Shares of Global Resource Corporation Listed for Trading on the Frankfurt Stock Exchange
October 16 2007 - 12:46PM
PR Newswire (US)
WEST BERLIN, N.J., Oct. 16 /PRNewswire-FirstCall/ -- Global
Resource Corporation (OTC Pink Sheets: GBRC), a worldwide petroleum
research, engineering, development, and manufacturing company is
pleased to announce that its common stock is now listed for trading
on the Frankfurt Stock Exchange under the symbol (FWB: AH62). The
International Security Identification Number (ISIN) number is
US37945C2026. The Frankfurt exchange is the third-largest organized
exchange-trading market in the world (just behind the NYSE and
Nasdaq), in terms of turnover and dealings in securities.
Consequently, GBRC anticipates a much wider, international market
access for its shares. The listing on the Frankfurt Stock Exchange
will provide increased exposure to worldwide capital markets and
will enable European institutional and individual investors to
trade the Corporation's common stock in Euros. RG Securities AG, a
major German investment banking and brokerage firm acted as the
designated sponsor of GBRC for the Frankfurt listing. RG Securities
AG has extensive experience on the FWB and XETRA. RG Securities AG
is a full member of the Frankfurt Stock Exchange and XETRA. "With
our increased business dealings in European markets and our large
European shareholder base, we felt a presence on one of the
European stock exchanges was important for GBRC and its
shareholders," stated Frank Pringle, CEO of Global Resource Corp.
The Frankfurt Exchange was founded over four hundred years ago and
is operated by Deutsche Boerse AG. The Frankfurt Exchange Open
Market is home to equities from over 60 different countries, with
North American companies representing approximately 40% of the
stocks listed. For more information, visit the Frankfurt Stock
Exchange at http://deutsche-boerse.com/. About Global Resource Corp
Global Resource Corp. has patent pending processes that allows for
removal of oil and alternative petroleum products at very low cost
from various resources, including shale deposits, tar sands, waste
oil streams and bituminous coal with significantly greater yields
and lower costs than are available utilizing existing known
technologies. The process uses specific frequencies of microwave
radiation to extract oils and alternative petroleum products from
secondary raw materials, and is expected to dramatically reduce the
cost for oil and gas recovery from a variety of unconventional
hydrocarbon resources. GBRC's technology will not only be developed
to extract oil from shale, but from depleted oil fields in the US
and elsewhere, many of which still contain more than half of the
hydrocarbons originally in these fields, because the residual
hydrocarbons are too viscous to extract with conventional
technology. Company contact: Frank Pringle, CEO Global Resource
Corporation Bloomfield Business Park 408 Bloomfield Dr. Unit 3 West
Berlin, NJ 08091 Main: 856-767-5661 Investor Contact: Jeff Andrews,
CFO Global Resource Corporation Bloomfield Business Park 408
Bloomfield Dr. Unit 3 West Berlin, NJ 08091 Main: 856-767-5661 This
news release contains forward-looking statements regarding Global
Resource Corp.'s business strategies and future plans of
operations. Forward- looking statements involve known and unknown
risks and uncertainties. The forward-looking statements contained
in this news release speak only as of the date hereof and Global
Resource disclaims any obligation to provide public updates,
revisions or amendments to any forward-looking statements made
herein to reflect changes in Global Resource's expectations or
future events. DATASOURCE: Global Resource Corp. CONTACT: Frank
Pringle, CEO, +1-856-767-5661, , or Jeff Andrews, CFO,
+1-856-767-5661, , both of Global Resource Corp. Web site:
http://www.mobilestreamoil.com/ http://deutsche-boerse.com/
Copyright