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GBML.V ·

Global Battery Metals Announces Shares for Services Agreement

Share Capital & Compensation

Global Battery Metals Announces

Shares for Services Agreement

November 26, 2020, Vancouver, British Columbia – Global Battery Metals Ltd. (the ‘Company’) (TSX-

V: GBML) announces that it has receiv ed TSX Venture Exchange (“TSXV”) approval and will issue

250,000 common shares at a deemed price of $0.09/share to a s ervice provider whic h has

provided geological and other mining consulting services. The c ommon shares issued today are

subject to a statutory four-m onth hold period in accordance with applicable securities laws and

the policies of the TSXV.

About GBML Battery Metals Ltd.

GBML is a mineral exploration company with a focus on metals that make up and support the rapid

evolution to battery power. GBML's common shares are listed on the TSX Venture Exchange, OTCBB

and Frankfurt. GBML currently has two projects: (1) an option to acquire up to 90 per cent of the North-

West Leinster lithium property in Ireland, and (2) a 55-per-cent stake in Peru-based Lara copper property,

which has over 10,000 metres of drilling. As previously disclosed, Minsur S.A., a Peruvian mining

company, entered into an option agreement with GBML and Lara Exploration Ltd. to acquire the Lara

property for staged payments of $5.75 million (U.S.). GBML will retain a 0.75-per-cent net smelter royalty.

Please see the press release of July 28, 2020, for more information.

Michael Murphy BA, MBA, MSc., ICD

President & CEO

E: [email protected]

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy of this release. No stock exchange,

securities commission or other regulatory authority has approved or disapproved the information contained herein.