"Galileo" 
 
                         First Day of Dealings on AIM 
 
The Company is pleased to announce that, with effect from 7.30am this morning, 
the Company's Ordinary Shares have been admitted to trading on AIM. 
 
The issued share capital is 70,700,040 Ordinary Shares of 5p each. The 
Company's website is www.galileoresources.com. 
 
Colin Bird, Chairman and CEO commented; 
 
"Galileo Resources Plc is a South African based company with diverse assets in 
the Cape and North West Province of South Africa. The flagship property is 
Glenover Phosphate (Pty) Ltd. which has a history of Phosphate production but 
is known to contain Rare Earths (REE). The REE discovered to date are contained 
in Phosphate stockpiles which in themselves represent a mining de-risk 
proposition. The company will undertake test work to design the optimum flow 
sheet for the recovery of a REE oxide concentrate. Significant potential exists 
for exploration of the various mineral types to expand the size of the 
operation and to this end an exploration rig is on site and airborne 
geophysical work has been undertaken. 
 
Galileo Resources Plc also has an option to participate in the operation and 
benefits of a quarry which is located close to major infrastructure projects in 
North East Cape. In addition to this we have a number of well situated 
exploration targets in the Iron Ore and Manganese regions in South Africa. 
 
We have an excellent Board and Management Team who have strong commercial, 
technical and operating experience in South Africa". 
 
ENDS 
 
For further information, please contact:      Tel +44 (0) 207 581 4477 
 
Colin Bird 
 
Chairman & CEO 
 
Richard Wollenberg,                           Tel +44 (0) 1784 437 444 
 
Non-Executive Director 
 
Beaumont Cornish Limited, Nominated Advisor   Tel +44 (0) 20 7628 3396 
and Broker 
 
Roland Cornish 
 
James Biddle 
 
 
 
END 
 

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