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Baltic Resources Inc. Announces Completion of The Acquisitions of The Coral Rapids and Hawkins Properties.


TORONTO -- Baltic Resources Inc. (the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:BLR BLR Belarus
BLR Business & Legal Reports
BLR Boiler
BLR Broad-Line Region
BLR Base Lending Rate
BLR Binary Language Representation
BLR Bintan Lagoon Resort (Indonesia)
BLR Bangalore, India - Hindustan
) is pleased to announce that it has completed its acquisition from Donald McKinnon of the two mining properties (the "Properties") located in the mining districts of Sault Ste. Marie, Ontario For the city of Sault Ste. Marie in Michigan, or the Canadian federal and provincial electoral districts of the same name, see: Sault Ste. Marie.

Sault Ste. Marie (nicknamed "the Sault" or "the Soo") is a city on the St. Marys River in Ontario, Canada.
 and Porcupine, Ontario Porcupine is a community in the city of Timmins, Ontario, Canada. Situated at the eastern end of Porcupine Lake, just northeast of the community of South Porcupine, the community represents the easternmost part of the city's urban core. , as previously disclosed in the Company's news releases dated January 20, March 24 and June 1, 2005. The Company has issued an aggregate of 2,236,232 common shares in connection with the acquisition of the Properties, which are subject to a four month hold period which expires on November 28, 2005.

Baltic Resources Inc. (TSX VENTURE:BLR)
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Jul 27, 2005
Words:100
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