Proposed Private Placement and Consolidation

GLOBAL MINERALS LTD.

NEWS RELEASE

PROPOSED PRIVATE PLACEMENT AND CONSOLIDATION

Vancouver, B.C., January 25, 2016 – Global Minerals Ltd. (TSXV/NEX: CTG.H; - the “Company”) announces its intention to undertake the following:

1. the consolidation of its current issued and outstanding common shares on the basis of one new post-consolidated share for every two outstanding shares; and

2. a private placement to raise up to $300,000 through the sale of 6,000,000 postconsolidated common shares at $0.05 per share.

Proceeds of the placement will be used for general working capital purposes and to advance the Company’s search for new business opportunities.

The private placement is subject to approval of the TSX Venture Exchange, and if required, by the shareholders of the Company.

ON BEHALF OF THE BOARD

“David M. Patterson”

CEO and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Suite 1200, 888 Dunsmuir Street, Vancouver, BC V6C 3K4 - Phone: 604 683-0564