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Powered BY Cobalt … Driven BY Demand Global Energy Metals CEO Invited to Participate as Panelist at the Cobalt Congress - a Major Annual Cobalt Industry Event

Corporate Updates

TSX.V GEMC

www.globalenergymetals.com

Suite 1501,

Sun Tower

128 West Pender St. Vancouver,

BC

V6B 1R8

T +1.604.688.4219

TwiGer @EnergyMetals

Powered by Cobalt … Driven by Demand

GLOBAL ENERGY METALS CEO INVITED TO PARTICIPATE AS

PANELIST AT THE COBALT CONGRESS - A MAJOR ANNUAL COBALT

INDUSTRY EVENT

Vancouver, BC / TheNewswire / May 4, 2023 / Global Energy Metals

CorporaQon TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (“Global Energy

Metals” , the “Company” and/or “GEMC”) , a mulK-jurisdicKonal, mulK-

commodity criKcal mineral exploraKon and development company focused on

growth-oriented baGery metal projects supporKng the global transiKon to

clean energy, is pleased to announce that President & CEO, Mitchell Smith has

been invited to parKcipate as a panelist at the upcoming Cobalt Congress

2023 hosted by the Cobalt InsKtute being held in Istanbul, Turkey where he

will discuss the role of cobalt in a shiWing geopoliKcal landscape.

The Cobalt Congress is the major annual event for the cobalt industry. It

aGracts the great and the good from the cobalt industry from around the

globe and provides a forum for networking, business development and geXng

up to date with what is happening in the sector .

This year, the Cobalt Congress will look at the role of cobalt in a shi Wing

geopoliKcal landscape. We will discuss the global market dynamics, the

geopoliKcs of cobalt, and the importance of building a responsible and

transparent cobalt value chain.

Mr . Smith will parKcipate in the Session 3 panel enKtled "Cobalt as the Global

Resource.” This session will look at the global nature of cobalt with a special

focus on the geographic diversity of reserves and supply, as well as discuss

non-DRC countries’ ambiKons to contribute to the security of cobalt supply.

Marina Demidova - Head of Communica3ons, Cobalt Ins3tute will moderate

the panel with speakers in addi3on to Mitchell Smith including:

•Emre Kayisoglu - General Manager, E 3 Bakir / Managing Director,

ICoNiChem

•Bryce Lee - Head of ESG & Sustainability, Huayou Cobalt

•Ash Lazenby - Cobalt Trading/Marke3ng, Glencore

The era-defining shiW from fossil fuels to clean energy is set to deliver an

unprecedented new boom for commodiKes, and an opportunity for investors,

as a range of criKcal minerals finally get the aGenKon they deserve due to

their essenKal role in delivering emissions-free power and transport. To meet

global climate change targets, demand for minerals and metals, like cobalt,

used in green technologies such as rechargeable ba Geries used in vehicle

electrificaKon is expected to rise exponenKally, and yet these irreplaceable

building blocks enabling the energy transiKon, are expected to be in short

supply, in part due to concentraKon of producKon and processing.

But as the global iniKaKve to transiKon away from many carbon-based forms

of energy proceeds, so too does the urgency arise for sustainable sources for

criKcal components that go into these green technologies.

Canada, through collaboraKon with the United States and other strategic

naKon partners, has benefit to having the criKcal mineral reserves, skilled

workforce, infrastructure, technology and clean energy necessary to fuel a

new lithium ion baGery ecosystem.

During the event, Mitchell will represent both Global Energy Metals as well as

the BaGery Metals AssociaKon of Canada, of which he is a Director of, to share

an outlook for the cobalt sector focusing on the fundamental changes

impacKng the baGery metals market. During the panel discussion he intends

to emphasize how Canada, and North America as a whole, can play a crucial

role, through companies like Global Energy Metals, in iden Kfying strategic

opportuniKes and be globally compeKKve in the sector as demand for criKcal

materials grows and the push to regionalize supply chains is prioriKzed in an

effort to meet demand for new energy technologies.

