District Metals Corp.TSXV: DMX

Global Minerals Stock Option Grant

VANCOUVER, July 9 /CNW/ - Global Minerals Ltd. (CTG: TSX-V) (Frankfurt: DFP) (the "Company") announces that, in accordance with the Company's stock option plan, it has granted to certain of its employees and consultants incentive stock options to purchase up to an aggregate of 800,000 common shares exercisable on or before July 9, 2012 at a price of $0.41 per share.

Global Minerals Ltd. is a Canadian-based company with a focus on the acquisition, exploration and development of mineral property interests.

ON BEHALF OF THE BOARD

George W. Heard

President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this release.