GLOBAL TECH INDUSTRIES GROUP, INC.’s BEGINS WARRANT DISTRIBUTION MAILING

New York, April 12, 2021 (GLOBE NEWSWIRE) -- (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or the “Company”), www.gtii-us.com announced today that it has commenced the shareholder mailing that provides the general terms and information regarding the Warrant Distribution, which will continue throughout the week. This will advise all GTII shareholders of the Warrant distribution and how they can claim their dividend in the form of a Warrant if they choose to participate.

As a reminder, the general terms of the Warrant Distribution provide that the Company’s shareholders of record as of April 1, 2021, will receive 0.10 of a Warrant for each share of the Company’s common stock held as of the record date. Each full Warrant will represent the right to purchase one share of common stock for cash at an exercise price of $2.75 per share.

As the Warrants are not DTC eligible, they will be processed by the Company’s transfer agent as follows:

●	All Warrants will be issued in book-entry form.
●	If you are a registered shareholder of the Company and hold your common stock shares in certificate or book-entry you need not do anything to receive your Warrants, as the transfer agent will issue your Warrants directly to your account via book-entry.
●	If you hold your common stock shares in “street name,” through banks, brokers or other DTC participants, the transfer agent will allocate Warrants to each participant based upon their DTC position as of the record date. The participant should ensure that each of their beneficial owners are properly allocated the Warrants from their Warrant allocation from the transfer agent.
●	If your Warrants have been allocated to your account by your broker, you may move your Warrants to direct registration with the Company by requesting your broker to contact the transfer agent. Upon contact from the broker, the transfer agent will move your Warrants from your broker to a book entry account in your name.

Inquiries from shareholders or participants regarding the Warrant Distribution can be directed as follows: