Microsoft Word - GSC Announcement May 26 2016
Global Geoscience
NEWS RELEASE DATE: 26th May 2016 ASX Code: GSC
CORPORATE UPDATE
Global Geoscience Ltd
ABN 76 098 564 606
ASX Code: GSC
Key Projects
Tokop Au (100%, Nevada)
Towers Mt, Cu-Mo (100%, Arizona)
Lone Mt Au, Ag-Pb-Zn (option for 100%, Nevada)
Sara Sara Cu-Mo-Ag (100%, Peru)
Mancha Pampa Cu-Au (100%, Peru)
Board of Directors
Bernard Rowe Managing Director
Barnaby Egerton-Warburton Non-Executive Director
Gabriel Chiappini
Non-Executive Director
Patrick Elliott
Non-Executive Director
Registered Office
Suite 203, 161 Walker Street North Sydney NSW 2060 AUSTRALIA
T: +61 2 9922 5800
Contacts
Global Geoscience Limited Bernard Rowe
T: +61 4 1944 7280
[email protected]
Global Geoscience Limited ("GSC" or the "Company") wishes to advise that it has elected not to exercise the Company's option to acquire global logistics management software platform, GetSwift.
The option was granted following the execution of a binding term sheet with the major shareholders of Distributed Logistics Group Pty Ltd ("Distributed Logistics") as previously announced on the 12th of April 2016.
The Company will now return its focus to developing its 100% owned mineral exploration projects in Nevada and Arizona, USA and pursuing further opportunities to complement its existing portfolio of projects.
Cygnet Capital Pty Limited Darien Jagger
T: +61 8 9226 5511
[email protected]
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