TORONTO, CANADA--(Marketwire - March 26, 2010) - Converge Global, Inc. (the "Company") (PINK SHEETS:CVRG) announced today that it has upgraded its listing status on Pink Sheets.
The Company recently filed its updated Form 211 and unaudited consolidated financial statements for the year ended December 31, 2009. These statements reflect the pre and post merger activities of both Converge Global, Inc. and Sparrowtech Resources, Inc. The Company is also working towards progressing from limited information to the subsequent tier of current information on the Pink Sheets.
Cornelia Volino, President stated, "Though our first quarter plans for 2010 were met with some unforeseen delays, we look forward to the next quarter with a greater determination to progress on a timely basis." Ms. Volino further stated, "The Board of Directors is committed to increasing shareholder value and is currently assessing the further development of our exploration properties while also reviewing the potential of additional acquisitions."
About Converge Global, Inc. www.convergeglobalinc.com.
Converge Global, Inc. is a junior mining company engaged in the acquisition, exploration and development of mining properties in North America containing principally gold as well as other precious metals.
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Converge Global, Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.