GBLEF - Global Energy Metals Engages North Equities to Support Marketing Initiatives as the Company Advances Its Cobalt-Copper-Nickel Project Portfolio
(TheNewswire)
Vancouver, BC - TheNewswire - February 14, 2022 - GlobalEnergy Metals Corporation ( TSXV:GEMC ) | ( OTC:GBLEF ) | ( FSE:5GE1 ) (“Global Energy Metals”, the “Company” and/or“GEMC ”), a company involvedin investment exposure to the battery metals supply chain, is pleasedto announce it has signed an engagement with North Equities Corp. (“North Equities”).
Mitchell Smith,President and CEO commented:
“ In anticipation of a productive,milestone-driven next several months, fueled by several explorationprograms, both underway and planned, we are excited to be partneringwith the team at North Equities. We are confident that they will beeffective in communicating our successes to the market by targetingnew participants and investors through their social media and provenmarketing platform. ”
The Company has entered into a 4-monthmarketing and consulting contract with Toronto based marketing firm,North Equities Corp. as it continues to advance its multiple batterymetal projects in the World’s top mining jurisdictions whilebenefiting from equity exposure to market peers advancing non-coreassets outside of GEMC’s treasury.
Global Energy Metals has announcedseveral internal initiatives to further explore and advance itsNevada-based Lovelock and Treasure Box projects, both being highlyprospective for cobalt, copper and nickel. The Company recentlycompleted on a limited first-phase drilling program planned to testgeophysical anomalies in the vicinity of the former-producing LovelockMine and confirm intersections of cobalt-nickel-copper bearing veinthat correlates with historical underground mining and mappedsuperficial cobalt-nickel-copper occurrences. Analytical resultsfrom the initial drill program are pending and are expected to bereleased in the next several weeks upon receipt and review by theCompany. In addition, the Bureau of Land Management has granted approval for for a 13hole drill program at the nearby Treasure Boxproject and theCompany is in discussions with several drill contractors. TheCompany also continues to work alongside American Battery TechnologyCompany havingprovided raw material from Lovelock and Treasure Box to undergo theirin-house procedure of developing new first-of-kind processes forproducing battery cathode grade nickel and cobalt metalsulfates.
Additionally, through its variouspartnerships and joint venture relationships, Global Energy isbenefiting form a number of peer driven efforts to advance projectsunder the GEMC portfolio. Having recently raised over $10 million,ASX listed Metal Bank has announced an aggressive diamond andRC drill exploration campaign as part of itsearn-in to theMillennium Project in Queensland, Australia. The Company alsoanticipates benefiting from a £1 millioninitial exploration budget by Metals One plc , a pre-IPO listed company that has enteredinto an agreement with GEMC partner Scandinavian Resource Holdings toacquire a 90% interest in the Råna Nickel Project. GEMC holds a 10% projectlevel interest and 1% net smelter return royalty onRåna.
North Equities Corp. specializes invarious social media platforms and will be able to facilitate greaterawareness and widespread dissemination of the Company's news. Inconnection with the contract, the Company will pay North Equities$60,000 CAD. GEMC and North Equities are considered arm’s lengthsparties and, to the knowledge of the Company, neither North Equitiesnor its principals have any present equity interest in the Company’ssecurities, directly or indirectly, or any right to acquire any equityinterest.
Global Energy MetalsCorporation
(TSXV:GEMC |OTCQB: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 affectedcountries. In addition, a significant outbreak of contagious diseasesin the human population could result in a widespread health crisisthat could adversely affect the economies and financial markets ofmany countries, resulting in an economic downturn that could furtheraffect operations and the ability to finance itsoperations.
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.
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