Business Development

The Company was incorporated in Nevada on July 24, 1998 under the name Charger Ventures, Inc. On March 30, 2000, the name was changed to its current name, Global Industrial Services Inc. The Company has a limited history of operations and no history of profitability.

The Company was initially organized to explore and develop mineral claims and properties in Ontario, Canada. Pursuant to an Option to Purchase Property Agreement dated August 1, 1998 between the Company and Carl Huston, the Company was granted an option to acquire a 100% interest in the Huston Claims located 80 kilometres east of the town of Red Lake, Ontario, Canada. The Huston...