Home

Gtech International Resources Limited

Corporate Objective - increasing shareholder wealth through the identification, establishment and commercialisation of new ventures.

Gtech International Resources Limited (Gtech) is focussing its activities on seeking new business opportunities for the Company. The Company realised all its listed securities during the financial year ended 30 April 2004 and now holds the majority of its assets in cash deposits.

Once a suitable project has been identified, the Directors may call a Special Meeting of Shareholders to consider and vote on the change of business direction. It is likely that once the project has been identified and approved by shareholders, further placements of shares may be made to raise additional funds for the project.

Previously, Gtech has been engaged in the acquisition and exploration of mineral properties in British Columbia and the Yukon Territory. The Company still has a 1.5% net smelter royalty on the Aurex Property, which Expatriate Resources Limited may purchase at any time for CAD 1 million.

Visit the Genetic Technologies Limited website.