Stocks & Investing
Stocks and Investing
Stocks and Investing
Tue, June 23, 2009
Mon, June 22, 2009
Sun, June 21, 2009 Converge Global, Inc.: Converge Global, Inc. Completes Acquisition of Golden Twist Property Claims
TORONTO, ONTARIO--(Marketwire - June 21, 2009) - Converge Global, Inc. (PINK SHEETS:CVRG) announced today that it has completed the acquisition to acquire 100% interest of the Golden Twist Property Claims located in Powell Township, in the Province of Ontario, Canada. The Company will release further details shortly.
Bryan Gonzales, President stated "This additional acquisition in Powell Township will further enhance our Canadian portfolio of exploration projects. We look forward to developing our presence in Ontario by utilizing our local team of mining professionals and their vast knowledge of the area."
Converge Global, Inc. further announced that it will no longer be pursuing the Joint Venture Agreement with Sarissa Resources Inc. on the O'Connor Asquith Gold Property. During the due diligence process, Management determined that completing this acquisition was not in the best interest of its shareholders.
The Company is actively seeking additional exploration and joint venture opportunities with producing mining operations in North and South America.
About Converge Global, Inc.
Converge Global, Inc. is a junior mining company engaged in acquisition, exploration and development of properties in North and South America containing principally gold as well as other precious metals. For further information visit: [ www.convergeglobalinc.com ]
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.
