|March 25, 2009|
Armadillo Closes Qualifying Transaction And Private Placement Financing - And Undergoes Change Of Control
|March 25, 2009 -- Vancouver, B.C. Armadillo Resources Ltd. (TSX.V: ARO) has received the final approvals from the TSX Venture Exchange and has closed its Qualifying Transaction -- being the acquisition of an option to earn a 60% (with the right to increase to 70%) interest in the Waverley-Tangier mineral property located near Revelstoke, B.C. Details and terms of the Agreement and the property are contained in the Company's news release dated January 27, 2009.|
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