Converge Global Signs LOI to Acquire Gold Producing Mine

OKLAHOMA CITY, OK (Marketwired Jun 24, 2014) Converge Global, Inc. ( The Company ) (OTC Pink: CVRG) (PINKSHEETS: CVRG) announced today the signing of a Letter of Intent (LOI) with Grant Ltd. for the acquisition and licensing of facilities subsoil for Mine Duet Ltd., a producing property of lode gold in the Ust-Maya District, Republic of Sakha (Yakutia) in the Russian Federation. The Company s initial due diligence was significant to support signing the Letter of Intent to enter a Stock Purchase Agreement and will proceed with further due diligence and negotiations towards closing the acquisition of the producing mine. In 2012, Duet produced 385 kg gold and 417 kg gold in 2013 for Russian Geoplan terms of 301 kg. Duet s probable and proven gold reserves and resources total 7 tons and is currently licensed to 2020. Alexander Shirokov, President of Converge Global, Inc., stated, This acquisition is just one of two currently under review in the Ust-Maya District. They both have the poten
http://bit.ly/1sC4tcU