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Vancouver, BC - TheNewswire - February 27, 2025 / Global Energy Metals Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (“Global Energy Metals”, the “Company” and/or “GEMC”) , a multi-jurisdictional, multi-commodity critical mineral exploration and development company focused on growth-oriented metal projects supporting the global transition to clean energy, is pleased to announce its participation at the Prospectors & Developers Association of Canada’s (PDAC) Convention and invites shareholders and other interested parties to meet with management during the event being held at the Metro Toronto Convention Centre (MTCC) from Sunday March 2 to Wednesday March 5, 2025.
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Mitchell Smith, President and CEO comments:
“There is a global race for resource control, with critical minerals in the spotlight. As global demand for these critical minerals continue to surge, Global Energy is well positioned with its existing projects and equity holdings and is building from this foundation to strengthen exposure to minerals core to the global transition towards a new energy economy. In doing so we are assessing ways to generate more opportunities, unlock additional value from our existing project portfolio and create long-term growth for shareholders. We look forward to meeting with you at PDAC.”
Global Energy has a strong portfolio of project, security and royalty interests with exposure to the key commodities that will benefit from the electrified future.
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The Company most recently announced that it has entered into a non-binding Letter of Intent (the “Agreement”) with NeoLithica Ltd. (“NeoLithica”) to acquire an eighteen month option to acquire a 19.9% interest and a 1% Net Smelter Return (“NSR”) royalty over NeoLithica’s Peace River Lithium Project (the “Project”). Please refer to GEMC’s news release dated February 4, 2025.
NeoLithica is an emerging lithium resource development company that plans to incorporate innovative direct lithium extraction (“DLE”) and refining technologies to produce battery-grade lithium compounds in support of Canada’s critical mineral supply chain. The company is headquartered in Calgary, Alberta.
Pursuant to the Agreement, Global Energy Metals has secured an option to acquire (the “Option”) from NeoLithica within a eighteen (18) month period a 19.9% interest in and a 1% NSR royalty over NeoLithica’s Peace River Lithium Project. The Project is located in the Peace River region of northwest Alberta and features 377,508 hectares (1,458 square miles) of prime lithium-brine hosted mineral licenses overlying several highly productive lithium-rich aquifers that stretch along a 165 kilometre fairway and hosts an inferred mineral resource estimate of 10 million tonnes of lithium carbonate equivalent (LCE), at an average grade of 70.0 mg/L. Please refer to the NI 43-101 compliant resource estimate hosted on the NeoLithica website .
Subsequent to the announced partnership, NeoLithica Ltd. entered into a direct lithium extraction piloting agreement (the “Piloting Agreement”) with Geo40 LLC (“Geo40”) to conduct a DLE pilot test of brine sourced from NeoLithica’s Peace River Project in NW Alberta, Canada. Please refer to GEMC’s news release dated February 13, 2025 for more information.
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It is anticipated that the results of the DLE pilot program, expected to be completed in the coming weeks, will generate data that will contribute to NeoLithica producing an economic assessment on the production of LiCl concentrate and further refined technical- and battery-grade Li2CO3, extracted from its lithium-bearing brines. In addition, it is intended that the lithium chloride and lithium carbonate chemistry will be made available to a number of potential customers for their bench-top qualification test work for battery applications. This is a critical step to potentially building partnerships and securing potential off-take agreements with global companies seeking sustainable and robust solutions to meet their demand for lithium.
GEMC, in collaboration with NeoLithica, is currently undertaking a strategic evaluation to assess development options available to service growing North American lithium market demand while maximizing the long-term value of one of Canada’s largest lithium brine inferred resource.
For those attending the conference who would like to schedule a meeting and learn more about the Company’s latest developments please do so by emailing info@globalenergymetals.com or calling +1 (604) 688-4219.
For Further Information:
Global Energy Metals Corporation
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
Email: info@globalenergymetals.com
t. + 1 (604) 688-4219
www.globalenergymetals.com
Twitter: | |
Global Energy Metals Corporation
(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified global portfolio of exploration and growth-stage battery mineral assets.
