Global Battery Metals Provides Corporate Update 2019-08-20 - News Release
Global Battery Metals Provides Corporate Update
2019-08-20 - News Release Vancouver, British Columbia – Global Battery Metals Ltd. (formerly Redzone
Resources) (the ‘Company’) (TSX-V: GBML) reports that,
GLOBAL BATTERY CONTINUES EXPLORATION IN IRELAND, EVALUATION OF PERU COPPER
PROJECT AND PURSUES ADVANCED GOLD/SILVER OPPORTUNITIES
Global Batteries releases the following project updates:
• I
reland – North West Leinster Lithium Project remains under review and a decision on the drill program
to be made, with the release of a government M ag survey, in mid fall, which will compliment the work
already completed. We have spent the required amount to qualify to option the proper ty. No further
expenditures are required until April 2020, should we proceed with the option.
• Peru - Lara Copper Project - Strategic opportunities are being evaluated by management.
• Other Properties - Fortner Boyd, Pine Valley and Wells Properties – will no longer be pursued at
this time.
Michael Mur phy, CE O stated, “ The macro trends in the gold sector have got the attention of investors.
Understanding how to structure a gold/silver deal and evaluate gold/silver assets is one of the Global Battery
Metals strengths.”
Mi
chael continued to note that “In short, it is time for Global and its highly experienced team to focus on what it
knows best - structuring a tremendous deal in the precious metals sector. With an excellent share structure
and an organization that can raise significant institutional doll ars and at the same time understands retail
investors - Global is well positioned.”
M
ichael Murphy BA, MBA, MSC., ICD President & CEO
P: 1 604 649 2350
Neither the TSX Venture Exchange nor i t's Regulation Service s Provider (as that term defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy and/or accuracy of this release.
F
orward-Looking Statements Specific informatio n outlined in this news release may contain forward -looking statements
that involve substantial known and unknown ris ks and uncertainties. These forward -looking statements are subject to
numerous risks and uncertainties, sure of which are beyond the contro l of the Company, including, but not limited to the
potential for gold and/or lithium at any of the Company’s propert ies, the prospective nature of any claims comprising the
Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulato ry
approvals, uncertainty of sample results, timing and results of future explora tion, and the availability of financing. Readers
are cautioned that the assumptions used in the preparation of such information, although c onsidered reasonable at the
time of development, may prove to be imprecise and, as such, undue reliance should not be placed on forward -looking
statements