|April 07, 2011|
Company Continues to Trade on the CNSX Exchange
|April 7, 2011, Vancouver, BC -- (CNSX:ARO) Les Kjosness, President & CEO, announces that although the Company's shares have been delisted on the TSX Venture Exchange at the Company's request, its shares continue to trade on CNSX under the same symbol: ARO. We have been trading on that Exchange since February 8, 2011.|
Investors wishing to easily access our trading can visit our homepage at www.armadilloresources.com and use the link provided. Data and a list of online brokers are also available at www.cnsx.ca. Our news releases and trading also continue to be covered by Stockwatch at www.stockwatch.com.
As previously reported, we completed a private placement in March 2011, which was oversubscribed, with total funds raised by the Company at $2,058,899.95. On the property front, there is a considerable 2011 exploration program planned for the Amazon Basin projects in Brazil as well as at the Waverley-Tangier silver property near Revelstoke, BC. Les Kjosness will be meeting in Brazil mid-May with Regional Manager, Andre Klumb, and Consultant John Young to finalize the initial exploration program on the Amazon Basin and this will be released to shareholders once established.
On behalf of the Board,
President & Director
For further information:
Les Kjosness: 604-408-6500
Kirsti Mattson: 778-434-2241 Media/Corporate Communications
The CNSX has neither approved nor disapproved of this news release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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