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Gentor Resources Inc.

11:41 AM EST - Gentor Resources Inc. : announced that the size of its proposed non-brokered private placement has been increased by 3,000,000 units, such that it now proposes to carry out a non-brokered private placement of up to 15,000,000 units of the Company at a price of $0.06 per Unit for proceeds to the Company of up to $900,000. Gentor Resources Inc. shares V.GNT are trading unchanged at $0.06.