Global Energy Metals Portfolio Company Terra Balcanica Exercises First Option ON Athabasca Basin Uranium Portfolio
GLOBAL ENERGY METALS PORTFOLIO COMPANY TERRA BALCANICA EXERCISES
FIRST OPTION ON ATHABASCA BASIN URANIUM PORTFOLIO
Vancouver, BC / TheNewswire / July 22, 2025 / Global Energy Metals CorporaNon 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 announces that por<olio company Terra Balcanica Resources Corp. (“Terra”),
pursuant to the defini’ve op’on agreement signed with Fulcrum Metals Plc. and Fulcrum
Metals (Canada) Ltd. (collec’vely “Fulcrum”) on the 3rd of July, 2024 (the “Agreement”), has
now exercised its right to complete the first year of the op’on condi’ons required for Terra to
acquire a 100% interest in the Fulcrum’s prospec’ve uranium por<olio consis’ng of the Charlot-
Neely Lake, Fontaine Lake, Snowbird, and South Pendleton licence clusters located along
northern and southeastern margins of the renowned Athabasca Basin (the “Uranium Por<olio”).
Terra's full announcement is hosted on its website and can be accessed here.
Mitchell Smith, CEO and Director commented:
“The uranium market is undergoing a seismic shi2. Having exposure to uranium through both
an equity interest in Terra Balcanica and a strategic royalty over a highly-prospec>ve explora>on
asset por?olio in a high-priority jurisdic >on further enhances Global Energy’s strategy of
building shareholder value to new energy security. We look forward to Terra’s next steps in
project explora>on and advancement of these very exci>ng uranium proper>es.”
As a condi’on of the agreement between Terra and Fulcrum, Global Energy was issued
1,198,000 shares in Terra, equivalent to CAD $150,000, and granted a 0.5% NSR over the
Saskatchewan based uranium project por<olio.
For more informa’on on the Uranium Por<olio and Agreement please refer to GEMC’s news
releases dated April 3, 2024 and July 3, 2024.
Terra Balcanica Resources
Terra Balcanica (CSE:TERA | FRA:UB10) is a polymetallic and energy metals explora ’on
company targe’ng large-scale mineral systems in the Balkans of southeastern Europe and
northern Saskatchewan, Canada. The Company has 90% interest in the Viogor-Zanik Project in
eastern Bosnia and Herzegovina. The Canadian assets comprise a 100% op’oned por<olio of
uranium-prospec’ve licences at the outskirts of the world-renowned Athabasca basin: Charlot-
Neely Lake, Fontaine Lake, Snowbird, and South Pendleton. The Company emphasizes
responsible engagement with local communi ’es and stakeholders. It is commi hed to
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proac’vely implemen’ng Good Interna’onal Industry Prac’ce (GIIP) and sustainable health,
safety, and environmental management.
Fulcrum Metals Plc
Fulcrum Metals PLC (AIM: FMET) is an AIM listed technology led natural resources company
focused on recovery of precious metals from mine tailings (previously milled and processed ore)
in Canada using environmentally friendly leaching technology developed by Extrakt Process
Solu’ons LLC and its associates (together "Extrakt"). The Company's ini’al projects are at the
former Teck-Hughes and Sylvanite mines, located at the Kirkland Lake region in Ontario. In
addi’on, the Company has interests in a por<olio of highly prospec’ve mineral explora’on and
development projects in both Ontario and Saskatchewan Canada.
Fulcrum has exclusive licenced use of Extrakt's proven leaching technology on gold mine waste
sites over the mining districts of Timmins and Kirkland Lake. These are two of Canada's biggest
gold camps with a history of over 110Moz Au produced over the past 100 years and more than
70 documented legacy mine waste sites. This presents Fulcrum with opportunity to develop into
a significant environmentally friendly gold producing en’ty in the near term.
For Further InformaNon:
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
Twiher: @EnergyMetals | @USBaheryMetals | @ElementMinerals
Global Energy Metals CorporaNon
(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. offers investment exposure to the growing rechargeable baJery and
electric vehicle market by building a diversified global por?olio of explora>on and growth-stage
baJery 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 baJery 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 ?olio of strategically
significant investments in baJery 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
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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.
CauNonary Statement on Forward-Looking InformaNon:
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, the Company undertakes no obliga>on
to update these forward-looking statements in the event that management’s beliefs, es>mates
or 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.