Global Minerals Confirms Effective Date of Share Consolidation

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES 


Global Minerals Ltd. ("Global" or the "Company") (TSX VENTURE:CTG) is pleased to
announce that it has received the approval of the TSX Venture Exchange to the
consolidation of its issued and outstanding common shares on the basis of one
new common share for every five common shares currently issued and outstanding.
The Company's shares will commence trading on the TSX Venture Exchange on a
consolidated basis on February 7, 2014. On a post-consolidation basis, there
will be approximately 22,164,787 common shares issued and outstanding. The
Company's name and trading symbol will remain the same. 


In addition, the Company wishes to clarify its news release of January 22, 2014
in respect of an increase in the Company's previously announced non-brokered
private placement of up to $3.5 million (the "Financing"). The Financing will be
completed through the issuance of up to 14,000,000 units of the Company
("Units") at a price of $0.25 per Unit, and not up to 12,000,000 Units as
previously disclosed. All other terms of the Financing remain unchanged. 


The Financing is subject to TSX Venture Exchange approval and all securities
will be subject to a four month resale restriction.  


The proceeds from the Financing will be used to further the development of the
Strieborna project and for general working capital.


About Strieborna

Strieborna is a high-grade silver-copper vein type deposit in an historic mining
district near the town of Roznava in eastern Slovakia. It has excellent
expansion potential over and above the already well-defined resource.
Significant infrastructure at site include a working shaft and hoisting system,
extensive underground access through a series of drifts, crosscuts and tunnels
and associated surface facilities. Global is using all efforts to advance the
property into commercial production.


For further information about Global, visit www.globalminerals.com.

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


FORWARD-LOOKING STATEMENTS AND FORWARD-LOOKING INFORMATION: This news release
contains certain forward-looking statements or information within the meaning of
applicable Canadian securities laws, including the consolidation of the
Company's shares and the proposed use of the proceeds from the Financing. These
statements are based on the opinions and estimates of management at the date the
statements are made, and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ materially
from those projected in the forward-looking statements. These factors include
the inherent risks involved in the exploration and development of mineral
properties, the uncertainties involved in interpreting drilling results and
other geological data, fluctuating metal prices, the possibility of project cost
overruns or unanticipated costs and expenses, uncertainties relating to the
availability and costs of financing needed in the future and other factors. The
Company undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change. The reader is
cautioned not to place undue reliance on forward-looking statements. 


This press release does not constitute an offer to sell or solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to a U.S. Person unless
registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Global Minerals Ltd.
William Pincus
President and CEO
604.669.2355
[e-mail]
www.globalminerals.com