GMR Global Mineral Resources Corp. - Share Exchange Agreement with GMR
Singapore
Wednesday September 17, 2014
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO - (September 17, 2014) GMR Global Mineral Resources Corp. (GXG
Markets: GMR) (the "Company") is pleased to announce that it has concluded the
special Shareholders Meeting (the "Meeting") held on Tuesday September 16, 2014
with shareholders agreeing to a share exchange with GMR Global Mineral
Resources Corporation Pte. Ltd. of Singapore
However, the shareholders have instructed the board of directors not to proceed
with the share exchange agreement until due diligence has been completed and
not to proceed if, upon the completion of due diligence, it is not in the best
interest of the company shareholders to proceed. The closing date will be
determined pending the completion of due diligence.
The share exchange agreement will exchange every 1.48 shares of GMR Global
Mineral Resources Corp. with 1 share of GMR Global Mineral Resources
Corporation Pte. Ltd. of Singapore. No capital gains or financial burdens for
the shareholders will arise from this transaction
For Further Information Contact:
Dr. Claus Wagner-Bartak,
President and CEO
GMR Global Mineral Resources Corp.
260 Queen's Quay West #3104
Toronto, Ontario M5J 2N3 Canada
T: 866 209-0451, 416 367-0006
F: 416 367-8334
E:info@globalmineralresources.com
About GMR Global Mineral Resources Corp.
GMR Global Mineral Resources Corp. (GXG Markets: GMR) is a Canadian-based
resource company that primarily focuses on past-producing gold and silver
mining properties that were not fully exploited due to old technology or weak
precious metal prices. For additional information on the Company and its
properties, please visit www.globalmineralresources.com.
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION
Certain statements above constitute forward-looking statements with respect to
GMR Global Mineral Resources Corp. and affiliated companies. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors that may cause the actual results, performance or achievements of
the companies to be materially different from any further results, performance
or achievements expressed or implied by such forward-looking statements.
__________________________________
Dr. Claus Wagner-Bartak, President and CEO
GMR Global Mineral Resources Corp.
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