Global Link Data Solutions Ltd.
TSX VENTURE : GLK

Global Link Data Solutions Ltd.

June 10, 2005 09:15 ET

Global Link Data Solutions Ltd. Announces Election of Mr. Stuart Mooney as Director, Grant of Options and Appointment of New Chairman of the Board of Directors

CALGARY, ALBERTA--(CCNMatthews - June 10, 2005) - Global Link Data Solutions Ltd. ("Global Link") - (TSX VENTURE:GLK) is pleased to announce that Mr. Stuart Mooney has been elected as a new director of the Corporation effective May 31, 2005. Mr. Mooney brings a wealth of experience to the Board of Directors of Global Link, having been involved in the governance of private and public companies for many years.

In connection with the new appointment, the Board of Directors has approved a stock option grant to purchase up to an aggregate total of 50,000 common shares of the Corporation to the new director at an issue price of $0.60 per share. The grant is to provide a compensatory incentive for the services provided to the Corporation.

Global Link is further pleased to announce that the Board of Directors has approved the granting of options to purchase an aggregate of 100,000 common shares to the former principals of Western Pump Solutions Ltd. at an issue price of $0.60.

Global Link is pleased to announce that Mr. Larry Nachshen has accepted the position of Chairman of the Board of Directors. Global Link is grateful to Mr. Clark, for his contribution as former Chairman and his ongoing dedication as a Director of Global Link and Chairman of the Corporation's Audit Committee.

Close: $0.67

Shares outstanding: 16,104,293

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Global Link Data Solutions Ltd.
    Derek M. Begin
    President and Chief Executive Officer
    (403) 243-0820
    (403) 243-3425 (FAX)
    Email: dbegin@global-Link.com
    or
    Global Link Data Solutions Ltd.
    #10, 5920 - 11th Street S.E.
    Calgary, Alberta T2H 2M4
    (403) 243-0820
    (403) 243-3425 (FAX)
    Website: www.Global-Link.com