Consolidated Global Minerals Ltd.

Consolidated Global Minerals Ltd.

January 06, 2005 15:34 ET

Consolidated Global Minerals Ltd.: Private Placement


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: CONSOLIDATED GLOBAL MINERALS LTD.

TSX VENTURE SYMBOL: CTG

JANUARY 6, 2005 - 15:34 ET

Consolidated Global Minerals Ltd.: Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 6, 2005) - Consolidated
Global Minerals Ltd. (TSX VENTURE:CTG)

The private placement of 4,500,000 units in securities of Consolidated
Global Minerals Ltd. (the "Company") at $0.40 per unit announced on
December 9, 2004 has closed. 4,500,000 shares and 4,500,000 share
purchase warrants exercisable at $0.60 for two years have been issued.
The shares and the shares underlying the warrants have a hold period
ending April 24, 2005.

ON BEHALF OF THE BOARD

George 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)
    Website: www.cgmltd.com
    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein.