Powered BY Cobalt … Driven BY Demand Global Energy Metals to Further Enhance Market Exposure Through Dual-Listing of Its Shares ON London Based Investment Exchange
TSX.V GEMC
www.globalenergymetals.com
Suite 1501,
Sun Tower
128 West Pender St. Vancou-
ver , BC
V6B 1R8
T +1.604.688.4219
Twitter @EnergyMetals
Powered by Cobalt … Driven by Demand
GLOBAL ENERGY METALS TO FURTHER ENHANCE MARKET
EXPOSURE THROUGH DUAL-LISTING OF ITS SHARES ON
LONDON BASED INVESTMENT EXCHANGE
Vancouver, BC / TheNewswire / February 21, 2019 / Global Energy
Metals Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1
(“Global Energy Metals”, the “Company” and/or "GEMC") is pleased
to announce that it has commenced the process of pursuing a dual-
listing of the Company’s securities on a recognized investment
exchange in London, UK. GEMC already has a large investor-base in
the UK and has been in discussions for many months to action this
process. The company believes that the listing will support its existing
UK-shareholders and enhance its market exposure through offering
the UK-market direct-access to GEMC on a domestic exchange.
“The timing is ideal to further enhance the profile of Global Energy
Metals as it complements our recent acquisitions and project growth
initiatives in Australia and North America at a time when exposure to
energy metals has never been more attractive. A UK co-listing will
allow European investors to participate in the increased demand for
battery minerals brought on by the aggressive growth and continued
global adoption of electric vehicles that our cobalt projects in safe,
stable, top-tier mining jurisdictions offer,” said Mitchell Smith, CEO
and Director.
The Company has completed a detailed review of the potential
benefits that a dual-listing could provide given an already strong
shareholding base in the UK and has now elected to advance a
secondary listing strategy that will provide GEMC increased exposure
and access to additional investors and global capital in a firmly
established, leading financial centre.
Peterhouse Capital Ltd. (“Peterhouse”) has been engaged to act as
lead advisor and manager of the proposed listing process. Peterhouse
is an integrated financial services group, dedicated to the needs of
growth-orientated and entrepreneurial companies. Peterhouse is one
of the leading independent small cap brokers providing a full range of
advisory and broking services to Main Market, AIM and NEX Exchange
Growth Market companies and to companies looking to join these, or
similar , markets.
Additional updates on timing will be provided with respect to the co-
listing in the UK. The company’s common shares will continue to
trade on Toronto Venture Stock Exchange (TSXV) under its “GEMC”
symbol.
In addition, the Company wishes to advise that Mr. Paul Sarjeant has
tendered his resignation as VP Projects of the Company to pursue a
leadership position within the resource sector. Mr. Sarjeant remains
as a member of the Board and will act as the Qualified Person as
defined by National Instrument 43-101 - Standards of Disclosure for
Mineral Projects.
Mr. Sarjeant has expressed his ongoing support for the Company and
towards the significant resource upside potential and future
development at Global Energy’s flagship Millennium Cobalt Project in
Queensland, Australia and its strong portfolio of growth-stage
exploration assets in Ontario, Canada and Nevada, USA.
Mitchell Smith commented, “I would like to take this opportunity to
thank Paul for his hard work and commitment having played a critical
role in the building and growing of Global Energy Metals into what it
is today. On behalf of the Board and the Management of GEMC I
would like to wish Paul all the very best in his new role and
appreciate his continued support of our company as Director and QP .”
Over the next few months, the Company will be conducting a search
to find a replacement and secure the lead geologist role to
complement the current technical leadership of its Board and
Advisors. During this transition period, while it is the Company’s
priority to find the best individual to contribute to the exploration
and advancement of our global cobalt assets, we will still maintain a
stable and effective organization through the benefit of the
technical, jurisdictional and geological expertise of our established
project managers in Australia, Canada and the United States.
Global Energy Metals Corporation
(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals is focused on offering security of supply of
cobalt, a critical material to the growing rechargeable battery
market, by building a diversified global portfolio of cobalt assets
including project stakes, projects and other supply sources. GEMC
anticipates growing its business by acquiring project stakes in battery
metals related projects with key strategic partners. Global Energy
Metals currently owns 70% of the Werner Lake Cobalt Mine in Ontario,
Canada, has an option to acquire an 85% interest in two cobalt
exploration projects in Nevada, 150km East of the Tesla Gigafactory,
and has entered into an agreement to acquire 100% of the Millennium
Cobalt Project and two neighbouring discovery stage exploration-
stage cobalt assets in Mt. Isa, Australia.
For Further Information:
Global Energy Metals Corporation
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
Email: [email protected]
t. + 1 (604) 688-4219 extensions 236/237
Twitter: @EnergyMetals
Cautionary Statement on Forward-Looking Information:
Certain information in this release may constitute forward-looking
statements under applicable securities laws and necessarily involve
risks associated with regulatory approvals and timelines. Although
Global Energy Metals believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
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 obligation to update these forward-looking statements
in the event that management’s beliefs, estimates or opinions, or
other factors, should change. For more information 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 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.
We seek safe harbour.