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 [...]
Global Energy Metals Corp. announces that it plans to complete a share consolidation on the basis of ten existing common shares for one post-Consolidation Share. Completion of the Consolidation will be subject to TSXV approval. A consolidation of the Global Energy's share capital will better position the Company to raise the funds it requires to finance its ongoing business activities including the exploration and [...]
Global Energy Metals Corp. , is pleased to announce that it has appointed Christopher Ecclestone as a member of its Board of Directors effective immediately. Mr. Ecclestone is a principal and mining strategist at Hallgarten & Company and is based in London. Prior to founding Hallgarten & Company in New York in 2003 he was the head of research at an economic think tank in New Jersey which he had joined in 2001. Before [...]
Global Energy Metals Corp. | | is pleased to announce that it has entered into a letter of intent with Electric Royalties Ltd. for the sale of royalties on Global Energy's 100% owned Millennium Cobalt Project, the Mt. Dorothy Cobalt Project and the Cobalt Ridge Project located in Queensland, Australia . President & CEO, Mitchell Smith commented: "This commitment by Electric Royalties is a significant endorsement of the [...]
Global Energy Metals Corp. | | is pleased to announce that it has entered into a letter of intent with Electric Royalties Ltd. for the sale of royalties on Global Energy's 100% owned Millennium Cobalt Project, the Mt. Dorothy Cobalt Project and the Cobalt Ridge Project located in Queensland, Australia . President & CEO, Mitchell Smith commented: "This commitment by Electric Royalties is a significant endorsement of the [...]
Global Energy Metals Corp. | | is pleased to announce the appointment of Mr. Timothy Strong, BSc ACSM FGS MIMMM RSci, as Project Development Manager, overseeing Global Energy's exploration programs and leading the company's project review efforts for future acquisitions in the battery minerals sector. Mitchell Smith, the Company's President & CEO commented: "Tim epitomizes the spirit of enthusiasm and innovation in [...]
Global Energy Metals Corp. | | is pleased to announce plans to move forward with assessment and development of the Lovelock and Treasure Box Projects for 2020. The goals are as follows: 1)Complete Geological Interpretation of 2019 First-Phase Exploration Program 2) Complete 3D Geological Modelling 3) Complete Inaugural Drill Program 4) Complete Earn-In of 85% Interest in the Property Mitchell Smith, President & CEO [...]