Global Energy Metals Corp. | | is pleased to announce that in seeking to capitalize on rising interest in the battery minerals sector as global adoption of electric vehicles significantly increases that the Company has formed a new, wholly-owned U.S subsidiary - U.S. Battery Metals Corporation. On September 30th, 2020, U.S. President Donald Trump said "a strong America cannot be dependent on imports from foreign [...]
Global Energy Metals Corp. | | is pleased to announce that it has completed the second and final tranche closing of the previously announced non-brokered private placement . The Company intends to use the net proceeds from the Offering to fund the announced acquisition of an 85% interest in the Lovelock and Treasure Box projects, two highly prospective battery mineral projects in Nevada with strong enrichment in nickel [...]
Global Energy Metals Corp. | | is pleased to announce that it has received TSXV Exchange approval and will be moving forward with the acquisition of an 85% interest in the in the Nevada-based Lovelock Mine and Treasure Box battery minerals projects . Please refer to the Company's news release dated April 7, 2020 for details on the terms of the accelerated ownership of the highly prospective nickel, cobalt and copper [...]
Global Energy Metals Corp. | | is pleased to announce that the Company will close a first tranche of its non-brokered private placement financing raising gross proceeds of $503,250. The Company will issue 4,026,000 units in this first tranche closing subject to Exchange approval. Due to investor interest in the financing, the Company will look to raise an additional $100,000 in a second and final tranche of its [...]
Global Energy Metals is pleased to announce a private placement offering of up to 4,000,000 units of the Company at a price of $0.125 per Unit , with each Unit comprised of one share and one transferrable share purchase warrant . Each transferrable warrant will be exercisable to purchase an additional share of the Company for a period of 36 months from the closing date at a price of CAD$0.15. STRATEGIC COMMITMENT The [...]
Global Energy Metals announces the implementation of a previously announced consolidation of all the issued and outstanding share capital on a 10 old for 1 new basis effective August 25, 2020. The post-Consolidation common shares will commence trading on the TSX Venture Exchange under same name and ticker symbol on August 25, 2020, at which time the CUSIP and ISIN numbers of the Company will change to 37890Y308 and [...]
Global Energy Metals Corp. announces that the board of directors of the Company together with its management team and strategic advisors, has undertaken a process to initiate a strategic review focused on maximizing shareholder value as part of its overall corporate and portfolio optimization strategy. Most recently, the Company, as part of its aim to increase shareholder value, entered into a definitive purchase [...]
Global Energy Metals Corp. is pleased to announce that as part of the Company's portfolio optimization strategy it has entered into a definitive purchase agreement to sell a portfolio of royalty interests to Electric Royalties Ltd. on the Millennium Cobalt Project, the Mt. Dorothy Cobalt Project and the Cobalt Ridge Project located in Queensland, Australia. President & CEO, Mitchell Smith commented: "The closing of this [...]
Global Energy Metals Corp. provides an update regarding the Company's partnership with ASX listed peer Marquee Resources Ltd. on the ownership of the Werner Lake Cobalt Project located in Northwestern Ontario. On 21 February 2018, Marquee Resources and Global Energy Metals finalised the strategic option agreement which amongst other things outlined the terms by which Marquee would earn into the Werner Lake Project. The [...]
Global Energy Metals Corp. is pleased to announce that it has successfully negotiated and entered into an agreement with Nevada Sunrise Gold Corp. and Primus Resources L.C. pursuant to which Global Energy Metals will accelerate and acquire an ownership interest in the Nevada-based Lovelock and Treasure Box battery minerals projects. This Agreement will replace and supersede the original option agreement made as of January [...]
Global Energy Metals Corp. is pleased to announce that exceptional cobalt, copper and gold recovery results have been received from its Millennium Project metallurgical testwork cooperative initiative completed by Cobalt Blue Holdings using its processing technology. Highlights of the Testwork - High grade separate copper and cobalt concentrate can be readily floated from samples from the Millennium deposit. - Excellent [...]
Global Energy Metals Corp. is pleased to announce that it plans to complete a non-brokered private placement for gross proceeds of up to $500,000 upon completion of its 10 old for 1 new share consolidation as announced on March 10, 2020. Completion of the Private Placement will be subject to TSXV approval. Mitchell Smith, President & CEO comments: "The transition to a clean-energy world using battery technology is being [...]