Global Resource director has 15.9% ownership interest

By Lisa Kerner

Charlotte, N.C., Sept. 12 - Global Resource Corp. shareholder and director Paul Sweeney reported beneficial ownership of approximately 10.1 million shares, or 15.9%, of the company's common stock.

Since Feb. 1, 2007 Sweeney has acquired 3,749,387 shares priced from $1.00 to $1.11 each, plus warrants to purchase an additional 3,749,387 shares at an exercise price of $2.00 per share.

On Sept. 9, Sweeney received 1.5 million shares from Global Resource as consideration for consulting services under an investor relations agreement.

Global Resource is a petrochemical technology company based in West Berlin, N.J.

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