Global Battery Metals Announces Minsur's Termination of its Option to Acquire the Lara Copper Project, Peru

(TheNewswire)

Vancouver, British Columbia –November 10, 2025 – TheNewswire – Global Battery MetalsLtd. (the “ Company ” or “ GBML ”) (TSXV: GBML; OTCQB: REZZF; Frankfurt: REZ), aninternational critical mineral exploration company focused ongrowth-oriented lithium, copper and battery metal projects, announcesthat it has been notified by Minsur S.A. (“ Minsur ”) of its intention torelinquish its option to acquire the Company’s 55%-owned Lara CopperProject in southern Peru.

The Laura Copper Project was subject to an Option and RoyaltyAgreement entered into in July, 2020 with  Lara Exploration Ltd.(“LRA”), through their Minas Dixon subsidiary, for the sale of theLara Copper Project to Minsur.

The Lara Copper Project comprises mineral rights covering a partlydefined copper-molybdenum porphyry deposit, located in the LaramateProvince of the Ayacucho Department, approximately 40km inland fromthe town of Palpa on the Panamerican Highway.  To date 9,850 metresof diamond and reverse circulation drilling have been completed,outlining a mineralized footprint of 2,000 metres east to west andbetween 500 metres and 800 metres north to south

Additional details on the Lara Project can also be found on GBML’swebsite at https://gbml.ca/projects/lara-property.

Management of GBML is working its partners to determine next steps forthe project.

About Global Battery MetalsLtd.

GBML is an international mineral exploration and development companywith a focus on lithium, copper and other metals that comprise andsupport the rapid evolution to battery power. GBML currently maintainseconomic interests in two battery metal projects: (1) a 100% interestin the Lithium King Property in Utah; and (2) a 55% stake inPeru-based Lara Copper Property, which has over 10,000 metres ofdrilling.. GBML’s common shares are listed on the Exchange (TSXV:GBML); Frankfurt Stock Exchange (FSE: REZ); and are quoted on the OTCMarkets (OTCQB: REZZF).

Global Battery Metals Ltd.

Michael Murphy BA, MBA, MSc., ICD

President & CEO

T: 604-428-6128

E: MM@gbml.ca

W: www.gbml.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider(as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding“Forward-Looking” Information

This news release contains certain “forward-looking information”and “forward-looking statements” (collectively “forward-lookingstatements”) within the meaning of applicable securitieslegislation. All statements, other than statements of historical fact,included herein, without limitation, statements relating the futureoperations and activities of the Company, are forward-lookingstatements. Forward-looking statements are frequently, but not always,identified by words such as “expects”, “anticipates”,“believes”, “intends”, “estimates”, “potential”,“possible”, and similar expressions, or statements that events,conditions, or results “will”, “may”, “could”, or“should” occur or be achieved. Forward-looking statements in this news releaserelate to, among other things, among other things, exploration plansfor the Company’s various projects.  There can be no assurance thatsuch statements will prove to be accurate, and actual results andfuture events could differ materially from those anticipated in suchstatements. Forward-looking statements reflect the beliefs, opinions,and projections on the date the statements are made and are based upona number of assumptions and estimates that, while consideredreasonable by the Company, are inherently subject to significantbusiness, economic, competitive, political and social uncertaintiesand contingencies. Many factors, bothknown and unknown, could cause actual results, performance, orachievements to be materially different from the results, performanceor achievements that are or may be expressed or implied by suchforward-looking statements and the parties have made assumptions andestimates based on or related to many of these factors. Such factorsinclude, without limitation, the ability to obtain requiredshareholder and regulatory approvals. Readers should not place unduereliance on the forward-looking statements and information containedin this news release concerning these items. Readers are urged torefer to the Company's reports, publicly available through theCanadian Securities Administrators' System for ElectronicDocument Analysis and Retrieval (SEDAR+) at www.sedarplus.ca for a more complete discussion ofsuch risk factors and their potential effects. The Company does notassume any obligation to update the forward-looking statements ofbeliefs, opinions, projections, or other factors, should they change,except as required by applicable securities laws.

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