TSX Venture Exchange
VANCOUVER, Feb. 22 /CNW/ - Global Minerals Ltd. (the "Company") is
pleased to announce that it has contracted AMC Consultants Pty. Ltd. ("AMC")
of Melbourne, Australia, to proceed with the preparation of a National
Instrument 43 101 compliant current resource estimate for its Strieborna Vein
Silver Project in Slovakia.
The Company also wishes to announce that, further to its news release
dated January 31, 2008, by mutual agreement, D&D Securities Company and Global
Minerals have agreed to cancel the letter of engagement between the companies.
Instead, in cooperation with D&D Securities, the Company will pursue interim
financing alternatives and revisit a brokered financing upon completion and
filing of the Strieborna Report.
About AMC Consultants Pty. Ltd.
AMC Consultants is a leading mining consultancy, focused exclusively on
the mining sector, with around eighty consultants in offices located in
Melbourne, Perth, Brisbane, Adelaide, United Kingdom and Vancouver. It has
prepared Qualified Person's Reports in accordance with National Instrument
43-101 reporting standards and is familiar with the requirements of the
relevant Canadian regulations.
Global Minerals is a Canadian-based company with focus on the
acquisition, exploration and development of mineral property interests.
This press release was prepared by George Heard, B. Sc., MBA, P. Eng., a
qualified person in accordance with National Instrument 43-101 Standards of
Disclosure for Mineral Projects.
Global Minerals Ltd.
George W. Heard
President and CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy of this release.
For further information:
For further information: about Global, visit www.cgmltd.com, or contact
investor relations, Derek Sutherland, at (778) 786-1531 or email