Global Energy Metals recognizes that the proliferation and growth of the electrified economy in the coming decades is underpinned by the availability of battery metals, including cobalt, nickel, copper, lithium and other raw materials. To be part of the solution and respond to this electrification movement, Global Energy Metals has taken a ‘consolidate, partner and invest’ approach and in doing so have assembled and are advancing a portfolio of strategically significant investments in battery metal resources.
As demonstrated with the 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 established mining and processing jurisdictions in close proximity to end-use markets. Global Energy Metals is targeting projects with low logistics and processing risks, so that they can be fast tracked to enter the supply chain in this cycle. The Company is also collaborating with industry peers to strengthen its exposure to these critical commodities and the associated technologies required for a cleaner future.
Securing exposure to these critical minerals powering the eMobility revolution is a generational investment opportunity. Global Energy Metals believes Now is the Time to be part of this electrification movement.
Cautionary Statement on Forward-Looking Information:
Certain information in this release may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with regulatory approvals and timelines. Although Global Energy Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
GEMC’s operations could be significantly adversely affected by the effects of a widespread global outbreak of a contagious disease, including the recent outbreak of illness caused by COVID-19. It is not possible to accurately predict the impact COVID-19 will have on operations and the ability of others to meet their obligations, including uncertainties relating to the ultimate geographic spread of the virus, the severity of the disease, the duration of the outbreak, and the length of travel and quarantine restrictions imposed by governments of affected countries. In addition, a significant outbreak of contagious diseases in the human population could result in a widespread health crisis that could adversely affect the economies and financial markets of many countries, resulting in an economic downturn that could further affect operations and the ability to finance its operations.
For more information on Global Energy and the risks and challenges of their businesses, investors should review the filings that are available at www.sedar.com.
Neither 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.
We seek safe harbour.
For Further Information:
Global Energy Metals Corporation
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
Email: info@globalenergymetals.com
t. + 1 (604) 688-4219
www.globalenergymetals.com
Twitter: | |
Global Energy Metals Corporation
(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. offers investment exposure to the growing rechargeable battery and electric vehicle market by building a diversified global portfolio of exploration and growth-stage battery mineral assets.
Global Energy Metals recognizes that the proliferation and growth of the electrified economy in the coming decades is underpinned by the availability of battery metals, including cobalt, nickel, copper, lithium and other raw materials. To be part of the solution and respond to this electrification movement, Global Energy Metals has taken a ‘consolidate, partner and invest’ approach and in doing so have assembled and are advancing a portfolio of strategically significant investments in battery metal resources.
As demonstrated with the 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 established mining and processing jurisdictions in close proximity to end-use markets. Global Energy Metals is targeting projects with low logistics and processing risks, so that they can be fast tracked to enter the supply chain in this cycle. The Company is also collaborating with industry peers to strengthen its exposure to these critical commodities and the associated technologies required for a cleaner future.
Securing exposure to these critical minerals powering the eMobility revolution is a generational investment opportunity. Global Energy Metals believes Now is the Time to be part of this electrification movement.
Cautionary Statement on Forward-Looking Information:
Certain information in this release may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with regulatory approvals and timelines. Although Global Energy Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
GEMC’s operations could be significantly adversely affected by the effects of a widespread global outbreak of a contagious disease, including the recent outbreak of illness caused by COVID-19. It is not possible to accurately predict the impact COVID-19 will have on operations and the ability of others to meet their obligations, including uncertainties relating to the ultimate geographic spread of the virus, the severity of the disease, the duration of the outbreak, and the length of travel and quarantine restrictions imposed by governments of affected countries. In addition, a significant outbreak of contagious diseases in the human population could result in a widespread health crisis that could adversely affect the economies and financial markets of many countries, resulting in an economic downturn that could further affect operations and the ability to finance its operations.
For more information on Global Energy and the risks and challenges of their businesses, investors should review the filings that are available at www.sedar.com.
Neither 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.
We seek safe harbour.
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