Global Oil & Gas (ASX:GLV) has issued 225,000,000 ordinary fully paid shares at an issue price of $0.002 per share in completion of a Placement to sophisticated and professional investors.

The company is focused on identifying, exploring and developing Energy & Resource assets within Australia and globally.

Global Oil & Gas was listed in May 2005 with a market cap of $4.12M.

It currently has 2.06B shares issued.