GeoGlobal Registration Statement Effective

GeoGlobal Resources announced that its registration statement filed April 30, 2004 with the U.S. Securities and Exchange Commission relating to the public resale of an aggregate of 10,308,334 shares of the Company's common stock had been declared effective by the Commission on June 14, 2004. The registration statement includes 6,728,334 shares that are issued and outstanding and 3,580,000 shares that are issuable on exercise of outstanding common stock purchase warrants.

The securities registered include 6,000,000 shares of common stock and warrants to purchase 3,580,000 shares of common stock issued in a private sale of the Company's securities in December 2003. Of the warrants, 3,000,000 are exercisable through December 23, 2005 at a price of $2.50 per share and 580,000 are exercisable through December 23, 2005 at a price of $1.50 per share, subject to anti-dilution adjustment and acceleration of the expiration date under certain circumstances.
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