Setting Our Sites on Low Cost Copper

Global Hunter's La Corona de Cobre project is over 15,000 hectares of land located in the Coast Range of the Andean Cordillera, Chile, an area often referred to as the Chilean Iron Belt.

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Message: Global Hunter $2.5-million convertible debenture

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 12, 2010.

Convertible debenture: $2.5-million

Conversion price: convertible into units consisting of one common share and one-half of one common share purchase warrant at six cents of principal outstanding

Maturity date: 18 months from date of advance

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