16:03:19 EDT Sun 05 May 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

ORIGINAL: Global Remote continues CFO search

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

Received by email:

File: GRT Investor update 10-17.pdf

                                       355 Burrard Street, Suite 1000
                                         Vancouver, BC V6C 2G8

                                             INVESTOR UPDATE

Vancouver, B.C.   18 October 2017- Global Remote Technologies Ltd. (the "Company") (CSE:RGT),
(Frankfurt Stock Exchange:GR9) would like to provide an update to investors regarding the current status of
the company.

GRT recently had our CFO, Rebecca Kingery, resign for personal reasons. See PR from 24 Aug 2017
regarding the change of Directors. Since then, her Director seat has been filled by Par Bennstrom, Kane Smith,
the Company President, has been filling the CFO position. GRT is currently interviewing several candidates for
the CFO position, in addition to bringing on 1-2 more Directors. We have 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. We see this as a very positive benefit for the shareholders and are working diligently to make the
best selections possible to protect shareholder value and provide our customers with the best service possible.

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

Please direct all questions to info@grtcse.com

About Global Remote Technologies

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,
midstream 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.

Further information about the Company is available under its profile on the SEDAR website, www.sedar.com,
on the CSE website, www.thecse.com, and on its website, www.grtcse.com.

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 the Company. Although the Company's management believes that the expectations and
assumptions on which such forward-looking information is based are reasonable, undue reliance should
not be placed on the forward- looking information because the Company 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 Company disclaims any intent or obligation to update publicly any forward-looking information, whether as
a result of new information, future events or results or otherwise, other than as required by applicable
securities laws.
 


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