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Global Tech Industries Group, Inc. and TCG World Enter into Memorandum of Understanding to Lease and Develop Commercial Land in the Metaverse

New York, NY, Jan. 18, 2022 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that it has entered into a strategic partnership with TCG World (TCG Gaming BV), a company headquartered in The Netherlands, to lease a commercial plot of virtual land within their upcoming Metaverse project. In addition, GTII and TCG World intend to jointly explore further commercial opportunities within TCG World’s Metaverse.

GTII, along with TCG Worlds development team, will construct and develop virtual art galleries to showcase GTII’s art collection on the GTII Plot, which is capable of housing up to 100 virtual structures to display digital art.

David Reichman, GTII’s Chief Executive Officer, stated “The GTII management team, along with our group of technical consultants, continue to impress me with the depth of their acquired knowledge and expertise, moving forward purposefully to establish the Company’s presence in the virtual worlds of digital fine art and the metaverse. The new partnership between GTII and TCG World represents another step in the Company’s further expansion into the metaverse. Once fully developed, GTII will be able to virtually display the Company’s growing art collection.”

David Evans, TCG Worlds Chief Executive Officer, stated, “The TCG World management and development team have worked with the GTII team to explore the possibilities of bringing art into the Metaverse and creating an educational and virtual shopping experience that will provide users all over the world the opportunity to enjoy art they would never have had access to before the creation of the Metaverse. With virtual reality experiences inside the Metaverse, consumers can visualize their purchases before they buy a product or piece of fine art.”

About Global Tech Industries Group, Inc.: GTII is a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies. Visit GTII here https://gtii-us.com/

About TCG World : TCG World is an online open world virtual gaming experience where players can earn TCG Coin 2.0, gather NFT collectibles, own virtual real estate, create, explore the game world and set up their own online businesses,. TCG World introduces a new approach to NFTs making it more than just a piece of art - now players can take their NFTs into the gaming world and play. Everything a player owns in the metaverse is an NFT - real estate, vehicles, pets, trophies and even player avatars. TCG World, consists of 100,000 public plots divided into four main regions; Asia, North, Forest, and East, each with its own city center that offers commercial opportunities. Visit TCG World here https://tcg.world/

Please follow our Company at: www.otcmarkets.com/stock/GTII or at https://gtii-us.com/

Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Global Tech Industries Group, Inc.
511 Sixth Avenue, Suite 800
New York, NY 10011
Info@gtii-us.com

Global Tech Industries Group, Inc. Updates Shareholders on Highlights of Last Twelve Months’ Activities.

Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, is pleased to announce a recitation, for its shareholders, of the Company’s key activities over the last year, as follows:

On January 7, 2022, the Company filed a Form 8-K, with audited financials, upon the closing of the transactions governed by the stock purchase agreement with Bronx Family Eye Care, Inc., Bronx Family Eye Care, Inc. operates four brick-and-mortar locations, three of which are in the Bronx, and one of which is in Manhattan, New York. Bronx Family Eye Care, Inc.’s certified optometrists use cutting-edge equipment to provide diagnosis and treatment for diseases of the eye, as well as corrective eyewear, to residents of the Bronx and Upper Manhattan.

On December 18, 2021, the Company executed a Member Unit Purchase Agreement to acquire 100% of Classroom Salon Holdings, LLC, from Classroom Salon, LLC, which closed on December 30, 2021. Classroom Salon, LLC is a software platform, developed in partnership with Carnegie Mellon University, that utilizes interfaces, workflows and algorithms to observe and understand students’ reactions as they study materials. The analyzed results provide educators a useful tool in understanding students’ areas of interests and needs.

On December 9, 2021, the Company filed an S-1 Registration Statement seeking to register cryptocurrency tokens, which are pegged to the value of GTII’s fine art collection, to be distributed as a dividend to its shareholders at a rate of one (1) token for every ten (10) shares of GTII common stock owned as of a yet-to-be-determined record date. The S-1 is currently being reviewed by the SEC. The date of the proposed distribution will determined as soon as practicable when and if the Registration Statement is declared effective.

On November 9, 2021, the Company executed a definitive stock purchase agreement with Trento Resources and Energy Corp., to engage in a business combination. Trento Resources and Energy Corp. owns 40% of the mining interests of a Copiapo, Chile mine with estimated reserves of over 1,000,000 tons of rare earth minerals and iron. On December 9, 2021, GTII engaged the Chilean law firm of Bertrand-Galindo Barrueto Barroilhet & Cia to complete a due diligence review of the mining concessions, operations, land easements, permits, and assets, as well as advise GTII on applicable local laws and regulatory structures.

On June 17, 2021, the Company announced the successful launch of its cryptocurrency trading platform, beyondblockchain.us. The related mobile application launched on August 18, 2021 on the Apple App Store. Work continues on an ongoing basis to further refine and update the features of the site.

