International Gold Resources Inc. ("IGR") (OTCBB:IGRU) is pleased to announce the commencement of its second round of financing. IGR closed its first round of private placement on March 31, 2006 after having raised $2,357,800 through the sale of 1,571,864 common shares (post share split). The second round of private placements; starting April 1, 2006 in which IGR plans to offer 2,860,000 shares at $1.75 per share, for a total of $5,005,000, if all the shares are sold. About International Gold Resources, Inc. The vision of International Gold Resources, Inc. (IGRU) is to secure, explore, and develop properties in Amapa State, Brazil. Our Brazilian mineral properties are comprised of approximately 210,000 hectares (520,000 acres) within the Brazilian Amapa belt, part of the Precambrian Guyana Shield. To date, over 50 million ounces of gold have been recovered in the Guyana Shield, the most prolific gold belt in South America. At this time, we are a junior mining firm, with both immediate and future production potential. The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
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