Global Gold Corp. (GBGD)

[BMAV]

Armenian NGO Demands Criminal Investigation against Global Gold

On December 12, 2014, EcologicalRight, an Armenia based environmental NGO, sent a letter to the Minister of Nature Protection of the Republic of Armenia, demanding that a criminal investigation be opened on Mego-Gold, a subsidiary of Global Gold Corp and owner and operator of the Toukhmanuk Gold project.

See Copy of the translated Letter as published on the ARHUS Website of Armenia by clicking here

See Original Armenian Version by clicking here

Ecological-Right lists the following as grounds of criminal investigation and charges against Mego-Gold/Global-Gold.

* embezzlement of state property through fraud;
* tax evasion through false entrepreneurship, hiding overpayments and other gained material benefits, which has caused major damage to the citizens of the Republic of Armenia;
* Performing illegal commercial activities without a special permit (license) to carry out entrepreneurial activities subject to licensing;
* violation of rules in implementing environmental safety activities;
* features of crimes in violation of rules of mineral resources conservation and use.

The letter is signed by the Chairman of Ecological Right NGO in Armenia, Mr. Arthur Grigorian.

Mr. Grigorian can be reached at:
tel: [phone]
mob: [phone]
e-mail: [e-mail]