Global Energy Metals CEO Reflects ON 2024 and the New Energy Metals Foundation Established Providing Investment Exposure to the Electrified Future
GLOBAL ENERGY METALS CEO REFLECTS ON 2024 AND THE NEW ENERGY
METALS FOUNDATION ESTABLISHED PROVIDING INVESTMENT EXPOSURE TO THE
ELECTRIFIED FUTURE
Vancouver, BC / TheNewswire / January 7, 2025 / Global Energy Metals Corpora Ron
TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (“Global Energy Metals” , the “Company” and/or
“GEMC”), a mul’-jurisdic’onal, mul’-commodity cri’cal mineral explora’on, development and
project genera’ng company focused on growth-oriented projects suppor ’ng the global
transi’on to clean energy, is pleased to provide the following year-review statement from
Director and CEO, Mitchell Smith:
Dear Shareholders,
As we reflect on the past year, I want to acknowledge the year's complexi<es.
Price fluctua<ons, intense compe<<on and geopoli<cal uncertain<es certainly impacted the
baAery supply chain and associated industries including the mining and junior resource sector.
Global Energy Metals was certainly not immune and unfortunately our current market
capitaliza<on reflects this.
While our short-term performance was impacted by these headwinds, I am proud of the
resilience and commitment our team demonstrated throughout the year as we con<nued to lay
the groundwork for sustainable growth through our partner-based approach of developing our
strong new energy metals project porKolio in Canada, Australia, Norway and the US and the
opportunity Global Energy provides for investment exposure to the electrified future.
To highlight the significant news flow Global Energy Metals generated alongside our strategic
alliances within the sector, I’ve included a snapshot with links to each of the impressive news
announcements issued over the course of the year.
I strongly believe that the founda<on we’ve established in providing investment exposure to the
growing new energy metals market will be rewarded and look forward to working with our
partners and stakeholders in further developing our porKolio to ensure a secure, stable supply of
cri<cal raw materials, the building blocks to a new energy economy.
As we enter into this new year, we hope all our shareholders, project developers, employees,
partners and subscribers had a wonderful holiday season! We look forward to bringing you
updates on our current and future investments and sharing our exci<ng Company developments
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throughout the year. From everyone at Global Energy Metals we thank you for your con<nued
support and wish you all a very happy, healthy and prosperous 2025.
Now is the <me to be part of this electrifica<on movement.
Sincerely,
Mitchell Smith
President & CEO, Director
Råna Project — Nordland County, Norway
GEMC has a 10% ownership of Narvik Nikel, a Norwegian holding company which holds an 100%
interest in Råna. GEMC also has an 1% NSR royalty on Råna. Kingsrose Mining Limited (ASX:
KRM) (“Kingsrose”) is earning up to an 80% interest in Råna by spending $15 million in project
expenditures on the project.
•February 5, 2024 — Global Energy Metals JV Partner Kingsrose Mining Intercepts New Zones
of Nickel Sulphide Mineralisa’on at the Råna Project, Norway
•July 25, 2024 — Global Energy Metals Announces Drilling to Commence at Råna Nickel-
Copper-Cobalt Project, Norway
•August 12, 2024 — Global Energy Metals Announces Commencement of Partner Operated
Drilling at Råna Nickel-Copper-Cobalt Project, Norway
•September 4, 2024 — Global Energy Metals Announces Second Comple ’on of Staged
Investment by Kingsrose Mining at the Råna Nickel-Copper-Cobalt Project, Norway
•December 18, 2024 — Global Energy Metals’ Joint Venture Partner Kingsrose Mining
Con’nues to Intercept New Zones of Nickel-Copper Mineralisa ’on at the Råna Project,
Norway
Millennium Project — Queensland, Australia
GEMC holds a 49% interest in the Millennium project with Metal Bank holding a 51% Joint
interest having the sole and exclusive right to earn an addi <onal 29% Joint Venture Interest
(taking its total interest to 80%) by sole funding explora<on expenditure to the amount of $2
million.
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•June 4, 2024 — Global Energy Metals Announces Drilling Program Underway at the
Millennium Copper Cobalt Project in Queensland, Australia
•July 15, 2024 — Global Energy Metals Provides Update on Millennium Project Following
Significant Graphite Discovery
•July 30, 2024 — Global Energy Metals Provides Update on Millennium Project Graphite
Discovery Including High-Grade Drilling Results
•November 25, 2024 — Global Energy’s Partner Metal Bank Reports Thick, High-Grade
Graphite at the Millennium Copper Cobalt Gold Project, Australia
Monument Peak Project — Idaho, USA
GEMC holds a 50% interest with DG Resource Management (US) Ltd. holding the other 50% in
the Monument Peak project which encompasses 84 claims, and stands as a promising
explora<on endeavor characterized by its high-grade copper-silver-gold poten<al in a region
renowned for its mining prospects.
•April 11, 2024 - Global Energy Metals Provides Update on Monument Peak Copper, Silver,
Gold Project in Idaho; Outlines Summer Explora’on Strategy
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SK Uranium Porbolio — Saskatchewan, Canada
GEMC has a 0.5% NSR royalty on the Charlot-Neely Lake, Fontaine Lake, Snowbird, and South
Pendleton uranium projects, Canada. In addi<on it has an equity interest in Terra Balcanica,
which is acquiring a 100% interest in the uranium porKolio of explora<on licences located in
northern Saskatchewan, Canada and collec<vely encompassing 596.71 km2 of highly prospec<ve
ground for a uranium discovery.
