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File: EDOCS-#130449-v4-Press_Release_-_Global_Remote_Tech_-_$0_10_financing_&_....docx

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1000 - 355 Burrard Street
Vancouver, BC V6C 2G8

 
 GLOBAL REMOTE TECHNOLOGIES ANNOUNCES FINANCING AND CORRECTION

Vancouver, B.C. - (June 29, 2015) Global Remote Technologies Ltd. (the "Company" or "Global Remote Technologies") (CSE
--->:RGT) wishes to announce that it intends to complete a private placement to raise up to $125,000 (the "Offering") of u
--->p to 1,250,000 units (the "Units") at a price of $0.10 per Unit.  Each Unit will consist of one common share (each a "
--->Share") of the Company and one common share purchase warrant (each, a "Warrant").  Each Warrant shall entitle the hold
--->er to acquire one Share (a "Warrant Share") at a price of $0.24 per Warrant Share for a period of two years.
All securities issued under the Offering will be subject to a four-month hold period.
The Company also wishes to rectify an administrative error in the number of common shares issued by the Company to two
---> of its shareholders (the "Shareholders") on closing of the Plan of Arrangement on March 13, 2015, previously announce
--->d on March 16, 2015.  On closing of the Arrangement, the unit issuance to each of these two Shareholders was short by 
--->150,000 for an aggregate of 300,000 units (comprised of shares and warrants, with each warrant entitling the holder to
---> purchase one common share at a price of $0.20 for 12 months).  The two Shareholders are not related parties to the Co
--->mpany. The issued and outstanding common shares as disclosed in the final prospectus filed by the Company on SEDAR on 
--->May 13, 2015 was short by these 300,000 units. The Company's aggregate issued and outstanding shares was disclosed as 
--->30,747,658 and the number of shares reserved for issuance was disclosed as 12,109,657.  The correct aggregate number o
--->f issued and outstanding common shares of the Company as of March 16, 2015 is 31,047,658 and those reserved for issuan
--->ce 12,409,657.  The Company has updated this information on its CSE profile.
About Global Remote Technologies
Global Remote Technologies focuses on the deployment of emerging technologies for the energy sector.  The company has 
--->licensed multiple patent pending tools for the oil and gas industry, which are currently being assembled for release i
--->n later 2015.  Using its advanced engineering and leadership experience, Global Remote Technologies brings cutting edg
--->e processes and technology to the oil patch.  Its remote sensor packages transmit telemetry from drilling and producti
--->on sites in real time to a central server where it is viewed in the cloud.  The systems are designed to provide key pe
--->rsonnel an early warning system to avoid equipment failures or costly compliance fines.  Global Remote Technologies co
--->llects and communicates vital information on the status of equipment, tanks, and pipelines for exploration, production
--->, and transmission of oil, gas and water. The Company is headquartered in Vancouver, BC, with offices in Denver, Color
--->ado and Houston, Texas.
Further information about the Global Remote Technologies is available under its profile on the SEDAR website, www.seda
--->r.com, on the CSE website, www.thecse.com, and the Company's website, www.grtcse.com.
For further information on Global Remote Technologies, please contact:
Chris Dorris
Director, President and CEO
Telephone:  713-384-8931
Email:  info@grtcse.com
Website:  www.grtcse.com
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation. The 
--->forward-looking information is based on certain key expectations and assumptions made by the management of Global Remo
--->te Technologies. Although the companies believe that the expectations and assumptions on which such forward-looking in
--->formation is based are reasonable, undue reliance should not be placed on the forward-looking information because the 
--->companies cannot provide any assurance that it will prove to be correct. These forward-looking statements are made as 
--->of the date of this press release and the companies disclaim any intent or obligation to update publicly any forward-l
--->ooking information, whether as a result of new information, future events or results or otherwise, other than as requi
--->red by applicable securities laws.