Press Release Summary: Brussels, Belgium, June 10, 2008 --Global Options S.A (www.globaloptions.be) is pleased to confirm that the USD$50 million, 3 Year, pre-export finance facility established in favor of Alicante Minera Condestable (\"AMC\") has been successfully concluded. The use of proceeds for this facility will be to fund development at Global Option's wholly owned Alicante Project in southern Spain.
Press Release Body: Brussels, Belgium, June 10, 2008 --Global Options S.A (www.globaloptions.be) is pleased to confirm that the USD$50 million, 3 Year, pre-export finance facility established in favor of Alicante Minera Condestable (\"AMC\") has been successfully concluded. The use of proceeds for this facility will be to fund development at Global Option's wholly owned Alicante Project in southern Spain.
Commenting on the facility, AMC's Group's Chief Executive Officer, Arnold Agapeto, said "it strengthens our commitment to bring AMC to the citizens of our target countries. It will help us reduce costs and improve efficiency through the first Shared Service Centre in West and Central Spain."
Mark Hicks, principal at Global Options, stated "we could not be happier in assisting AMC in meeting their short-term goals and accomplishing their long-term objectives."
About Global Options S.A.:
Global Options is a Belgium based commodity options trading firm. The company was formed in 1990 as Meunier & Associés Global Trading SARL, which took over various ongoing futures businesses originally started in 1987. Global Options is registered and liscensed with the Belgium \'Commission de Régulation des Marchés Financiers\'. (http://crmf.govt.be) Global's principal business is to act as a broker in the futures, options and foreign exchange markets on behalf of private clients, corporate businesses, institutions and investment banks both within Europe's financial and offshore markets.
For more information, contact:
Hans Rottenhammer, Public Relations hans.rottenhammer@globaloptions.be 272 avenue de Tervueren, Bte 4, B-1150 Brussels, Belgium 1150 Phone: +32.280.80350 Fax: +32.279.19071
Web Site: http://www.globaloptions.be
Contact Details: Hans Rottenhammer, Public Relations hans.rottenhammer@globaloptions.be 272 avenue de Tervueren, Bte 4, B-1150 Brussels, Belgium 1150 Phone: +32.280.80350 Fax: +32.279.19071
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