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Global Acquires Remaining 30% Interest in Global Minerals Slovakia s.r.o.

Mar. 28, 2011 (Canada NewsWire Group) -- VANCOUVER, March 28 /CNW/ - Global Minerals Ltd. (...

articleDistrict Metals Corp.March 28, 20114/company/district-metals-corp/news/global-acquires-remaining-30percent-interest-in-global-minerals-slovakia-sro
Global Acquires Remaining 30% Interest in Global Minerals Slovakia s.r.o.

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[{"type":"text","content":"\n\n\n Mar. 28, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, March 28 /CNW/ - Global Minerals Ltd. (TSX-V: CTG) is pleased to announce that it has acquired the remaining 30% interest\n in Global Minerals Slovakia s.r.o. from PIDECO CGF s.r.o. ("PIDECO"). \n Upon completion of the necessary share transfers in Slovakia, the\n Company will own 100% of the Strieborná Project in Slovakia.  No\n additional consideration is required to be provided by the Company to\n PIDECO as the parties have negotiated a new agreement, outside of the\n current joint venture agreement, for the transfer of PIDECO's interest\n for past consideration provided by the Company.\n\n\nThe Company is continuing its current 3,400 metre 12 hole drill program\n on the Strieborná Project to explore the near surface projection of the\n high-grade Strieborna polymetallic veins.\n\n\nNeither the TSX Venture Exchange nor the Investment Industry Regulatory\n Organization of Canada accepts responsibility for the adequacy or\n accuracy of this release.\n\n\nGlobal's Head Office: Suite 910, 475 Howe Street, Vancouver, BC  V6C 2B3\n\n\n\n\n\n For further information about Global, visit www.globalminerals.com, or contact: George Heard, CEO at 604.632.0085, [email protected]. \n\n","length":2518,"tagName":"div"}]

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