GBLEF - Global Energy Metals to Showcase Battery Metals Investment Exposure Including Recent Copper Nickel and Cobalt Acquisitions During Virtual PDAC 2021

March, 04 2021 09:03 AM Global Energy Metals

(TheNewswire)

Vancouver, BC - TheNewswire - March 4, 2021 - Global Energy MetalsCorporation ( TSXV:GEMC ) | ( OTC:GBLEF ) | ( FSE:5GE1 ) (“Global Energy Metals”, the“Company” and/or “GEMC ”) is pleased to announce that the Company will be showcasingits investment exposure to the electrified future through its growingportfolio of jurisdictionally-safe, battery metals projects during the PDACInternational Convention, Trade Show & InvestorsExchange being heldvirtually March 8th thru 11th, 2021.

Company representatives will beavailable daily at the Global Energy Metals Corp. booth within the Investors ExchangeExhibitor Portal fromMarch 8th to 11th during the virtual conference.

One-on-one meeting with management canbe scheduled using the online booking details within the virtualexhibitor portal.

GEMC has recently announced a series of corporatebuilding milestones, including a fifty percent interest in a portfolio ofcopper-silver and copper-nickel-cobalt projects located in Idaho, USAand Quebec, Canada , a strategic investment inan advanced and highly prospective nickel project inNorway , the strengthening of teamand capital markets experience , andthe monetization of theCompany’s Australian-based battery mineral asset portfolio allowingfor a meaningful interest in Electric Royalites , all within the scope of providing shareholders with a wayto participate in and gain exposure to this highly leveraged segmentof the next wave in battery supply chain investment as the worldtransitions to sustainable clean energy using batterytechnology.

Global Energy Metals is developing a strong,diversified portfolio of strategic battery mineral projects andbelieves its projects are well positioned for further exploration anddevelopment at a time when there is renewed interest in the batteryminerals 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 ofcobalt, copper and nickel holdings iswell exposed to this global transition towards a lower-carboneconomy.

Figure 1. Pipeline of Growth StageBattery Metal Projects in Top-Tier Mining Jurisdictions.

Click Image To View Full Size

Nevada, USA

- - Tops the world for investmentbased on the Investment Attractiveness Index by the Fraser Institute .
  
  - 85% interest in the Lovelock Cobalt-Nickel Mine & Treasure BoxProjects.

Idaho, USA

- - Ranked 9th in the world forinvestment based on the Investment Attractiveness Index by FraserInstitute, Idaho is a jurisdiction that continues to attractinvestment including numerous financings and transactions.
  
  - LOI to acquire a 50% workinginterest in the Monument Peak Copper-Silver-Gold Project .

Queensland, Australia

- - Considering both policy &mineral potential, Australia is the most attractive region in theworld for mining investment according to the Fraser Institute.
  
  - 100% interest in the Millennium Cobalt-Copper-Gold Project & the MountIsa Projects .

Rana, Norway

- - Norway continues to lead thecharge in electric vehicle adoption and is leveraging its plentifulrenewable green energy sources to establish a European presence as asustainable battery manufacturing hub.
  
  - LOI to acquire a 10% interest and1% NSR on the RånaNickel Project and past-producing Bruvann Mine .

Ontario, Canada

- - The combination of naturalresources and a highly-skilled workforce creates a unique opportunityfor Canada to become a major player in a sustainable value chain for batterymaterials.
  
  - 70% interest in the Werner Lake Cobalt-Copper Project .

Quebec, Canada

- - The province strongly supports andencourages mining exploration and investment and remains committed tobuilding a clean energy future that will support the natural resourcesectors through commitment to its environmental record, economicgrowth and the creation of good-quality jobs.
  
  - LOI to acquire a 50% workinginterest in the Chance Lake Ni-Co-Cu project in Nunavik Region, Quebec and theAmiral Ni-Cu-PGE project in Grenville Region,Quebec .

GEMC’s management believes these projects and othercorporate building accomplishments along with upcoming catalystsshould significantly increase the Company’s long-term growth outlookand enhance its access to not only capital but also strategicpartnerships seeking exposure to jurisdictionally safe batterymetals.

PrivatePlacement:

The Company previously announced aprivate placement offering, subject to Exchange approval, for aminimum of 2,000,000 units (the “Units”) of the Company at a priceof $0.25 per Unit (the “Offering”), with each Unit comprised ofone share and one transferrable share purchase warrant (a“Warrant”). Each transferrable warrant will be exercisable topurchase an additional share of the Company for a period of 24 monthsfrom the closing date at a price of CAD$0.30, subject toacceleration.

The net proceeds of the Offering will beused to fund the acquisition of the Monument Peak, Amiral and ChanceLake projects (the “Acquisition”) as well as for businessdevelopment and working capital purposes.

For details on the financing and Acquisition pleaserefer to the Company’s news releasedated March 2, 2021 .

Additionally, the Company wishes to report that theB.C. Registrar of Companies has granted an extension of 4 months toOctober 31, 2021, for GEMC to hold its annual general shareholdermeeting as required to be held under the BC Business CorporationsAct.

Global Energy MetalsCorporation

(TSXV:GEMC | OTC:GBLEF| FSE:5GE1)

Global Energy Metals is focused onoffering investment exposure to the raw materials deemed critical forthe growing rechargeable battery market, by building a diversifiedglobal portfolio of battery mineral assets including project stakesand sector specific equity positions. GEMC anticipates growing itsbusiness through the acquisition and development of battery mineralprojects alongside key strategic partners. The Company holds 100%of the Millennium Cobalt Project and two neighbouring discovery stageexploration- stage cobalt assets in Mount Isa,Australia positioning it as a leading cobalt-copper explorer anddeveloper in the famed mining district in Queensland, Australia. TheCompany holds an 85% interest in two battery mineral projects, theLovelock Cobalt Mine and Treasure Box Project, located on the doorstepof the world’s largest lithium-ion battery production plant,GigaNevada that Tesla Motors Ltd. and partner Panasonic Corp. havebuilt in Nevada, USA. Additionally, the Company holds a 70%interest in the past-producing Werner Lake Cobalt Mine project inOntario, Canada.

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

Twitter: @EnergyMetals | @USBatteryMetals | @ElementMinerals

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 isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease.

We seek safeharbour.

Company Name:	Global Energy Metals
Stock Symbol:	GBLEF
Market:	OTC
Website:	globalenergymetals.com