Global Minerals is pleased to announce that mine dewatering and rehabilitation has now reached the strategically important "Level 6", located approximately 180 meters below surface. This will allow the Company to re-establish underground drill stations, begin bulk metallurgical sampling and ultimately prepare the deposit for mining. The underground [...]
Global Minerals is pleased to announce that the dewatering and underground development activities at its Strieborna high grade Silver project in Slovakia have accelerated since late-2011. The water level is now 140 meters below surface and on track to reach Level 6 (180 m below surface) by early summer. That will allow underground drilling and [...]
Global Minerals is pleased to announce that, further to its news releases of February 24, 2012, February 27, 2012 and March 20, 2012, it has closed its non-brokered private placement of 27,777,556 units at a price of $0.45 per Unit for gross proceeds of $12,499,900.20. Each Unit consists of one common share of the Company and one transferable [...]
The following press release replaces that which was disseminated on March 20, 2012 at 6:12 PM ET. The dollar amount in the second paragraph ($10,222,000) has been revised to $6,499,900 (14,444,222 units).
Global Minerals is pleased to announce that, due to high demand, it has further increased the size of its previously announced non-brokered private placement. The Company now intends to issue up to an aggregate of approximately 27,777,556 million units at a price of $0.45 per Unit to raise gross proceeds of $12,499,900.
Global Minerals is pleased to announce that, due to high demand, it has increased the size of its previously announced non-brokered private placement. The Company now intends to issue up to an aggregate of approximately 25,555,555 million units at a price of $0.45 per Unit to raise gross proceeds of $11.5 million.
