15:17:21 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Global Remote Technologies Ltd
Symbol RGT
Shares Issued 42,071,338
Close 2017-10-18 C$ 0.19
Market Cap C$ 7,993,554
Recent Sedar Documents

Global Remote continues CFO search

2017-10-18 13:19 ET - News Release

Mr. Kane Smith reports

INVESTOR UPDATE

Global Remote Technologies Ltd. has provided an update to investors regarding the current status of the company.

Global Remote's chief financial officer Rebecca Kingery recently resigned for personal reasons. (See press release from Aug. 24, 2017, regarding the change of directors for more information.) Since then, her director seat has been filled by Par Bennstrom, and company president Kane Smith has been filling the chief financial officer position. Global Remote is currently interviewing several candidates for the chief financial officer position, in addition to bringing on one or two more directors. The company has also had discussions about some of the current management changing positions or possibly leaving to pursue other opportunities. All of these discussions and possible changes will hinge upon an investment group bringing in capital and resources to the company. The company sees this as a very positive benefit for the shareholders and is working diligently to make the best selections possible to protect shareholder value and provide customers with the best service possible.

Global Remote would like to make it clear at this time that there are no material changes in the company or its operations.

About Global Remote Technologies Ltd.

The objective at Global Remote Technologies is to reduce operational costs in the energy domain, specifically the oil sector, with unique, proprietary techniques and technologies that support upstream, mid-stream and downstream processes. Services are developed to create custom solutions that improve performance, improve health and safety standards, and bring significant savings to clients. GRT operates in rugged locations around the globe, with offices in Canada, Mexico, Oman and the United States. Global Remote Technologies is a public company, traded in Canada and Germany under the symbols CSE: RGT and FRA: GR9.

We seek Safe Harbor.

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