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GBGD: TO ACQUIRE 100% OF TUKHMANUK MINE IN ARMENIA
Knobias.com
August 2, 2006 Wednesday 4:45 PM Eastern Time
Global Gold Corporation (GBGD) announced the planned acquisition of
the remaining 49% of Mego-Gold, LLC, the company holding the licenses
to the Tukhmanuk mine and exploration areas in Armenia. According
to the August 1, 2005 acquisition agreement, Global Gold Mining,
LLC acquired a 51% interest for $1.5 million and was to pay another
$2 million by August 1, 2007; the agreement, amended as of July 19,
2006, allows for the acquisition of the remaining 49% in exchange
for $1 million and 500,000 shares of Global Gold Corporation's stock.
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providing a comprehensive database of fundamental research information.
Knobias.com, LLC 601-978-3399 601-978-3675 [email protected]
www.knobias.com/cmtx
Knobias.com
August 2, 2006 Wednesday 4:45 PM Eastern Time
Global Gold Corporation (GBGD) announced the planned acquisition of
the remaining 49% of Mego-Gold, LLC, the company holding the licenses
to the Tukhmanuk mine and exploration areas in Armenia. According
to the August 1, 2005 acquisition agreement, Global Gold Mining,
LLC acquired a 51% interest for $1.5 million and was to pay another
$2 million by August 1, 2007; the agreement, amended as of July 19,
2006, allows for the acquisition of the remaining 49% in exchange
for $1 million and 500,000 shares of Global Gold Corporation's stock.
GET KNOBIAS IN REAL-TIME: Delivery of this proprietary Knobias alert
has been delayed by at least 10 minutes. To get all Knobias alerts
in real-time daily, visit http://www.knobias.com/cmtx
ABOUT KNOBIAS: Knobias is a premier financial information provider of
trading and investing data covering all U.S. equities for investors and
security professionals. Knobias is best described by its three major
components: Real-time desktop applications providing quotes, charts,
level 2, analysis etc.; Knobias RAiDAR providing thousands of real-time
news stories, alerts and documents daily; Knobias fundamentals
providing a comprehensive database of fundamental research information.
Knobias.com, LLC 601-978-3399 601-978-3675 [email protected]
www.knobias.com/cmtx