Global Battery Metals Enters Advisory Services Agreement
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Global Battery Metals Enters Advisory Services Agreement
January 6, 2023, Vancouver, British Columbia – Global Battery Metals Ltd. (the “ Company” or “GBML”) (TSXV:
GBML; OTCQB: REZZF; Frankfurt: REZ), ), an international critical mineral exploration and development company
focused on growth -oriented lithium and other battery metal projects , announces that it has entered into a
financial advisory services agreement (the “ Advisory Agreement ”) with GenCap Mining Advisory Ltd.
(“GenCap”), an arm’s length investment banking platform that provides strategic M&A and capital markets
advice to clients within the global metals and mining industry. Pursuant to the terms of the Advisory Agreement,
GenCap has agreed to act as financial advisor to GBML and provide services that will include advising on potential
M&A opportunities of battery metal assets at different stages of development.
Pursuant to the terms of the Advisory Agreement, the parties acknowledge that GenCap has provided past
services to the Company having a value of $40,000 and the parties have agreed to settle payment of those
services in common shares of the Company. The fee will be payable in common shares of the Company at a
deemed value per common share of the greater of: (i) $0.10; and (ii) the maximum allowable discounted market
price pursuant to the policies of the TSX Venture Exchange effective as of today. The common shares issued will
be held in escrow by the Company and released to GenCap in four equal monthly instalments on the last business
day of each month commencing January 31, 2023 , provided that GenCap continues to provide services to the
Company on the relevant release date.
About Global Battery Metals Ltd.
GBML is an international mineral exploration and development company with a focus on metals that comprise
and support the rapid evolution to battery power. GBML currently maintains economic interests in four battery
metal projects: (1) an option to acquire up to a 90% interest in the North -West Leinster lithium property in
Ireland; (2) a 100% interest in the Lithium King property in Utah; (3) an option to acquire up to a 100% interes t
in the La Poile lithium project in Newfoundland; and (4) a 55% 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 copper property for staged
payments of USD$5.75 million. GBML will retain a 0.75% net smelter royalty. GBML's common shares are listed
on the TSX Venture Exchange (TSXV: GBML); Frankfurt Stock Exchange (FSE: R EZ); and are quoted on the OTC
Markets (OTCQB: REZZF).
Global Battery Metals Ltd.
Michael Murphy BA, MBA, MSc., ICD
President & CEO
T: 604-649-2350
W: www.gbml.ca
Cautionary Statement Regarding “Forward-Looking” Information
This news release contains certain “forward-looking information” and “forward-looking statements” (collectively
“forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than
statements of historical fact, included herein, without limitation, statements relating to future pot ential M&A
opportunities and the future operations and activities of the Company, are forward -looking statements.
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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 release relate to, among other things, the Company’ s exploration plans at its properties and assay or
other exploration results anticipated therefrom. There can be no assurance that such statements will prove to
be accurate, and actual results and future events could differ materially from those anticipate d in such
statements. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements
are made and are based upon a number of assumptions and estimates that, while considered reasonable by the
Company, are inherently subject to significant business, economic, competitive, political and social uncertainties
and contingencies. Many factors, both known and unknown, could cause actual results, performance, or
achievements to be materially different from the results, performa nce or achievements that are or may be
expressed or implied by such forward-looking statements and the parties have made assumptions and estimates
based on or related to many of these factors. Such factors include, without limitation, that there are no
assurances that GenCap will recommend any suitable M&A opportunities or that GBML will act on any of the
opportunities presented to it, the results of exploration, continued availability of capital, and changes in general
economic, market and business conditions. Readers should not place undue reliance on the forward -looking
statements and information contained in this news release concerning these items. Readers are urged to refer
to the Company's reports, publicly available through the Canadian Securi ties Administrators' System for
Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such
risk factors and their potential effects. The Company does not assume any obligation to update the forward -
looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by
applicable securities laws.
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.