•January 30, 2024 — Global Energy Metals Invests in Uranium Sector, Enters Agreement to
Acquire Royalty and Op’on on Saskatchewan-based Uranium Porbolio
•April 3, 2024 — Global Energy Metals Granted Uranium Royalty on Saskatchewan-Based
Projects and Shares in Terra Balcanica; Terminates Agreement with Fulcrum Metals
•July 3, 2024 — Global Energy Metals to be Granted Uranium Royalty on Saskatchewan-Based
Projects and Shares in Terra Balcanica
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Porbolio Companies
(TSXV:ELEC | CSE:TERA | ASX:MBK | ASX:MQR | ASX:HTM | TSXV:SVP)
Through the mone<za<on of non-core assets, GEMC has assembled a porKolio of high-quality,
high-upside equity investments in industry peers providing our shareholders a diversi fied
approach to the resource sector, mul<ple commodi<es and jurisdic<ons.
•July 11, 2024 — Global Energy Metals Provides Update on Porbolio Companies
•November 19, 2024 — Global Energy Metals Provides Progress Update on Por bolio
Companies
Corporate
•February 2, 2024 — Global Energy Metals Proposes To Extend Warrants
•June 27, 2024 — Global Energy Metals Provides Results for Shareholder Mee’ng
•July 16, 2024 — Global Energy Metals Announces Private Placement
•July 17, 2024 — Global Energy Metals Increases Previously Announced Private Placement
•July 22, 2024 — Global Energy Metals Announces Closing of Upsized Private Placement
Events
•March 1, 2024 — Global Energy Metals Invites Shareholders and Interested Par’es to Meet
Management at PDAC 2024 in Toronto, March 3-6
•April 18, 2024 — Global Energy Metals CEO Invited to Speak at the 2024 Turkiye Cri ’cal
Minerals Summit
•October 24, 2024 — Global Energy Metals CEO to Host Fireside Chat with Dan Blondal,
Founder of Nano One Materials Corp., at Upcoming Ba nery Metals Associa’on of Canada
CHARGED! 2024 Banery Conference
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For Further InformaRon:
Global Energy Metals Corpora’on
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
Email: [email protected]
t. + 1 (604) 688-4219
www.globalenergymetals.com
Twiner: @EnergyMetals | @USBaneryMetals | @ElementMinerals
Global Energy Metals CorporaRon
(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. offers investment exposure to the growing rechargeable baAery and
electric vehicle market by building a diversified global porKolio of explora<on and growth-stage
baAery mineral assets.
Global Energy Metals recognizes that the prolifera<on and growth of the electrified economy in
the coming decades is underpinned by the availability of baAery metals, including cobalt, nickel,
copper, lithium and other raw materials. To be part of the solu <on and respond to this
electrifica<on movement, Global Energy Metals has taken a ‘consolidate, partner and invest’
approach and in doing so have assembled and are advancing a por Kolio of strategically
significant investments in baAery metal resources.
As demonstrated with the Company’s current copper, nickel and cobalt projects in Canada,
Australia, Norway and the United States, GEMC is inves <ng-in, exploring and developing
prospec<ve, scaleable assets in established mining and processing jurisdic<ons in close proximity
to end-use markets. Global Energy Metals is targe<ng projects with low logis<cs and processing
risks, so that they can be fast tracked to enter the supply chain in this cycle. The Company is also
collabora<ng with industry peers to strengthen its exposure to these cri<cal commodi<es and
the associated technologies required for a cleaner future.
Securing exposure to these cri <cal minerals powering the eMobility revolu <on is a
genera<onal investment opportunity. Global Energy Metals believes Now is the Time to be part
of this electrifica<on movement.
CauRonary Statement on Forward-Looking InformaRon:
Certain informa<on in this release may cons<tute forward-looking statements under applicable
securi<es laws and necessarily involve risks associated with regulatory approvals and <melines.
Although Global Energy Metals believes the expecta<ons expressed in such forward-looking
statements are based on reasonable assump<ons, such statements are not guarantees of future
performance and actual results or developments may di ffer materially from those in the
forward-looking statements. Except as required by law, Metal Bank undertakes no obliga<on to
update these forward-looking statements in the event that management’s beliefs, es<mates or
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opinions, or other factors, should change.
GEMC’s opera<ons could be significantly adversely affected by the effects of a widespread
global outbreak of a contagious disease, including the recent outbreak of illness caused by
COVID-19. It is not possible to accurately predict the impact COVID-19 will have on opera<ons
and the ability of others to meet their obliga <ons, including uncertain<es rela<ng to the
ul<mate geographic spread of the virus, the severity of the disease, the dura <on of the
outbreak, and the length of travel and quaran <ne restric<ons imposed by governments of
affected countries. In addi<on, a significant outbreak of contagious diseases in the human
popula<on could result in a widespread health crisis that could adversely affect the economies
and financial markets of many countries, resul<ng in an economic downturn that could further
affect opera<ons and the ability to finance its opera<ons.
For more informa<on on Global Energy and the risks and challenges of their businesses,
investors should review the filings that are available at www.sedar.com.
Neither TSX Venture Exchange nor its Regula<on 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.
We seek safe harbour.