Powered by Cobalt … Driven by Demand GLOBAL ENERGY METALS APPOINTS ACCOMPLISHED MINING EXECUTIVE BASSAM MOUBARAK AS STRATEGIC ADVISOR
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 APPOINTS ACCOMPLISHED
MINING EXECUTIVE BASSAM MOUBARAK AS STRATEGIC
ADVISOR
Vancouver, BC / TheNewswire / May 3, 2018 / Global Energy Metals
Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 ( “ G l o b a l
Energy Metals”, the “Company” and/or "GEMC") is pleased to
announce the appointment of Mr. Bassam Moubarak as a Strategic
Advisor to the Company.
This appointment comes at a pivotal time as Global Energy Metals
recently announced very positive results f r o m f i v e h o l e s a t t h e
Millennium Cobalt Project in Mt. Isa. All holes intersected wide and
high grade co-product cobalt and further assays are expected shortly
on additional holes. The results so far show confirmation of the
existing JORC (2012) resource area and confirm thick areas of
mineralisation critical for an economic cobalt deposit.
Commenting on the appointment, Mitchell Smith, President & CEO-
said, "We are very pleased to have Mr. Moubarak join the Global En-
ergy Metals team and assist with our rapidly evolving cobalt portfolio
in Mt. Isa Australia. Bassam brings knowledge and experience in re-
source development and financing that will be invaluable to Global
Energy Metals and I believe will prove to be paramount to our success
in the Company’s cobalt focused growth strategy.”
“I am excited to join Global Energy Metals as a strategic advisor.
Building on managements expertise in the cobalt space, I look
forward to working with them to assist wherever I can to help unlock
and create value for the shareholders,” said Moubarak.
Over the past decade, Mr. Moubarak, a Chartered Professional
Accountant, has been active in the restructuring and refinancing of a
number of junior resource companies. He has served as an officer
and director of several mining and exploration companies including
his most recent role as CFO of Lithium X of which he was pivotal in
the execution of its takeover by the Hong Kong acquistion vehicle
NextView.
He also served as Chief Financial Officer of Goldrock Mines Corp.
where he played a key role in its sale to Fortuna Silver Mines Inc. for
$180 million. He was Chief Financial Officer of Petaquilla Minerals
Ltd. where he was instrumental in raising in excess of $120 million to
develop and bring into production the Molejon Gold Mine. He also
played a key role in the sale of Petaquilla Copper Ltd. to Inmet Mining
Corporation for $400 million and negotiated the sale of Golden Arrow
Resources Corporation's 1% net smelter royalty on Gualcamayo Gold
Mine to Premier Royalty Inc. for $17.75 million. Mr. Moubarak also
previously held the position of senior manager with Deloitte
& Touche LLP ., where he led audits of public companies and oversaw
SOX 404 implementations with specific emphasis on the mining
industry.
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 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.