Balmoral Resources Ltd.

09:51 AM EST - Balmoral Resources Ltd. : Has arranged a $1.4-million non-brokered flow-through private placement. Under the terms of the Offering the Company has agreed to sell 6,086,957 flow-through common shares of the Company at a price of $0.23 per flow-through common share. Balmoral Resources Ltd. shares T.BAR are trading unchanged at $0.18.