GWM Galway Metals Inc

TORONTO, Jan. 2, 2013 /CNW/ - Galway Metals Inc. (TSX-V:GWM) ("Galway Metals") is pleased to announce that effective January 4, 2013, Galway Metals' common shares will become listed and commence trading on the TSX Venture Exchange (the "TSX-V") under the symbol "GWM".

As previously disclosed on December 20, 2012, Galway Metals received conditional approval to list its common shares on the TSX-V in connection with a plan of arrangement (the "Arrangement") among formerly listed Galway Resources Ltd. ("Galway Resources"), AUX Acquisition 2 S.àr.l, AUX Canada Acquisition 2 Inc., Galway Metals and Galway Gold Inc. that closed on December 20, 2012. Galway Metals is well capitalized with US$12 million cash and holds a 100% interest in the Victorio tungsten-molybdenum project in New Mexico formerly held by Galway Resources.

Further information concerning Galway Metals is available electronically under its profile at www.sedar.com.

Neither the TSX-V nor its regulation services provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements:

Certain statements contained in this release containing words like "believe", "intend", "may", "will", "expect", "would" and other similar expressions, are forward-looking statements that involve a number of risks and uncertainties. Statements in this release that are forward-looking statements are subject to various risks and uncertainties. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. Galway Metals does not assume the obligation to update any forward-looking statement, except as required by law.

SOURCE Galway Metals Inc