On April 23, 2021, the Company announced that, with the assistance and under the direction of Ronald Cavalier, the Company’s consultant of its planned digital fine art portfolio, GTII purchased an original Picasso etching, ‘Quatre femmes nues et tete sculptee’, which was executed in 1934 on Montval laid paper and published by A. Vollard, Paris in 1939. Subsequently, on June 4, 2021, the Company announced it had acquired an Andy Warhol gelatin silver print of Bianca Jagger on a white horse, taken by Warhol at the famed Studio 54.

On April 8, 2021, the company distributed a dividend in the form of a warrant to its shareholders. The common stock underlying the warrants was subsequently successfully registered with the SEC. The warrants are exercisable until April, 2023, and were issued at a rate of one (1) warrant for each ten (10) shares beneficially owned as of April 1, 2021.

Please follow our Company at: www.otcmarkets.com/stock/GTII 

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas, NV
702.338.2700

Global Tech Industries Group, Inc. and DTXS Auction Ltd. enter into Memorandum of Understanding to Bring Chinese Art into GTII’s Metaverse

Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that is has executed a memorandum of understanding (“MOU”) with DTXS Auction Ltd. (“DTXS”), a wholly owned subsidiary of DTXS Silk Road Investment Holdings Co. Ltd. (“Silk Road”), a Hong Kong corporation listed on the Hong Kong Stock Exchange, aimed at bringing Chinese art and antiques into GTII’s evolving metaverse (“Metaverse”).

As part of GTII’s Metaverse operation, which will include the 1934 Picasso work titled “Quatre Femmes Nues Et Tete Sculptee”, as well as other art in GTII’s collection, the Company is actively engaged in securing up to 100 virtual structures in a decentralized metaverse to develop virtual museums and art galleries. Additionally, GTII has retained a team of consultants to manage the day-to-day Metaverse operation, as well as art dealers specializing in Western art.

Per the MOU, DTXS will endeavor to develop the Metaverse’s first Chinatown art district, which will display art pieces from the greatest eras of Chinese antiquity, including those that have rarely been accessible to Western audiences. Together with DTXS, GTII’s Metaverse museums and galleries will display famous works of art from East to West.

Finally, and in connection with its pending S-1 application for token dividend distribution, GTII plans to develop and implement Play-to-Earn Games linking the Company’s planned GFT Token to a retail environment in the Metaverse.

GTII Metaverse launch is tentatively expected to occur in the second quarter of 2022. The Company will provide periodic updates to shareholders regarding its progress.

David Reichman, GTII’s Chief Executive Officer, stated “GTII has already acquired, and will continue to seek to acquire, European and American art from different periods aimed at offering museums in Metaverse environments, which is an exciting new business opportunity for the Company. GTII, together with DTXS, hopes to offer virtual art world opportunities to its shareholders in order for them to participate in invitation-only NFT auctions, fireside chats, and the chance to acquire virtual shares of historically important collection of art.”

About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

About DTXS Auction Limited. DTXS is a wholly owned subsidiary of DTXS Silk Road Investment Holdings Co. Ltd. Silk Road is Hong Kong Stock Exchange listed company with its principal business in: (i) art auctions and collection- related operations; (ii) production and sales of fine wine; and (iii) properties investment and development. Silk Road’s parent group is a privately-held conglomerate headquartered in Xian, PRC, which focuses on cultural industries, cultural heritage and museum operations, and financial investment covering cultural industries, tourism, galleries and museums, hotels, and other cultural and tourism-related real estate operations. It founded the Tang West Market Museum, which is the only privately owned “First Class State Level Museum” in the Peoples Republic of China.

Please follow our Company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas, NV
702.338.2700

Global Tech Industries Group, Inc. Provides Notice to Warrant Holders Regarding Exercise by Wire or Automated Clearing House (ACH).

New York, NY, Dec. 28, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that is has updated its warrant exercise instructions for warrants received as of the record date of April 1, 2021 (the “Warrants”). Warrant holders can obtain a copy of the updated warrant exercise instructions, as well as the Election to Purchase Warrant Shares form by visiting the GTII website or clicking here1.

The updated warrant exercise instruction letter has been available on the GTII website since December 15, 2021. However, the Company recently learned that the banking information for exercise by wire transfer or Automated Clearing House (“ACH”) provided on the original warrant exercise letter dated April 9, 2021 has been compromised and is no longer able to accept payments. Warrant holders who wish to exercise Warrants by wire transfer or ACH should contact Liberty Stock Transfer, Inc. at inbox@libertystocktransfer.com.

GTII will distribute, by mail, the updated warrant exercise instruction letter and the Election to Purchase Warrant Shares form, as well as a copy of this press release, to holders of the Warrants.

