Powered by Cobalt … Driven by Demand GLOBAL ENERGY METALS CLOSES PRIVATE PLACEMENT

TSX.V GEMC

www.globalenergymetals.com

Suite 1501,

Sun Tower

128 West Pender St.

Vancouver, BC

V6B 1R8

T +1.604.688.4219

Twitter @EnergyMetals

Powered by Cobalt … Driven by Demand

GLOBAL ENERGY METALS CLOSES PRIVATE PLACEMENT

VANCOUVER, BC / TNW-ACCESSWIRE / JUNE 27, 2017 / GLOBAL ENERGY

METALS CORP. TSXV:GEMC | FSE:5GE1 (“Global Energy Metals”, the

“Company” and/or "GEMC") is pleased to announce that, further to its news

release dated June 19, 2017 the Company has closed a non-brokered private

placement financing (the “Private Placement and/or the Offering”) for total

gross proceeds of $217,431.

The Company has allotted and issued 1,242,465 units (the “Units”) at a price

of $0.175. Each Units consists of one common share and one transferable

Global Energy Metals common share purchase warrant, each transferable

warrant entitling the holder to acquire one additional common share of the

Company for a period of up to 12 months at a price of CAD $0.30.

The Warrants contain an acceleration provision, whereby in the event the

daily VWAP of the common shares of GEMC is at least CAD $0.40 per share

for 10 consecutive trading days, GEMC will have the right to accelerate the

expiry date of the Warrants to the date which is 30 days after notice is given

tot he holders of the warrants of the accelerated expiry date and a news

release to that efficiency is given.

The Company intends to use the proceeds from the Private Placement for

general working capital.

All securities issued in connection with the Private Placement are subject to a

four-month and one-day hold period in accordance with applicable securities

legislation. There were no finder’s fees paid in connection with the Offering.

Global Energy Metals Corporation (TSXV:GEMC | 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 and is advancing the Werner Lake Cobalt

Mine in Ontario, Canada and has entered into an agreement to earn-in to the

Millennium Cobalt Project 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

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.