GeoGlobal Warrants Issued in December 2003 are Due to Expire on February 24, 2006
26 Janvier 2006 - 3:30PM
Business Wire
GeoGlobal Resources Inc. (AMEX:GGR) announces that its outstanding
warrants to purchase 785,500 shares of its common stock at $2.50
per share issued in its December 23, 2003 financing will expire on
February 24, 2006. GeoGlobal's prospectus relating to the issuance
of its shares on exercise of the warrants has again become current
and available for delivery as the result of the effectiveness on
January 25, 2006 of a post-effective amendment to GeoGlobal's
registration statement relating to the sale of those shares.
GeoGlobal Resources Inc., headquartered in Calgary, Alberta,
Canada, is a US publicly traded oil and gas company, which through
its subsidiaries, is engaged primarily in the pursuit of petroleum
and natural gas through exploration and development in India. Since
inception, the Company's efforts have been devoted to the pursuit
of Production Sharing Contracts with the Government of India.
Currently, the Company is focused on the development of high
potential exploration targets in the Krishna Godavari, Cambay and
the Deccan Syneclise basin areas. Forward Looking Statements Some
statements in this press release may contain forward looking
information. These statements may address future events and
conditions and, as such, could involve inherent risks and
uncertainties. Our results of oil and gas exploration and
development activities may not result in any discovery of
hydrocarbons in commercially recoverable quantities or the
assignment of any reserves to hydrocarbons that are discovered..
Our exploration and development activities involve highly
speculative exploration opportunities that involve material risks.
Additional important risk factors are described in the Company's
periodic filings with the Securities and Exchange Commission,
including the Company's annual report on Form 10-KSB and quarterly
reports on Form 10-QSB. The filings may be viewed at
http://www.sec.gov. and www.sedar.com. GEOGLOBAL RESOURCES INC.
(AMEX:GGR)
Geoglobal Resources (AMEX:GGR)
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