Released on = June 27, 2006, 8:29 am

Press Release Author = Econ Corporate Services, Inc

Industry = Industrial

Press Release Summary = China and India Represent Key Drivers in the Growing Global
Demand and Prices for Molybdenum as Steel and Energy Production Needs Increase

Press Release Body = MiningSectorStocks.com - New Featured Mining Company Globetech
Ventures Corp Targets Molybdenum and Gold Potential on Gladys Lake Property

China and India Represent Key Drivers in the Growing Global Demand and Prices for
Molybdenum as Steel and Energy Production Needs Increase

POINT ROBERTS, WASH, DELTA B.C. - June 27, 2006 - www.MiningSectorStocks.com (MSS)
and www.Gold-MiningStocks.com (GMS), investor and industry portals for the gold and
mining sector, announce new featured mining company Globetech Ventures Corp. (OTCBB:
GTVCF) as they focus on exploring the molybdenum and gold targets on the Gladys Lake
Property in British Columbia.

Molybdenum (Mo) has realized significant growth over the past few years with a price
that has appreciated beyond that of its base metal counterparts such as copper,
uranium, aluminum, nickel etc. Mo has a variety of uses; a list that continues to
expand as its heat and corrosion resistant properties makes it ideal as an
ingredient for metallurgical applications. Currently, metallurgical applications
comprise approximately 75% of the global molybdenum consumption according to the
International Molybdenum Association.

Mo is also realizing an increasing number of uses as a catalyst in the energy sector
enabling supply increases and improved environmental protection. As a catalyst
Molybdenum plays its largest role within the petroleum industry as it helps to
reduce the costs associated with unconventional oil sources such as tar sands.

The surge in price performance of Mo in large part is being driven by the
significant economic growth in China and India, regions that have pushed up demand
for steel products, and escalated their energy consumption through a booming
construction industry.

Globetech Ventures Corp is working to take advantage of the expanding Molybdenum
market through the exploration and development of mineral properties such as the
Gladys Lake Property in British Columbia, which according to the Company has an
excellent anomalous soil footprint and weakly mineralized surface showings of
molybdenite. The property consists of 50 new grid claims or cells with each cell
approximately 300 metres by 500 metres in size.

The Gladys Lake property hosts a molybdenum deposit similar in tenor and size to the
Adanac Deposit to the south. Adanac Moly Corp completed a feasibility study on their
Ruby Creek property, located approximately 28 kilometers from the Gladys Lake
Property, indicating potential production of 68 million pounds of molybdenum over a
six year period.

According to Casey Forward, Globetech's President, "The Company intends to construct
a grid over the previously established molybdenum anomaly and relocate and
re-evaluate it by taking approximately 600 soil samples. In addition a magnetometer
and low frequency electromagnetic geophysical survey will be done to establish local
structure and confirm Amax\'s ring-dyke complex. After completion the Company intends
to commence diamond drilling."

In addition to Globetech's focus on the Molybdenum targets, the Company will also
evaluate the property\'s potential gold mineralization.

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Featured Mining Portal Sponsor: (MSS and GMS are compensated by Globetech Ventures
as disclosed in disclaimer below)

Globetech Ventures Corp. (OTCBB: GTVCF) For Additional Information Please Visit:
http://www.miningsectorstocks.com/CO/GTVCF/Default.asp
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are currently compensated for by its \"featured companies,\" Globetech Ventures Corp.
(OTCBB: GTVCF), four thousand dollars per month, plus a one-time five thousand
dollars equivalent in shares.
For more information contact:
Ann-Marie Fleming 866.725.2554
Email: afleming@investorideas.com
Web Site: www.InvestorIdeas.comT

Source: MiningSectorStocks.com, Globetech Ventures Corp



Web Site = http://www.miningsectorstocks.com

Contact Details = Ann-Marie Fleming 866.725.2554
Email: afleming@investorideas.com
Web Site: www.InvestorIdeas.comT