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GLOBAL RESOURCES ANNOUNCES 123 PERCENT REVENUE GROWTH AND IMPROVED PROFITABILITY FOR 1991

 GLOBAL RESOURCES ANNOUNCES 123 PERCENT REVENUE GROWTH
 AND IMPROVED PROFITABILITY FOR 1991
 FALLBROOK, Calif., April 20 /PRNewswire/ -- Global Resources Inc. (NASDAQ: GLRS) on April 16 announced revenues of $823,751 for the year ended Dec. 31, 1991. That figure represents an increase of approximately 123 percent over the previous year's revenue of $369,316.
 The company also reported a net income of $264,824 or 43 cents per share for recession-plagued 1991, compared to a net loss of ($86,014) or (14 cents) a share for the previous year.
 Global operates an annual "Alaska Trip" to Nome, which is sponsored by the Gold Prospectors Association of America, also headquartered in northern San Diego County. The Alaska Trip (early July through mid- August) is already sold out for 1992.
 Listed on NASDAQ as "GLRS," Global also operates and maintains deeded prospecting and camping properties throughout the United States. Inquiries should be directed to: Perry Massie, Global Investor Relations, P.O. Box 3040, Fallbrook, CA 92088, 619-728-6620.
 -0- 4/20/92
 /EDITOR'S NOTE: Photographs available upon request./
 /CONTACT: Perry Massie of Global Resources, 619-728-6620/
 (GLRS) CO: Global Resources Inc. ST: California IN: SU: ERN


DM-JL -- SD001 -- 9892 04/20/92 09:32 EDT
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Publication:PR Newswire
Date:Apr 20, 1992
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