London, United Kingdom, May 08, 2016 --(PR.com
)-- Geo Global Group Ltd formerly quoted on the ISDX market in London, and currently Private announces that its Board of Directors has approved the previously announced issuance of 200 million shares for the consideration of the purchase of Helm Natural Resources Ltd, to be known as Geo Natural Resources Ltd. In addition, it has issued 36 million shares to officers, directors, a Consultant and members of the Advisory Board for services rendered. Additionally, Geo Global Group Ltd corrects an error in its press release dated May 3, 2016: the transfer of the shares of Geo Genesis Group Ltd, the Delaware company to RB Consultancy Ltd. had for consideration the assumption of the liabilities of the subsidiary Geo Genesis Group Ltd, the Delaware corporation and not the assumption of the liabilities of Geo Global Group Ltd, the Marshall Island Company.
The Directors of Geo Global Group Ltd. have approved this communication and any question can be addressed to:
Roger Bendelac, Chairman and Executive Director