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Back to Home » February 2011 News » Global Earth Energy, Inc. Announces Agreement to Invest by LB Tim Co., Ltd. of South Korea

Global Earth Energy, Inc. Announces Agreement to Invest by LB Tim Co., Ltd. of South Korea

February 01, 2011

WILMINGTON, NC--(Marketwire - February 1, 2011) - Global Earth Energy, Inc. (OTCBB: GLER) announced today it has entered into a memorandum of understanding with LB Tim Co., Ltd. of South Korea for the sale of $100,000,000.00 of Global Earth Energy, Inc.'s Series A convertible preferred stock. The sale of the shares is expected to close within 45 to 60 days.

Source URL: http://www.marketwire.com/mw/release.do?id=1388273&sourceType=3
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