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Global Gold Co. Names Ian Hague to the Board of Directors

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  • Global Gold Co. Names Ian Hague to the Board of Directors

    Global Gold Corporation Names Ian Hague as a Member of the Board of Directors

    Business Wire
    Jan 20, 2005

    Global Gold Corporation (OTCBB: GBGD) announced today the appointment
    of Ian Hague as a non-executive member of the board of directors of
    Global Gold Corporation. He joins Nicholas Aynilian, Drury
    J. Gallagher, Van Krikorian and Michael T. Mason on Global Gold's
    board.

    Commenting on the new appointment, Global Gold's Chairman/CEO Drury J.
    Gallagher said: "We are pleased to have Ian Hague join us as a member
    of our board. His international experience and focus on the former
    Soviet Union will be a major contribution to the success of Global
    Gold Corporation."

    Ian Hague is a co-founder of Firebird Management, LLC - www.fbird.com.
    Firebird manages over $850 million in seven funds dedicated to equity
    investments in Russia, Eastern Europe and Central Asia. Mr. Hague is a
    leading expert on Russian politics and investments and has published
    numerous articles and given dozens of presentations over the years. He
    is a graduate (BA) of Wesleyan University (1983), and has a Masters
    Degree in International Policy Studies from the Monterey Institute of
    International Studies and has done graduate work at Columbia
    University's Harriman Institute. Ian is co-lead manager of Firebird
    Fund LP, Firebird New Russia Fund, Firebird Republics Fund, and
    Firebird Avrora Fund. Mr. Hague serves as a member of the Supervisory
    Board of the Bank of Georgia and the Board of Directors of Amber
    Trust, a private equity fund specializing in companies in the Baltic
    States.

    Global Gold Corporation is an international mining company whose
    strategic focus is the acquisition, development, exploration and
    operation of gold mining properties. Global Gold has acquired and is
    developing projects in Armenia and Chile. The company headquarters are
    located at 104 Field Point Road, Greenwich, CT 06830; additional
    information can be found at www.globalgoldcorp.com.

    To the extent that statements in this press release are not strictly
    historical, including statements as to revenue projections, business
    strategy, outlook, objectives, future milestones, plans, intentions,
    goals, future financial conditions, future collaboration agreements,
    the success of the Company's development, events conditioned on
    stockholder or other approval, or otherwise as to future events, such
    statements are forward-looking, and are made pursuant to the safe
    harbor provisions of the Private Securities Litigation Reform Act of
    1995. The forward-looking statements contained in this release are
    subject to certain risks and uncertainties that could cause actual
    results to differ materially from the statements made.Global Gold
    Corporation Drury J. Gallagher, 203-422-2300 [email protected]
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