Converge Global, Inc.
PINK SHEETS : CVRG

Converge Global, Inc.
Sarissa Resources Inc
PINK SHEETS : SRSR

March 24, 2009 07:01 ET

Converge Global Inc Announces Gold Property Joint Venture With Sarissa Resources Inc

TORONTO, ONTARIO--(Marketwire - March 24, 2009) - Converge Global Inc. (PINK SHEETS:CVRG) is pleased to announce a Joint Venture deal with Sarissa Resources Inc (PINK SHEETS:SRSR) on a gold property in Northern Ontario, Canada. The O'Connor Asquith property, residing in Asquith and Churchill Townships consists of 16 claims, approximately 640 acres (1 square mile) and has significant historical gold showings, channel cuttings from stripping area #3, see below.



ASSAYS

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SAMPLE # Au
(grams/tonne)
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70777 0.58
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70778 12.17
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70779 19.41
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70780 3.22
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70781 8.47
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70767 8.21
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Converse Global Inc, will earn a fifty per cent interest in the O'Connor Asquith property by: paying Sarissa $25,000, and paying Sarissa $15,000 dollars annually for the next three (3) years, spending $120,000 in the next eighteen (18) months on exploration on the property, as well as paying Sarissa three million (3,000,000) Converge Global, Inc. common shares. Sarissa will be the operator of the property.

Scott Keevil President of Sarissa Resources comments on the Joint Venture, " I am very excited about having the opportunity to work with Converge on this under explored property. The trenching results have been exceptionally positive and we anticipate as being successful, long term endeavor."

Converge Global Inc. is designing an exploration program on the O'Connor property to be commenced in the next few weeks. The exploration program will consist of channel cutting and blasting on "Stripped Area #3 to further determine the most efficient areas to begin diamond drilling.

Converge Global President and CEO Bryan Gonzales states, "We are extremely pleased to be working alongside Scott and his team. Sarissa Resources is a top notch mining outfit and we look forward to the future success of this partnership".

Safe Harbor

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Converge Global, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

For more info please see the CVRG website, www.convergeglobalinc.com.

Contact Information

  • Merle Goertz
    1-866-738-9976