Powered BY Cobalt … Driven BY Demand Global Energy Metals Appoints Suzhou-Headquartered New Tigers as China Representative FOR Project Investment and Cobalt Product Partnerships
TSX.V GEMC
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Powered by Cobalt … Driven by Demand
GLOBAL ENERGY METALS APPOINTS SUZHOU-HEADQUARTERED
NEW TIGERS AS CHINA REPRESENTATIVE FOR PROJECT
INVESTMENT AND COBALT PRODUCT PARTNERSHIPS
VANCOUVER, BC / TNW-ACCESSWIRE / MAY 24, 2017 / GLOBAL ENERGY
METALS CORP. TSXV:GEMC (“Global Energy Metals”, the “Company” and/or
"GEMC") is pleased to announce that it has appointed New Tigers Consulting
Limited (“New Tigers” and/or “NTC”) as its China Representative to seek
additional investors and material supply partners in Mainland China, Hong
Kong and Taiwan, further expanding its footprint into China, the world’s
largest importer and refiner of cobalt.
On March 22nd, 2017, GEMC announced the strategic partnership with Beijing
Easpring Technology Material Co., Ltd. (“Easpring”) to co-invest, co-develop
and jointly commercialize cobalt projects to meet the battery supplier’s
mandate to secure access to cobalt material. This partnership with NTC will
complement the agreement with Easpring and create opportunities for GEMC
to further cooperate with downstream battery manufacturers.
New Tigers has worked with a number of North American and Asian
companies facilitating off-take, finance, M&A and other business
combinations.
Mitchell Smith, President & CEO stated:
“We are pleased to welcome New Tigers as our Chinese representatives in
advancing the company’s cobalt material supply strategy. New Tigers will be
important partners in supporting GEMC’s penetration into the Chinese battery
metals market and bring forward strong funding opportunities to further
facilitate the continued growth of the company’s cobalt initiatives.”
On behalf of New Tigers, Dr. Wei Qian, Founder and Director said:
“We are extremely pleased to be working with Global Energy Metals and will
focus our efforts on achieving key partnership and funding milestones.”
As China Representative, NTC will be responsible for marketing commercial
mineral opportunities, establishing joint programs and material contracts,
and will assist GEMC to build stronger relationships with Chinese battery
cathode manufacturers. In addition, NTC will introduce Chinese capital to
invest into GEMC through direct project level stakes.
New Tigers has successfully financed, advised, created partnerships and
developed strategic plans for both international and Chinese companies
intending to expand their business activities in the overseas markets. New
Tigers is headquartered in Suzhou, Jiangsu Province, P. R. China, a major
economic centre and focal point for trade and commerce. NTC also has
branch offices in Shanghai, Beijing, Shenzhen, Dublin (Ireland) and Toronto,
Ontario (Canada).
Global Energy Metals Corporation (TSXV:GEMC)
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 and is advancing the Werner Lake Cobalt
Mine in Ontario, Canada.
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
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