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Global Private Group is pleased to announce that it has signed a Commitment Letter under which Global Private Group is going to act as lead arranger of up to a US$ 1 Billion senior debt financing facility.

() Global Private Group Announces Signing of Project Financing Commitment Letter

Global Private Group is pleased to announce that it has signed a Commitment Letter under which Global Private Group is going to act as lead arranger of up to a US$ 1 Billion senior debt financing facility (the "Global Senior Debt Facility") to complete the construction and start-up of Major Iron Ore Project.

The Global Private Group Commitment Letter does constitute a commitment to provide financing.

"The signing of the Commitment Letter with Global Private Group represents a significant..

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