About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our Company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas, NV
702.338.2700

Audio Message from GTII CEO David Reichman

GTII CEO, David Reichman discusses the state of the company and delivers status for the future development of several business sectors.

Listed to Audio Message

 

GTII RETAINS CHILEAN LAW FIRM BERTRAND-GALINDO BARRUETO BARROILHET & CÍA. TO CONDUCT DUE DILIGENCE OF TRENTO MINING PROJECT

New York, NY, Dec. 09, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that is has retained Bertrand-Galindo Barrueto Barroilhet & Cía. (“Bertrand-Galindo”), a firm headquartered in Santiago, Chile, to conduct a due diligence review in connection with Trento Resources and Energy Corp.’s (“Trento Resources”) interest in Inversiones Trento SpA (“Trento SpA) and the related mining concessions at the mine located in Copiapo, Chile, (the “Trento Project”).

Specifically, Bertrand-Galindo will conduct a review of the mining concessions, operations, land easements, permits, and assets related to the Trento Project. The firm will also provide relevant corporate, legal, regulatory, and tax structure guidance as needed by GTII.

About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our Company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas, NV
702.338.2700

GTII SUBMITS PROSPECTUS SEEKING TO REGISTER 26,000,000 CRYPTOCURRENCY TOKENS FOR DIVIDEND DISTRIBUTION OF FINE ART HOLDINGS

New York, NY, Dec. 08, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today it has submitted, to the Securities and Exchange Commission (the “SEC”), a FORM S-1 registration statement which, if approved, would allow the Company to distribute up to 26,000,000 newly minted and registered cryptocurrency tokens as a dividend to GTII shareholders.

Pending SEC approval, the Company would mint 1,000,000,000 cryptocurrency tokens (the “GFT Token”) on the Solana blockchain using the Solana Simple Ledger Protocol (“SLP”) token specification. The GFT Token will then be distributed as a dividend to its shareholders at a rate of one (1) GFT Token for every ten (10) shares of GTII common stock beneficially held as of a yet-to-be-determined record date.

The GFT Token, whose value would be pegged to the value of GTII’s fine art collection, will be distributed from GTII’s digital wallet directly to the digital wallets of eligible shareholders. The Company will retain all balance of the undistributed GTII Token in its digital wallet for future use.

GTII’s Chief Executive Officer, David Reichman, stated “This project has been in development for the last several months, but unlike other endeavors that have demanded our attention within the framework of a quick turnaround, this one has required a different, more laser-like kind of focus and attention. I am proud of the grit and tenacity exhibited by our technical team, as well as management and our other service providers who have brought this effort to this point. The learning curve was very steep, to say the least, and the job done by the entire team is something I’m very proud of. “

About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our Company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas, NV
702.338.2700

GTII UPDATES SHAREHOLDERS ON CLASSROOM SALON, LLC AND TRENTO RESOURCES AND ENERGY CORP

New York, NY, Nov. 22, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today it has extended, for thirty (30) days, the negotiation period with Classroom Salon, LLC (“Classroom Salon”) to December 30, 2021. GTII and Classroom Salon have reached an agreement in principle and anticipate execution of a definitive purchase agreement by December 30, 2021.

Additionally, regarding the Trento Resources and Energy Corp (“Trento”) project, GTII is engaged in discussions to retain an independent accounting and auditing firm, subject to the Public Corporations Accounting Oversight Board (“PCAOB”), to conduct an audit of Trento’s mining projects in Chile and Argentina. GTII will provide an update to shareholders when an accounting firm has been retained.

About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our Company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:
This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas, NV
702.338.2700

GLOBAL TECH INDUSTRIES GROUP, INC. SIGNS STOCK PURCHASE AGREEMENT WITH TRENTO RESOURCES AND ENERGY CORP.

New York, NY, November 10, 2021 (GLOBE NEWSWIRE) – Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today it has entered into a stock purchase agreement (the “SPA”) with Trento Resources and Energy Corp. (“Trento Resources”), a Delaware corporation, and Sean Wintraub (“Mr. Wintraub”), its sole shareholder. Mr. Wintraub is a United Nations global initiative founder who bears Diplomatic Status and has dedicated over 20 years of his life to the development of breakthrough technologies for humanity.

Trento Resources and Energy Corp. www.inversionestrento.com, is a Delaware corporation owned by Mr. Sean Wintraub. He created the company to acquire a 40% interest in Inversiones Trento SpA (‘Trento SpA”), which is a privately-held company registered in Copiapo, Chile, whose purpose is to develop, refine, and sell rare earth minerals and iron (the “Trento Project”).

Trento SpA owns fourteen hundred hectares of mining concessions for rare earth minerals and iron in Chile. (the “Trento Land”). Operations are projected to commence in 2022, with full-scale production expected by the end of 2023.

