Alma resources ltd (fka alv:ca)

[Supergarvis]

Proposes to Amend Terms of Share Purchase Warrants

Alma Resources Ltd. ("Alma" or "the Company") announces that it will
make application to the TSX Venture Exchange for acceptance of the
repricing of up to 3,461,694 non-transferable share purchase warrants
originally issued in connection with a non-brokered private placement first
announced on April 3, 2006 and closed on August 16, 2006. The original
terms specified that each whole warrant was exercisable into one common
share at a price of $1.00 expiring on August 16, 2007. The Company will
amend the warrant exercise price from $1.00 per share to $0.70 per share
and amend the expiry date from August 16, 2007 to August 16, 2008. There
are no other proposed changes to these warrants.
About Alma Resources Ltd.
Alma Resources is an exciting, rapidly-growing organization dedicated
to pursuing and developing significant silver, gold and additional base
metal opportunities. Alma Resources is committed to the aggressive pursuit
of properties with high return-on-investment and maximizing the value of
assets through disciplined process of assessment, responsible acquisitions,
and intentions of taking acquired properties from exploration into
production.
ON BEHALF OF THE BOARD OF DIRECTORS
ALMA RESOURCES LTD.
Jag Bal
President & Director
For more information contact Jag Bal at 604.669.5778 x203.