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Global Minerals Announces $5,000,000 Private Placement
Published : June 21, 2011
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Mots clés associés :   Canada | Copper |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2011) - Global Minerals Ltd. (News - Market indicators)(FRANKFURT:DFP) is pleased to announce a non-brokered private placement financing to raise $5,000,000 through the issuance of 7,142,857 shares at a price of $0.70 per share. The shares once issued will be subject to a four month hold period. No commissions or finder's fees are payable in connection with the private placement.

The proceeds from the private placement will be used for exploration and development on its Strieborná property and working capital. The private placement is subject to regulatory approval.

About Strieborná

The Strieborná vein is a high-grade silver-copper-antimony deposit with a defined resource. The project is part of an historic mining district near the town of Roznava in eastern Slovakia. The current resource occurs within a mineralized structure 1.2 km long, 600 m deep and an average thickness of 3.4 m. The resource has been defined by previous drilling and a series of four horizontal underground drifts totaling 3,000 m. The mineralization is open in various directions along the vein structure. Other similar structures have been identified within the mining and exploration leases, and these will also be tested for metal potential in subsequent drill programs.

Besides the upside exploration potential and the high-grade nature of the polymetallic mineralization, the project has excellent infrastructure, including sufficient electrical power, railway access, paved highways and a work force experienced with underground operations. Underground access is available via old mine workings.

Global Minerals Ltd. is a Canadian exploration and development company focused on developing its high-grade silver, copper, antimony deposit in Slovakia. Global is 35% owned by Esperanza Resources Corp. (TSX VENTURE:EPZ) whose principles were previously familiar with the Strieborná Project and are now involved in supervising the technical programs and future development.

ON BEHALF OF THE BOARD

George W. Heard, President and CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Global Minerals Ltd.
Ms Lubica Parilakova
604 632 0085
lparilak@globalminerals.com
www.globalminerals.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Global Minerals Limited

EXPLORATEUR
CODE : CTG.V
ISIN : CA37947Y3014
CUSIP : 209283
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Global Minerals est une société développant des projet miniers d'argent basée au Canada.

Ses principaux projets en exploration sont RED LAKE, GOOD HOPE, QUARTER HORSE, JEN CLAIM BLOCK et GRANITE PEAK au Canada et STRIEBORNA en Slovaquie.

Global Minerals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,4 millions CA$ (1,0 millions US$, 942 416 €).

La valeur de son action a atteint son plus haut niveau récent le 08 avril 2011 à 6,70 CA$, et son plus bas niveau récent le 26 juin 2015 à 0,01 CA$.

Global Minerals possède 39 540 000 actions en circulation.

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Rapports annuels de Global Minerals Limited
2007 Annual Report
Financements de Global Minerals Limited
21/06/2011Announces $5,000,000 Private Placement
Nominations de Global Minerals Limited
31/05/2011Announces Management Appointments
Projets de Global Minerals Limited
18/09/2013(Strieborna)Reports Strieborna Resource Update
06/05/2013(Strieborna)Positive Underground Drill Results at Global's Strieborna Ve...
03/04/2013(Strieborna)s Strieborna Drill Results
20/01/2013(Strieborna)Positive Initial Underground Drill Results at Strieborna
22/10/2012(Strieborna)Commences Underground Drilling and Engineering Studies at St...
28/02/2011(Strieborna)ACQUIRES SURFACE LANDS AT STRIEBORNA PROJECT
24/02/2009(Strieborna)Outlines Continued Progress At Strieborna
23/06/2008(Front Range)ships 7 truckloads of concentrate
22/04/2008(Strieborna)N 43-101 technical report
Communiqués de Presse de Global Minerals Limited
17/04/2015Global Minerals divests and rights down the Strieborná Silve...
17/04/2015IIROC Trading Resumption - CTG
17/04/2015IIROC Trading Halt - CTG
06/06/2013(Strieborna)Reports Strieborna Drill Results; Confirms High-Grade Zone a...
12/03/2013Secures Tailings Facility and Local Cooperation Agreement
30/03/2011Acquires Remaining 30% Interest in Global Minerals Slovakia ...
17/07/2009Guidance on Cancer Drug Testing Timetable
04/09/2008Completes $2 Million Loan Financing with Investec Bank (UK) ...
18/08/2008Completes First Drawdown in $2 Million Loan Financing
10/07/2008Arranges $2 Million Loan Financing
09/07/2008arranges $2-million (U.S.) loan
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