Global Gold Sale Reports Refuted

YEREVAN (Noyan Tapan)-The Embassy of the United States of Armenia issued a press release Tuesday–noting that recent Armenian press reports that the "Global Gold" corporation has sold its shares to the "First Dynasty Mines" company are incorrect.

In fact–the Embassy is unaware of any new developmen’s in addition to those which have been disclosed by both companies in the past.

First Dynasty Mines–USA–a subsidiary of First Dynasty Mines–is an investor in Global Gold Armenia. First Dynasty Mines–USA–has the option–upon meeting certain conditions–of buying Global Gold’s shares in the future.

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