SOURCE: Converge Global, Inc.

July 17, 2014 09:15 ET

Converge Global Provides Proxy Distribution Update

OKLAHOMA CITY, OK--(Marketwired - Jul 17, 2014) - Converge Global, Inc. (OTC Pink: CVRG) (PINKSHEETS: CVRG) ("the Company") announced today that Secretary, Oleg Kiselev has advised there will be a delay in the distribution of proxy voting forms to the shareholders of record previously planned for circulation prior to July 18, 2014.

The proxy voting forms are to determine if the shareholders will support an Offer to Purchase from Erik Brizgalis, CEO of DDW Investment GmbH for all the issued and outstanding shares of common stock of the Company at a price of $.08 per share. The Offer to Purchase was received by the President on June 27, 2014.

Alexander Shirokov, President, stated, "The Company is eager to assist in the completion of this transaction and we encourage all shareholders to vote in favor of the Offer to Purchase upon receipt of the proxy voting forms." He further stated, "The Company will issue an update with additional details as soon as they become available."

About Converge Global, Inc.
Converge Global, Inc. is a publicly traded junior gold producer with operations in the Russian Federation. Converge Global, Inc. seeks to acquire gold producing mining operations in the Russian Federation as well as other markets.

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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. with members of its management team 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.

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