GlobeStar Announces Extension of Offer by Perilya Canada

GlobeStar Mining Corporation (TSX:GMI) announces that Perilya Canada Limited, a direct wholly-owned subsidiary of Perilya Limited, to acquire all of the outstanding common shares of GlobeStar.

The press release is quoted as saying:

GlobeStar Mining Corporation is a Canadian-based mining and exploration company producing copper, gold and silver at its Cerro de Maimón mine in the Dominican Republic. GlobeStar is also exploring for copper and gold on its extensive mineral concessions in the Dominican Republic, and holds significant interests in the Moblan lithium project in Quebec, Canada, and the Cumpié Hill lateritic nickel deposit in the Dominican Republic. GlobeStar maintains a listing on the Toronto Stock Exchange (symbol: GMI).

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