For those aGending the conference who would like to schedule a mee Kng

with Mitchell during the event or alternaKvely would like to schedule a one-

on-one meeKng outside of the event, please do so by email at info@glob -

alenergymetals.com or phone at +1 (604) 688-4219.

About the Cobalt InsQtute

The Cobalt InsKtute is a trade associaKon composed of producers, users,

recyclers, and traders of cobalt. We promote the sustainable and responsible

producKon and use of cobalt in all its forms.

For more informaKon, please visit their website at hGps://www.cobalKnsK-

tute.org/about-us/.

About the Ba^ery Metals AssociaQon of Canada

The BaGery Metals AssociaKon of Canada (BMAC) is a trade organizaKon of

entrepreneurs, explorers, developers and producers of baGery metals and

materials, who have joined together to support a rapidly changing energy

landscape.

Shared by its growing community is a desire to develop ba Gery metals re-

sources and to incorporate these materials into a baGery producKon stream.

As a naKonal non-profit associaKon, BMAC will connect the industry and lead

the effort to ensure Canada fully captures the abundant economic potenKal of

its massive resources through the responsible and sustainable growth of

Canada’s baGery metals supply chain.

For more informaKon, please visit their website at h Gps://www.bmacana-

da.org.

For Further InformaQon:

Global Energy Metals CorporaKon

#1501-128 West Pender Street

Vancouver, BC, V6B 1R8

Email: [email protected]

t. + 1 (604) 688-4219

www.globalenergymetals.com

TwiGer: @EnergyMetals | @USBaGeryMetals | @ElementMinerals

Global Energy Metals CorporaQon

(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)

Global Energy Metals Corp. o ffers investment exposure to the growing

rechargeable baQery and electric vehicle market by building a diversi fied

global porSolio of explora3on and growth-stage baQery mineral assets.

Global Energy Metals recognizes that the prolifera 3on and growth of the

electrified economy in the coming decades is underpinned by the availability

of baQery metals, including cobalt, nickel, copper, lithium and other raw

materials. To be part of the solu 3on and respond to this electri fica3on

movement, Global Energy Metals has taken a ‘consolidate, partner and invest’

approach and in doing so have assembled and are advancing a por Solio of

strategically significant investments in baQery metal resources.

As demonstrated with the Company’s current copper, nickel and cobalt

projects in Canada, Australia, Norway and the United States, GEMC is

inves3ng-in, exploring and developing prospec 3ve, scaleable assets in

established mining and processing jurisdic3ons in close proximity to end-use

markets. Global Energy Metals is targe3ng projects with low logis3cs and

processing risks, so that they can be fast tracked to enter the supply chain in

this cycle. The Company is also collabora 3ng with industry peers to

strengthen its exposure to these cri 3cal commodi3es and the associated

technologies required for a cleaner future.

Securing exposure to these cri3cal minerals powering the eMobility revolu3on

is a genera3onal investment opportunity. Global Energy Metals believes Now

is the Time to be part of this electrifica3on movement.

CauQonary Statement on Forward-Looking InformaQon:

Certain informa3on in this release may cons3tute forward-looking statements

under applicable securi3es laws and necessarily involve risks associated with

regulatory approvals and 3melines. Although Global Energy Metals believes

the expecta3ons expressed in such forward-looking statements are based on

reasonable assump3ons, such statements are not guarantees of future

performance and actual results or developments may differ materially from

those in the forward-looking statements. Except as required by law, the

Company undertakes no obliga 3on to update these forward-looking

statements in the event that management’s beliefs, es3mates or opinions, or

other factors, should change.

GEMC’s opera3ons 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 opera3ons and the ability of others to meet

their obliga3ons, including uncertain3es rela3ng to the ul3mate geographic

spread of the virus, the severity of the disease, the dura3on of the outbreak,

and the length of travel and quaran3ne restric3ons imposed by governments

of affected countries. In addi3on, a significant outbreak of contagious diseases

in the human popula3on could result in a widespread health crisis that could

adversely affect the economies and financial markets of many countries,

resul3ng in an economic downturn that could further affect opera3ons and

the ability to finance its opera3ons.

For more informa3on 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 Regula3on 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.