Consolidated Global Minerals Ltd.

Consolidated Global Minerals Ltd.

January 10, 2005 20:22 ET

Consolidated Global Minerals Ltd. Grants Stock Options


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CONSOLIDATED GLOBAL MINERALS LTD.

TSX VENTURE SYMBOL: CTG

JANUARY 10, 2005 - 20:22 ET

Consolidated Global Minerals Ltd. Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 10, 2005) -
Consolidated Global Minerals Ltd. (TSX VENTURE:CTG)

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR
DISTRIBUTION TO THE US NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES
DESCRIBED HEREIN.

Consolidated Global Minerals Ltd. announces that it has, subject to
regulatory approval, granted 2,700,000 incentive stock options to
certain employees, directors and/or consultants at a price of $0.43 per
share exercisable for a period of five years.

Consolidated Global Minerals Ltd.

George W. Heard, President

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Consolidated Global Minerals Ltd.
    George Heard
    President
    (604) 632-0085
    (604) 605-0009 (FAX)
    Email: gwheard@cgmltd.com
    Website: www.cgmltd.com
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy of this release.