Conclusions in the Associated Geological Consultants report, (under the NI43101 Canadian Code for Reporting Exploration Results Disclosure Standards for Mineral Projects) estimate 1,028,684.25 million tons of reserves of rare earth minerals and iron, valued at $15,430,290,000 (USD).

Per the SPA, GTII shall issue 100,000,000 shares of its common stock to Mr. Wintraub upon successful closing of a $350,000,000 (USD) bond offering, which proceeds will be used to support large-scale mining operations at the Trento Project.

David Reichman, GTII’s Chief Executive Officer, stated “Almost immediately upon assessing the Trento Project, it became obvious to me that we should pursue this potential partnership with single-minded intention and no hesitation. Notwithstanding the need for a continued clear eye by management and an informed and updated board to guide us, and the completion of the appropriate due diligence, GTII means to move swiftly to secure this unprecedented opportunity”.

Sean Wintraub, Trento Resources’ Chief Executive Officer, added, “ Let me be clear when I say that for continued future growth and success in most industries, those centered in renewable energy technologies and those not, these rare-earth mineral natural resources – lithium, rhodium, and others – are essential, absolutely vital and represent game-changing value. We are honored and excited to bring these valuable resources to the world marketplace. Further, it is the sheer magnitude of these projects that is propelling us to seek out the right partner, whose management team is seasoned, and whose corporate mission has been concerned with the furtherance of businesses and technologies whose goal of supporting a more sustainable planet aligns with those of the Trento Project team”.

About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our Company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Mike King

Princeton Research, Inc.

3887 Pacific Street, Las Vegas, NV

702.338.2700

GLOBAL TECH INDUSTRIES GROUP, INC. ANNOUNCES PLANS TO SPIN-OFF HEALTH SERVICES SUBSIDIARY

New York, NY, Sept. 09, 2021 (GLOBE NEWSWIRE) — Global Tech Industries Group, Inc. (OTCQB: GTII) (“GTII” or the “Company”), www.gtii-us.com, a Nevada corporation, announced today that its Board of Directors has approved the evaluation of a full spin-off of its health services subsidiary, Global Tech Health, Inc.

Bronx Family Eyecare, Inc., which is engaged in the business of full-scope optometry with 4 retail locations and a fabrication facility in New York City, My RetinaDocs LLC, which is the developer and operator of a HIPAA-compliant telemedicine software as a service (SaaS) company enabling on-site and off-site testing in optometric and ophthalmic examinations , and Eyecare and Eyewear Inc., which is a mobile testing solution company geared towards diagnosing diseases of the eye will become subsidiaries of Global Tech Health upon consummation of their acquisition agreements with GTII and prior to the spin-off.

The intended spin-off dividend would be made to GTII shareholders on a pro-rata basis, as of a to-be-determined record date, with each shareholder receiving one share of Global Tech Health for each share of GTII held, as of the record date. The Company also intends to cause Global Tech Health to register its shares with the SEC.

David Reichman, CEO of GTII, commented, “As we continue to evaluate the Company’s various transactions, we believe the Company would operate more efficiently if Global Tech Health pursues a separate and industry-specific strategy that will allow it to focus its resources wholly on its market sector, establish its own distinct investment identity, and align its risk-profile to its specific operations. We believe spinning-off Global Tech Health accomplishes these goals and offers our shareholders an opportunity to participate in any increased value in Global Tech Health that may result from doing so.” Reichman added “Management will continue to evaluate the various business sectors in which the Company is engaged, including emerging internet technologies held and developed by Ludicrous, Inc., as well as waste disposal technology held in BioEnergy Applied Technologies, Inc. We believe they may best be monetized by spinning them out privately to our shareholders.”

About Global Tech Industries Group, Inc.: GTII, a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.

Please follow our Company at: www.otcmarkets.com/stock/GTII

Safe Harbor Forward-Looking Statements:

This press release may contain forward looking statements that are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in our filings with the SEC. Among other matters, the Company may not be able to sustain growth or achieve profitability based upon many factors including but not limited to the risk that we will not be able to find and acquire businesses and assets that will enable us to become profitable. Reference is hereby made to cautionary statements set forth in the Company’s most recent SEC filings. We have incurred and will continue to incur significant expenses in our development stage, noting that there is no assurance that we will generate enough revenues to offset those costs in both the near and long term. New lines of business may expose us to additional legal and regulatory costs and unknown exposure(s), the impact of which cannot be predicted at this time.

Words such as “estimate,” “project,” “predict,” “will,” “would,” “should,” “could,” “may,” “might,” “anticipate,” “plan,” “intend,” “believe,” “expect,” “aim,” “goal,” “target,” “objective,” “likely” or similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of this press release. Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

Mike King
Princeton Research, Inc.
3887 Pacific Street, Las Vegas, NV
702.338.2700