Global Battery Metals Receives Government Permit to Commence Drilling
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Global Battery Metals Receives Government Permit to Commence Drilling
May 14, 2021, Vancouver, British Columbia – Global Battery Metals Ltd. (the “Company” or “GBML”)
(TSXV: GBML; OTCQB: REZZF; Frankfurt: REZ) is pleased to announce that the Company has received
approval from the Government of Ireland’s Department of the Environment, Climate and Communications
– this final approval was required in order to commence drilling at the Company’s Aghavannagh prospect.
The Company expects to mobilize a drill crew to its North West Leinster Lithium property within the next
two weeks. The planned programme comprises of six drill holes for a total of 900m.
“We are extremely excited to begin our fully funded, inaugural drill program at the North West Leinster
Lithium property in Ireland ,” stated Michael Murphy, President and CEO of GBML. “We are in an
excellent position to move ahead with our project with several spodumene pegmatite targets and $2.5
million in working capital.”
Qualified Person
The technical information in this news release has been prepared in accordance with Canadian regulatory
requirements and has been reviewed and approved by Vaughan Williams, P. Geo., principal geologist at
Aurum Exploration Services Limited and Director of LRH Resources Ltd., and a “qualified person” within
the meaning of National Instrument 43-101.
About Global 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 and Frankfurt
Stock Exchange and quoted on the OTCQB. GBML currently has three projects: (1) an option to acquire
up to a 90% in the North-West Leinster lithium property in Ireland, (2) a 100% interest in the Lithium King
property in Utah, and (3) a 55% stake in Peru -based Lara copper property, which has over 10,000 metres
of drilling. As previously disclosed, Minsur S.A., a Peru vian 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.
Global Battery Metals Ltd.
Michael Murphy BA, MBA, MSc., ICD
President & CEO
T: 604-649-2350
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.
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Cautionary Statement Regarding "Forward-Looking" Information
This press release contains certain "forward-looking statements" within the meaning of Canadian securities
legislation, relating to a drill program to be conducted on the Company’s North -West Leinster lithium
property in Ireland . Although the Company believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct. Forward-looking statements are statements that
are not historical facts; they are generally, but not always, iden tified by the words "expects," "plans,"
"anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective,"
"prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could"
or "should" occur, or are those statements, which, by their nature, refer to future events. The Company
cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made, and they involve a number of risks and uncertainties.
Consequently, there can be no assurances that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such statements. Except to the extent
required by applicable securities laws and the policies of the TSX Venture Exchange, the Company
undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or
opinions, or other factors, should change. Factors that could cause future results to differ materially from
those anticipated in these forward-looking statements include risks associated possible accidents and other
risks associated with mineral exploration operations, the risk that the Company w ill encounter
unanticipated geological factors, the possibility that the Company may not be able to secure permitting and
other governmental clearances necessary to carry out the Company's exploration plans, the risk that the
Company will not be able to ra ise sufficient funds to carry out its business plans, and the risk of political
uncertainties and regulatory or legal changes that might interfere with the Company's business and
prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian
Securities 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.