GBLEF - Global Energy Metals Hosts Webinar to Provide Company Update Highlighting Recent Partnerships Project Monetization Warrant Incentive Program and Upcoming Catalysts
(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 involved in theinvestment exposure to the battery metals supply chain, is pleased toannounce that the Company, in collaboration with Amvest Capital, willhost a webinar on Thursday, February 16th at 4:05pm ET / 1:05pmPT .
Catalysts & Milestones:
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Corporate: The Company wishes toremind holders of Eligible Warrants of its early warrant exerciseincentive program intended to encourage the early exercise of up to13,506,500 share purchase warrants that were issued pursuant to threenon-brokered private placements that closed in September 2020, May2021 and March 2022. The Program will expire on February 27, 2023, at4:00 p.m. PST.
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Nevada: Following recentidentification of new cobalt, copper, and nickel targets by EarthlabsInc., the Company engaged Dahrouge Geological Consulting USA Ltd. toconduct field mineral exploration activities at the Lovelock andTreasure Box projects. Dahrouge Geological has since carried out anumber of exploration initiatives to ground truth the Earthlabs’findings and further define the scale and scope of the prospectiveNevada-based battery metals projects. This work is intended to supportand potentially modify the proposed drill program for the Treasure Boxproject and refine targets for a follow-up drill program at theLovelock project
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Earthlabs was engaged to apply their proprietarymachine learning applications (“AI”) and geoscience expertise toassist the Company in expanding discoveries and identifying newhigh-priority target areas.
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A total of 30 exploration targets have been identified,15 on the Lovelock Project and 15 targets identified on the TreasureBox Project. Dahrouge completed a sampling program confirming thepotential of these targets.
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Sampling program at Treasure Box included Copper Assaysup to 36.4% Copper.
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Samples assayed at Lovelock included 4.82% Cu, 0.546%Co, 0.309% Ni and 32.3g/t Ag.
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Queensland: Partner Metal Bank Ltd. (ASX:MBK) solefunded in excess of $1 million in a 2022 exploration work at theMillennium Cobalt-Copper project. The drilling extended the Resourcealong strike, deeper down dip with deeper diamond holes confirming theexisting model for the resource. Metal Bank has given notice to electto form the Mil lennium Joint Venture with MBKholding a 51% joint venture interest and GEMC holding a 49% interestin the Project. MBK will now move to Stage 2 of the JV to increase itsjoint venture interest to 80%. Resource upgrade work hascommenced.
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Norway: Entered into a strategicpartnership with Kingsrose Mining (ASX: KRM) to advance the RånaNickel-Copper-Cobalt Project in Norway. Kingsrose committed to spendup to $15 Million in exploration expenditures on the property. GEMChas a carried strategic interest and maintains a 1% NSRroyalty.
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Ontario: Completed sale of the Werner Lake Cobalt project to High-Tech MetalsLimited for $50,000 and 2,500,000 shares. Global Energy now holds 7.6%in High-Tech following High-Tech closing AUD $4.718 million as part ofits IPO to the ASX.
Exposure to an ElectrifiedFuture:
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Continually evaluate new opportunities through supplychain exposure to battery and electric minerals and associatedeMobility technologies.
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Engage and work with key marketing and strategicpartners to strengthen corporate standing.
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Benefitting from project-funded programs advancingproperties GEMC has direct and indirect exposure.
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Further monetizeexisting projects through partnership strategy to unlock value andadvance projects for the Company while maintaining exposure to theproject potential.
Current Projects &Holdings:
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85% interest in Nevada-based Lovelock Mine TreasureBox projects in Nevada, USA
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50% interest in the Monument Peak Copper-Silver-GoldProject in Idaho, USA
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Strategic investment NSR for Class-1 Nickel project inNorway
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49% interest Millennium Cobalt-Copper-Gold project inQueensland, Australia
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100% interest in Mount Dorothy and Cobalt Ridgeprojects in Queensland, Australia
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50% interest in the Chance Lake Ni-Co-Cu-project inNunavik Territory, Quebec and the Amiral Ni-Cu-PGE project inGrenville Region, Quebec, Canada
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1.35 million share equity holding in Electric RoyaltiesLtd. (TSX-V: ELEC)
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31.25 million share equity holding in Metal Bank Ltd.(ASX: MBK)
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2.5 million share equity holding in High-Tech MetalsLtd. (ASX: HTM)
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0.257 million share equity holding in Marquee Resources(ASX: MQR)
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0.637 million share equity holding in Sceptre VenturesInc (TSX-V: SVP)
In this live webinar with Global Energy’s CEO andDirector, Mitchell Smith, attendees will be provided with an update onrecent milestones including field exploration work at the Lovelock andTreasure Box projects in Nevada, partner funded developments at theMillennium Cobalt-Copper project in Australia, sale of the Werner Lakeproject in Ontario, partnership with Kingsrose Mining on the RånaNickel project in Norway, repricing and incentivizing warrant holdersto exercise warrants to strengthen corporate treasury, and an overallupdate on anticipated catalysts at a time when fundamentals remainsupported by growing metals demand driven by decarbonization andelectrification.
This will be a live, interactive, online event whereinvestors are invited to ask the company questions in real-time. Ifattendees are not able to join the event live on the day of theconference, an archived webcast will also be made available after theevent.
Details to register for the webinarare below.
DATE: Thursday, February 16th,2022
TIME: 1:05pm PDT / 4:05pm EDT
REGISTER FREE: TheAmvest Capital - Global Energy Metals Webinar
The Amvest Capital webinar will be held on Thursday,February 16th at 4:05pm ET / 1:05pm PT. Global Energy Metals invitesindividual and institutional investors, as well as advisors andanalysts, to attend this real-time, interactive live webinar by registeringhere .
Global Energy Metals is developing a strong,diversified portfolio of strategic battery mineral projects that arewell positioned for further exploration and development at a time whenthere is renewed interest in the battery minerals sector as price fundamentals are realigning due to the muchanticipated surge in demand and market growth that is supported by aglobal movement towards electric vehicle and new energy storageadoption.
Global Energy Metals' current portfolio of cobalt,copper and nickel project and equity based holdings is well exposed tothis global transition towards a lower-carbon economy.
About AmvestCapital
Amvest Capital is a New York-based specialistinvestment management and corporate finance firm focused solely on thenatural resources sector. You can learn more about Amvest Capital andits webinars at https://www.amvestcapital.com/webinars.
Global Energy Metals Corporation
(TSXV:GEMC |OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. offers investment exposure to the growingrechargeable battery and electric vehicle market by building adiversified global portfolio of exploration and growth-stage batterymineral assets.
Global Energy Metals recognizes thatthe proliferation and growth of the electrified economy in the comingdecades is underpinned by the availability of battery metals,including cobalt, nickel, copper, lithium and other raw materials. Tobe part of the solution and respond to this electrification movement,Global Energy has taken a ‘consolidate, partner and invest’approach and in doing so have assembled and are advancing a portfolioof strategically significant investments in battery metalresources.
As demonstrated with our currentcopper, nickel and cobalt projects in Canada, Australia, Norway andthe United States, we’re investing-in, exploring and developingprospective, scaleable assets in established mining and processingjurisdictions in close proximity to end-use markets. We’re targetingprojects with low logistics and processing risks, so that they can befast tracked to enter the supply chain in this cycle. We’realso collaborating with industry peers to strengthen our exposure tothese critical commodities and the associated technologies requiredfor a cleaner future.
Securing exposure to these criticalminerals powering the eMobility revolution is agenerational investment opportunity. We believe the the time to bepart 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.
We seek safeharbour.
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