Colt Resources Inc. (TSXV: GTP) (FRA: P01) (OTCPINK: COLTF) has completed a private placement and raised a total amount of $2 million. The proceeds of the Offering will be applied towards bankable feasible study related work on the Company’s Tabuaco tungsten project as well as for general working capital purposes. As placement agent, CM-Equity has successfully supported the Company in completing this financing round.

About Colt Resources Inc.

Colt Resources Inc. (www.coltresources.com) is a Canadian mining exploration and development company engaged in acquiring, exploring, and developing mineral properties with an emphasis on gold and tungsten. It is currently focused on advanced stage exploration projects in Portugal, where it is one of the largest lease holders of mineral concessions.