Trento Resources selecting buyers for $350 million bond offering

Chicago, March 25 – Trento Resources and Energy Corp., subsidiary of Global Tech Industries Group, Inc., is selecting buyers for its new $350 million bond offering, according to a press release.

On Thursday, Global Tech announced that underwriter Vanor Capital Resources Ltd. had entered into a memorandum of understanding with Style Age, Inc. to purchase all of the bonds.

On Friday, there was an update in a press release that the underwriter was in ongoing negotiations with other potential qualified buyers and would make final determinations regarding the selected buyer(s).

Proceeds will be funded to Trento Inversiones SpA, which will start its rare earth minerals mining operations in Chile.

Global Tech is a Nevada-based acquirer of new and innovative technologies.

Trento is a Delaware corporation that develops, refines and sells rare earth minerals and iron.

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