Galway Resources Agreement

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http://www.galwayresources.com/s/NewsReleases.asp?ReportID=305518&_Type=News-Releases&_Title=Galway-Resources-Engages-John-Tumazos-To-Commercialize-The-Victorio-Project

June 3, 2008 -- Toronto, ON: June 3, 2008 - Galway Resources Ltd. (GWY: TSX-V) is pleased to announce the engagement of the strategic services of John Tumazos Very Independent Opinion LLC (the investment banking arm), a firm founded by Mr. John Tumazos, a key advisor to over 30 key sophisticated resource funds, to help advance the development of the Victorio Project. The Victorio Project is a molybdenum-tungsten project located in southwestern New Mexico, on which recently a positive Scoping Study performed by SRK Consulting was recently reported.

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John Tumazos Very independent Opinions, LLC
11 Yellowbrook Rd. Holmdel, NJ 07733
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Internet: joe@veryindependentopinions.com

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Last modified: 03/24/09