GLER
Hawk Manufacturing, Inc. Closes the Acquisition of Global Earth Energy, Inc. (GLER)
GlobeNewswire Global Earth Energy, Inc. 9 hours ago
CHARLESTON, S.C., Feb. 5, 2014 (GLOBE NEWSWIRE) -- Global Earth Energy, Inc. (GLER) and Hawk Manufacturing (HAWK), announces the closing of the transaction to acquire and merger into Global Earth Energy.
Under the completed transaction, GLER delivered to Hawk Manufacturing common and preferred shares. Immediately, HAWK will begin the process of integrating its subsidiaries into the new company. Global Earth Energy will move its headquarters to Charleston, SC, will change its name to Hawk Manufacturing, Inc., and after FINRA's regulatory approvals a new symbol will be issued.
HAWK intends to position the Company for an up-listing to another market, possibly NASDAQ, once the Company meets the financial status and market share price for up-listing qualification.
The new senior management team will consist of the following individuals:
- Stacey J. Ragsdale, President.
- John M. Ragsdale, CEO
- Carl Partridge, Chief Operating Officer
- Charles Kent Raley, Chief Commercial Officer (CCO)
- Mr. Robert G. Gillian, National Sales Director & V.P. of Marketing.
This team brings over 140 years combined management experiences.
John Ragsdale will be the new CEO, and stated: "We are excited about this new direction for Hawk Manufacturing and look forward to accelerating our growth plans. We appreciate the support Global Earth Energy has given us during the initial stages of our partnership and are excited to lead the Company and its shareholders into the future."
A Form 8-K will be filed on the US SEC EDGAR system within the prescribed time-frame providing the specifics of this merger.
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