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Gold/Mining/Energy : GL Energy & Exploration Inc
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To: Rocky510 who wrote (9)8/15/2003 10:49:33 AM
From: Rocky510   of 16
 
This is the important financing:

"...On July 28, 2003 the Company signed a Term Sheet with Cornell
Capital Partners LP whereby Cornell would commit to fund up to
11,000,000 for GL Energy and Exploration Inc. from time to time over
the course of 24 months. The timing and amounts would be at the
discretion of GL Energy and the aggregate dollar amount in any
thirty-day calendar period would be up to a maximum of $1,000,000..."

(Now we want to know when GEEX gives a check to SEM and when the pilot plant is shipped, installed and in operation.)
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