Balmoral Resources Ltd. (TSX VENTURE:BAR)(OTCQX:BALMF) is pleased to announce that it has received conditional approval for the listing of the Company’s common shares on the Toronto Stock Exchange. The approval is conditional on the Company fulfilling a series of standard requirements. The common shares of Balmoral will commence trading on the TSX once final approval has been received. Upon listing on the TSX, the common shares of the Company will continue to trade under the symbol “BAR”.
 

“Balmoral’s graduation to the senior Canadian exchange, and the premier global stock exchange for resource focused companies, represents a significant milestone in the Company’s evolution,” said Darin Wagner, President and CEO. “A TSX listing will further raise Balmoral’s profile, providing simpler and more comprehensive access to a broader range of international/institutional investors and capital pools at a time when retail, institutional and corporate investors are looking for expanding, higher grade gold assets like those under exploration by Balmoral in Quebec, Canada.”
 

Balmoral will issue a further news release once final TSX approval has been obtained and a date for commencement of trading on the TSX has been confirmed. Once the Company has received final approval from the TSX it will apply for voluntary delisting of its shares from the TSX Venture Exchange. Balmoral will continue to trade in the United States of America, on the OTCQX, under the symbol “BALMF”.
 

About Balmoral Resources Ltd.
 

Balmoral is a Canadian-based precious metal exploration and development company focused on high-grade gold discoveries along the Detour Gold Trend in Quebec, Canada. With a philosophy of creating value through the drill bit and with a focus on proven productive precious metal belts, Balmoral is following an established formula with a goal of maximizing shareholder value through discovery and definition of high-grade, Canadian gold assets.