GeoGlobal Resources Inc. - 2010-10-13

Entered a definitive agreement with an institutional investor for a registered direct placement of approximately C$2.5 million of common stock at a price of C$0.85 per share. The company will issue a total of approximately 2.9 million shares to the institutional investor. Rodman & Renshaw LLC, a subsidiary of Rodman & Renshaw Capital Group Inc., is the exclusive placement agent.