GBLEF - Global Energy Metals Applies to Trade on the OTCQB to Increase Visibility of its Battery Metals Exposure in the U.S. Capital Markets
(TheNewswire)
Vancouver, BC - TheNewswire - June 25, 2021 - Global Energy MetalsCorporation ( TSXV:GEMC ) | ( OTC:GBLEF ) | ( FSE:5GE1 ) (“Global Energy Metals”, the“Company” and/or “GEMC ”), a company involved in the investment exposure to the batterymetals supply chain, is pleased to announce that it has submitted itsapplication to trade its common shares on the OTC VentureMarket (OTCQB) in theUnited States.
The company will provide furtherinformation once its common shares commence trading on the OTCQB, aU.S. based trading platform operated by the OTC Markets Group of NewYork.
Mitchell Smith,President & CEO commented:
“We are beingattentive to investor demand within a nation that is seeking newinvestment exposure opportunities to the growing demand for a NorthAmerican sourced critical material supply chain. This will be atimely milestone for the Company as we continue to grow and develop amulti-jurisdictional U.S. footprint for battery metals such as copper,cobalt and nickel. We believe that the company is in the idealposition to trade on the OTCQB Market and gain the increasedvisibility that the OTCQB provides.”
Global Energy's stock is currentlytraded on the OTC Pink Sheets underthe symbol GBLEF . Thecompany believes that trading on the OTCQB market will enhanceliquidity as well as increase the company's visibility in U.S. capitalmarkets. Global Energy Metals continues to trade on the TSX VentureExchange under its symbol GEMC as well as on the Frankfurt Exchange,under its symbol 5GE1.
The OTCQB Market is the premieremarketplace for early stage and developing U.S. and internationalcompanies that are committed to providing a high-quality trading andinformation experience for their U.S. investors. The OTCQB qualitystandards provide a strong baseline of transparency as well as thetechnology and regulation to improve the information and tradingexperience for investors.
To learn more about how OTC Marketscreates better informed and more efficient markets,visit www.otcmarkets.com .
Global Energy MetalsCorporation
(TSXV:GEMC | OTC:GBLEF| FSE:5GE1)
Global Energy Metals Corp. offersinvestment exposure to the growing rechargeable battery and electricvehicle market by building a diversified global portfolio ofexploration and growth-stage battery mineral assets.
Global Energy Metalsrecognizes that the proliferation and growth of the electrifiedeconomy in the coming decades is underpinned by the availability ofbattery metals, including cobalt, nickel, copper, lithium and otherraw materials. To be part of the solution and respond to thiselectrification movement, Global Energy Metals has taken a‘consolidate, partner and invest’ approach and in doing so haveassembled and are advancing a portfolio of strategically significantinvestments in battery metal resources.
As demonstrated withthe Company’s current copper, nickel and cobalt projects in Canada,Australia, Norway and the United States, GEMC is investing-in,exploring and developing prospective, scaleable assets in establishedmining and processing jurisdictions in close proximity to end-usemarkets. Global Energy Metals is targeting projects with low logisticsand processing risks, so that they can be fast tracked to enter thesupply chain in this cycle. The Company is also collaborating withindustry peers to strengthen its exposure to these criticalcommodities and the associated technologies required for a cleanerfuture.
Securing exposure tothese critical minerals powering the eMobility revolution is agenerational investment opportunity. Global Energy Metals believe thethe time to be part of this electrification movement.
For FurtherInformation:
Global Energy MetalsCorporation
#1501-128 West PenderStreet
Vancouver, BC, V6B 1R8
Email: info@globalenergymetals.com
t. + 1 (604) 688-4219
www.globalenergymetals.com
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Cautionary Statementon Forward-Looking Information:
Certain informationin this release may constitute forward-looking statements underapplicable securities laws and necessarily involve risks associatedwith regulatory approvals and timelines. Although Global Energy Metalsbelieves the expectations expressed in such forward-looking statementsare based on reasonable assumptions, such statements are notguarantees of future performance and actual results or developmentsmay differ materially from those in the forward-looking statements.Except as required by law, the Company undertakes no obligation toupdate these forward-looking statements in the event thatmanagement’s beliefs, estimates or opinions, or other factors,should change.
GEMC’s operationscould be significantly adversely affected by the effects of awidespread global outbreak of a contagious disease, including therecent outbreak of illness caused by COVID-19. It is not possible toaccurately predict the impact COVID-19 will have on operations and theability of others to meet their obligations, including uncertaintiesrelating to the ultimate geographic spread of the virus, the severityof the disease, the duration of the outbreak, and the length of traveland quarantine restrictions imposed by governments of affected countries. Inaddition, a significant outbreak of contagious diseases in the humanpopulation could result in a widespread health crisis that couldadversely affect the economies and financial markets of manycountries, resulting in an economic downturn that could further affectoperations and the ability to finance its operations.
For more informationon Global Energy and the risks and challenges of their businesses,investors should review the filings that are available atwww.sedar.com.
Neither TSX VentureExchange nor its Regulation Services Provider (as that term is definedin the policies of the TSX Venture Exchange) accepts responsibilityfor the adequacy or accuracy of this release.
We seek safeharbour.
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