|
Information within contains 4rward l0 0king statements within
the meaning of Section 27A of the Securities Act of nineteen thirty
three
andSection 21B of the Securities Exchange Act of nineteen thirty
four. Any
statements that express or involve discussions with respect to
predictions,
expectations, beliefs, plans, projections, objectives, goals,
assumptions or
future events or performance are not statements of historical fact
and may
be 4rward 1o0king statements.4rward lo oking statements are based on
expectations, estimates and projections at the time the statements
are made
that involve a number of risks and uncertainties which could cause
actual
results or events to differ materially from those presently
anticipated. As
with many micr ocap st0c ks, today's co mpany has disclosable
material items
you need to consider in order to make an informed and intelligent
in_vestment decision. These items include: A nominal cash position
and a
going concern opinion from its auditor. It is an operating Company.
The
company is going to need financing. If that financing does not
occur, the
company may not be able to continue as a going concern in which case
you
could lose your entire in-vestment. The publisher of this new
sletter does
not represent that the information contained in this messa ge states
all
material facts or does not omit a material fact necessary to make
the
statements therein not misleading. All information provided within
this ema
il pertaining to in-vesting, st0cks, secur1ties must be understood
as
information provided and not invest ment advice. Remember a thorough
due
diligence effort, including a review of a comp any's filings when
available, should be completed prior to in_ve sting. The publisher
of this
newsletter advises all readers and subscribers to seek advice from a
registered professional secu rities representative before deciding
to trade
in s t0cks featured within this e_m ail. None of the material within
this
report shall be construed as any kind of in_vestm ent advice or
solicitation. Many of these companies are on the verge of
bankruptcy. You
can lose all your mo ny by inve sting in this st0 ck. The publisher
of this
newsl etter is n0t a reg1stered in-vest ment adv is0r. Subscribers
should
not view information herein as legal, tax, accounting or invest ment
advice.
In compliance with the Securities Act of nineteen thirty three,
Section
17(b),The publisher of this newsl etter is contracted to receive
twenty five
th0us and d0l1ars from a third party, not an officer, director or
affiliate
shar eh0lder for the circulation of this report. Be aware of an
inherent
conflict of interest resulting from such compensation due to the
fact that
this is a paid advertisement and is not without bias.The party that
pays us
has a posi tion in the st0c k they will sell at any time without
notice.
This could have a negative impact on the price of the s t0ck,
causing you to
lose m ony.Their intention is to sell now. All factual information
in this
report was gathered from public sources, including but not limited
to
Company Press Releases. Use of the information in this email
constitutes
your acceptance of these terms. |

 |
|
Your online news alert guide to
stocks and shares and more
|
Stocks
Shares
News
Alerts |
|
|
|
|
| |
|
|
May 27, 2009 - TORONTO, CANADA - Converge Global, Inc.
(PINK SHEETS: CVRG) is pleased to provide historical assay
results and further details on the Benson Lake Gold
Property. The Benson Lake Gold Property, consisting of 19
claims and 105 units, is situated in Skead Township 12 miles
southeast of Kirkland Lake, Ontario, Canada. The Kirkland
Lake Mining Area is considered to be the number one gold
mining area in Ontario.
Historical Assays on the Benson Lake Gold Property
In 1993, grab samples of sulphide stringer veins were taken.
The sample rock types included dacite breccia, massive
dacite and minor massive andesite. The dacite breccia unit
appeared to consist of a northeasterly trending flow, with
massive dacite flows to the north and similarly to the
south. Numerous faults and fractures trend easterly and
northeasterly. The breccia, and less commonly the massive
dacite, was crossed by narrow, sulphide bearing stringers
containing massive to semi-massive pyrite, chalcopyrite, and
arsenopyrite. These stringers contained gold with assay
results as high as 5.8 oz/ton.
High-grade gold values in narrow semi-massive pyretic veins
were also previously identified on the Benson Lake Gold
Property in 1994. Limited surface stripping, sampling and
shallow diamond-drilling indicated that significant gold
values were present in narrow pyritic veins or breaks in a
variety of tuffaceous rock units but commonly in brecciated
structures enriched with sulphides. The highest values
obtained in these drill samples were 1.69 oz Au/1.5 feet and
.248 oz Au/3 feet.
A summer diamond-drilling program on the Benson Lake Gold
Property to be supervised by C.G. Cheriton, P.E. Eng. is
currently being considered.
Converge Global, Inc. is also pursuing additional
acquisitions and joint venture opportunities with producing
mining operations, as well as exploration properties, in
North and South America. |
|
|
If you're a beginner in the UK, here is a basic
description of the main stocks & shares terms you might
hear:
SHARE - a stake in a company's assets. Depending on the
number of shares the shareholder has they can have a lot of
influence via voting rights on corporate business in the AGM
ASSETS - include cash in hand, property, raw materials and
work in hand.
STOCKS
COMMON STOCK - is a unit of ownership which can carry
corporate voting rights.
PREFERRED STOCK - a unit of ownership which does not carry
voting rights but the owner is legally entitled to receive a
certain level of dividend payment.
STOCKS AND OPTIONS - contract between buyer and seller that
gives the buyer the right to buy a particular asset at a
later date at an agreed price. In return, the seller
collects a premium. There is however no obligation to buy.
PENNY STOCKS - a penny stock is a unit of ownership with a
market price of below 1 unit of the local currency. Can rise
steeply and drop steeply so keep a close eye on them.
DIVIDEND - is a proportion of profits paid to sha |
|
|
|
|