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December 14, 2004

AntOro Closes A Private Placement for $265,000

Montreal, December 14, 2004 – AntOro Resources Inc. is pleased to announce that it has completed a private placement of units of common and flow-through shares at a price of $1,000 per unit with Quebec and Ontario subscribers totalling $265,000. Each unit comprises 1,600 common shares and 6,400 flow-through shares at $0,125 per share; 800 common share warrants and 3,200 flow-through warrants at $0.15 per share purchased. Warrants are valid until June 30, 2006. The shares of this placement will be subject to transfer restrictions for a period of four months from the date of their subscription.

The net proceeds will be used for exploration and for the company’s working capital.

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