GTSO Acquires Global Cell Buyers

GTSO Resources, the mining subsidiary of Green Technology Solutions, Inc. GTSO, achieved a major milestone in its quest to expand into the booming urban mining business this week by completing the acquisition of e-waste recycling start-up Global Cell Buyers (GCB). Urban mining is the process of reclaiming materials such as gold, palladium, rare earths and other valuable metals from discarded and obsolete electronics. GCB's current focus is the purchase of obsolete smartphones for resale or recycling, but GTSO plans to enlarge the company's intake capacity in order to capitalize on additional lucrative waste streams, including tablet computers, flat-screen televisions, laptops and other mineral-rich electronics. See full press release