GLR To Receive Shares Of Uranium City Resources.KIRKLAND, Lake Ontario -- GLR GLR Great Lakes Region GLR Global Learning Resources, Inc (Fremont, CA) GLR Greater London Radio GLR Generalized Likelihood Ratio GLR Glare GLR Gaylord, Michigan (Airport Code) Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :GRS GRS Graduate School (universities) GRS Great Red Spot (feature of Jupiter) GRS Gender Reassignment Surgery GRS Gamma Ray Spectrometer GRS Graduation Rate Survey GRS General Records Schedules ) ("GLR") in conjunction with its new uranium exploration subsidiary, Uranium City Resources Inc. ("UCR (Under Color Removal) A method for reducing the amount of printing ink used. It substitutes black for gray color (equal amounts of cyan, magenta and yellow). Thus black ink is used instead of the three CMY inks. See GCR and dot gain. ") ( see news release of November 10, 2004) is pleased to report that all UCR shares received by GLR for the exchange of GLR's uranium assets within its Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. Property, Beaverlodge area Saskatchewan, will be distributed to shareholders of GLR. GLR currently has 29,676,435 shares issued and outstanding and under the proposed financing plans, GLR will distribute 100% (12,000,000) shares of UCR to its shareholders. Northern Securities Inc. is completing a 5 million dollar special warrant financing for UCR consisting of 2 million dollars non f low through shares priced at $0.50 per share and 3 million dollars flow through shares priced at $0.65 per share. In addition to the initial property transaction between GLR and UCR, the companies have acquired by staking, an additional several thousand hectares in the Uranium City area and along the north rim of the Athabasca basin. "GLR" is a Canadian Based Exploration Company with several gold, base metal and Platinum group metal properties within its portfolio with the most advanced being the 100% owned Goldfields Project consisting of two open pittable gold deposits. The Company currently has 21.7 million shares issued and outstanding. Please visit our website for details on all the Company's properties and activities or please go to www.smartstox.com/interviews/grs.html to listen to an interview with David Leng, B.Geol. (Hons), VP Corporate & Investor Relations. Disclaimer: certain matters discussed in this document may contain forward-looking statements within the meaning of the Private Securities Litigation reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 GLR Resources Inc. (TSX:GRS) |
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