TMCnet News
GLOBAL TECH INDUSTRIES GROUP, INC. UPDATES SHAREHOLDERS ON CLASSROOM SALON, LLC AND TRENTO RESOURCES AND ENERGY CORP.New York, NY, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today it has extended, for thirty (30) days, the negotiation period with Classroom Salon, LLC (“Classroom Salon”) to December 30, 2021. GTII and Classroom Salon have reached an agreement in principle and anticipate execution of a definitive purchase agreement by December 30, 2021. Additionally, regarding the Trento Resources and Energy Corp (“Trento”) project, GTII is engaged in discussions to retain an independent accounting and auditing firm, subject to the Public Corporations Accounting Oversight Board (“PCAOB”), to conduct an audit of Trento’s mining projects in Chile and Argentina. GTII will provide an update to shareholders when an accounting firm has been retained. About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies. Please follow our Company at: www.otcmarkets.com/stock/GTII Safe Harbor Forward-Looking Statements: Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise. Mike King |