Global Energy Resources Intl : Completion of Subscription of New Shares under General Mandate

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This announcement appears for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

Global Energy Resources International Group Limited

環球能源資源國際集團有限公司

(continued in the Bermuda with limited liability)

(Stock Code: 8192) COMPLETION OF SUBSCRIPTION OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcement (the "Announcement") of Global Energy Resources International Group Limited (the "Company") dated 4 January 2017. Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

The Board is pleased to announce that all the conditions of the Subscription Agreements have been fulfilled and completion of the Subscription took place on 18 January 2017 whereby a total of 115,153,225 Subscription Shares were allotted and issued to the Subscribers at the Subscription Price of HK$0.329 per Subscription Share.

The Subscription Shares represent 20.00% of the existing issued share capital of the Company immediately before completion of the Subscription and approximately 16.67% of the issued share capital of the Company as enlarged by the Subscription Shares.

By order of the Board

Global Energy Resources International Group Limited Chan Kwok Wing

Chief Executive Officer and Executive Director

Hong Kong, 18 January 2017

As at the date of this announcement, the board of Directors comprises Mr. Chan Kwok Wing, Mr. Wang An Zhong, and Mr. Zhao Liang as executive Directors and Mr. Leung Wah, Ms. Sun Ching and Ms. Wong Mei Ling as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the GEM website at www.hkgem.com on the "Latest Company Announcements" page for at least 7 days from the date of its posting and on the Company website at www.8192.com.hk.