Global Energy Metals Strategic Partner Conducts Scaled Dle Pilot Test ON Its Alberta Lithium Brine; a Key Step IN Securing Future Investment and Partnerships
GLOBAL ENERGY METALS STRATEGIC PARTNER CONDUCTS SCALED
DLE PILOT TEST ON ITS ALBERTA LITHIUM BRINE; A KEY STEP IN
SECURING FUTURE INVESTMENT AND PARTNERSHIPS
Vancouver, BC / TheNewswire / February 13, 2025 / Global Energy Metals Corpora Don
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 announce its strategic partner NeoLithica Ltd.
(“NeoLithica”) has entered into a direct lithium extrac’on (“DLE”) pilo’ng agreement (the
“Pilo’ng Agreement”) with Geo40 LLC (“Geo40”) to conduct a DLE pilot test of brine sourced
from NeoLithica’s Peace River Project in NW Alberta, Canada.
GEMC, in collabora’on with NeoLithica, is currently undertaking a strategic evalua’on to assess
development op’ons available to service growing North American lithium market demand
while maximizing the long-term value of one of Canada’s largest lithium brine inferred resource.
Mitchell Smith, CEO and Director comments:
“When we first iden.fied the investment opportunity in NeoLithica’s 10 million tonne lithium
brine resource in Alberta, we recognized the need to aggressively evaluate paths forward for its
accelerated development and the ability to aCract capital and build partnerships to advance this
significant lithium brine resource while op.mizing shareholder value in a .mely manner.
As a result of NeoLithica’s DLE pilo.ng agreement with Geo40, these objec.ves are already
being realized, and the company is laying a founda.on to accumulate valuable data, produce
baCery-grade lithium products for further tes.ng by poten.al customers, and build business
rela.onships for a market hungry for responsibly sourced lithium.
We look forward to sharing the results of the ini .al pilot tes.ng as we join NeoLithica in
iden.fying the most advantageous path forward for the project.”
Global Energy Metals recently announced that, subject to TSX Venture Exchange approval, that
it has entered into a non-binding LeUer of Intent (the “Agreement”) with NeoLithica to acquire
an eighteen month op’on to acquire a 19.9% interest and a 1% Net Smelter Return (“NSR”)
royalty over NeoLithica’s Peace River Lithium Project. For addi’onal informa’on on the terms of
the Agreement and details on the Project please refer to Global Energy’s news release dated
February 4, 2025.
To meet the objec ’ve of the pilo ’ng agreement with Geo40, in early February
NeoLithica transported 7,000 litres of lithium-brine collected from a producing well in the
inferred resource area of the Peace River Project (Figure 1) to Geo40’s test facility in
Saskatchewan (the “DLE Test Facility”) to pilot test its innova ’ve direct lithium extrac’on
technology.
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Figure 1. Loca.on at the Peace River project in Alberta of lithium-brine collected and
transported to the DLE Test Facility.
It is an’cipated that the results of the DLE pilot program, expected to be completed in the
coming weeks, will generate data that will contribute to NeoLithica producing an economic
assessment on the produc’on of LiCl concentrate and further refined technical- and baUery-
grade Li2CO3, extracted from its lithium-bearing brines. In addi ’on, it is intended that the
lithium chloride and lithium carbonate chemistry will be made available to a number of
poten’al customers for their bench-top qualifica’on test work for baUery applica’ons. This is a
cri’cal step to poten’ally building partnerships and securing poten’al off-take agreements with
global companies seeking sustainable and robust solu’ons to meet their demand for lithium.
Figure 2. Geo40’s mobile DLE Test Facility currently processing brine sourced from NeoLithica’s
Peace River Project.
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The pilot test conducted by Geo40, in conjunc’on with several pilot tests conducted by other
innova’ve DLE solu’ons providers, will assist NeoLithica’s in its selec’on of its primary DLE
vendor . It is contemplated that in future pilo’ng campaigns NeoLithica intends to process brine
from the company’s own wells as part of future drill plans.
Global Energy is relying on the informa’on provided by NeoLithica Ltd.
Figure 3. Geo40’s mobile DLE Test Facility currently tes.ng 7,000 litres of lithium-brine collected
from a producing well in the inferred resource area of the Peace River Project.
About Geo40 LLC
Geo40 LLC sustainably recovers minerals from brines. It has mature technology for the
extrac.on of silica nano-par.cles from hot geothermal fluids and operates two plants in New
Zealand. Geo40 has also developed a unique ion-exchange DLE technology and is focussed on
the recovery of lithium from North American produced waters. The Company currently has two
pilot plants travelling across all the significant oil and gas basins of North America. It plans to
deploy a ~300 tpa LCE pre-commercial DLE plant in North America in the laCer half of 2025.
About NeoLithica Ltd.
NeoLithica is an emerging lithium resource development company that plans to incorporate
innova.ve direct lithium extrac.on (“DLE”) and refining technologies to produce baCery-grade
lithium compounds in support of Canada’s cri .cal mineral supply chain. The Company is
headquartered in Calgary, Alberta.
Qualified Person
Mr . Paul Sarjeant, P . Geo., is the qualified person for this release as de fined by Na’onal
Instrument 43-101 - Standards of Disclosure for Mineral Projects. He is a shareholder and
Director of the Company.
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For Further InformaDon:
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
TwiUer: @EnergyMetals | @USBaUeryMetals | @ElementMinerals
Global Energy Metals CorporaDon
(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. offers investment exposure to the growing rechargeable baCery and
electric vehicle market by building a diversified global por\olio of explora.on and growth-stage
baCery 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 baCery 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 baCery 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.
CauDonary Statement on Forward-Looking InformaDon:
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
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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.