Powered BY Cobalt … Driven BY Demand Global Energy Metals CEO Provides Insight ON How Shareholders CAN Benefit as the Electric Revolution Strengthens IN Exclusive Interview with Proactive
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 PROVIDES INSIGHT ON HOW
SHAREHOLDERS CAN BENEFIT AS THE ELECTRIC REVOLUTION
STRENGTHENS IN EXCLUSIVE INTERVIEW WITH PROACTIVE
Vancouver, BC / TheNewswire / May 12, 2022 / Global Energy Metals
Corpora2on TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (“Global Energy
Metals” , the “Company” and/or “GEMC”), a company involved in investment
exposure to the ba Gery metals supply chain, is pleased to announce
that Proac&ve issued an exclusive interview with Mitchell Smith, President &
CEO, and Director of Global Energy Metals.
Mitchell Smith shares insight in topics such as the world’s transi Oon away
from fossil fuels, raw materials in the ba Gery supply chain, as well as his
company’s strategy for moneOzing Global Energy Metals assets.
"The world's largest economies are ramping up their climate ambi6ons and I
think they're radically reimagining their economies because of this. I'm not shy
in saying that more needs to be done, not just with government but at all
levels, but I'll emphasize that it all starts with investment. There's going to be
hurdles along the way but the direc6on is clear, now is the 6me. And I keep
saying this: now is the 6me to be part of this incredible opportunity. It's a
transi6on unlike we've ever seen before and I think Global Energy Metals and
shareholders that follow along with us are going to benefit from it greatly as
this electric revolu6on strengthens.”
Read the full transcript of the interview below.
Global Energy Metals CEO Says Shareholders Expected to Benefit Greatly as
Electric Revolu2on Strengthens, Sean Mason - Senior Journalist, ProacXve
Proac&ve: Governments around the world are pledging to end local sales of
gasoline-and-diesel-powered vehicles in favour of those using zero-emission
technologies, with some having drawn that line less than 15 years from to-
day. As far as electric vehicles are concerned, what are the biggest chal -
lenges to realizing these goals?
Mitchell Smith: I'd say it comes down to three factors: investment; policy; and
industry. Even with the recogniOon that there's a massive need to implement
these private, public, and government iniOaOves, there's a significant discon-
nect in how we bridge that policy, investment, and industry to build out the
lithium-ion baGery supply chain. Developing a thriving industry not only de-
pends on the growth of the individual parts of the value chain, but really on
building the connecOons between those individual parts.
I'm starOng to see that this is really coming to fruiOon, with both local and
foreign governments pu\ng massive amounts of capital to work to build new
supply chains. We've seen that with Canada, with Australia, with the EU and
obviously with the US. And I'm seeing the automoOve industry and the bat-
tery manufacturers really looking to secure long-term supply contracts to en-
sure raw materials are available. A‘er many years in the space, I'm now see-
ing private and public capital being deployed into companies such as Global
Energy Metals to see these criOcal metals projects advance. And I think this is
just the start of the opportunity for investors and shareholders, and why now
is the opportunity to be ge\ng exposure to the sector .
Give us a sense of the current status of raw materials in the ba]ery supply
chain, and how do future supply scenarios match up with the demand from
manufacturers of electric vehicles and other high-tech products?
The simple answer is that at current rates of producOon the amount of raw
material produced for the lithium-ion baGery sector will quickly be inade-
quate. As we've witnessed with price volaOlity and growth in some of the key
commodiOes such as cobalt, nickel, lithium and others, that future demand is
starOng to play into the EV (electric vehicle) sector growth. The level of supply
for this is mulOple Omes less than the pace of growth for EV demand. This is
only going to be exacerbated as the world transiOons from internal combus-
Oon to electric, and at the same Ome there's other new energy technologies
that are being developed that require these key ingredients. I think the take-
away from this is that new supply must come online and with that it means
investment in the space.
Global Energy Metals is advancing projects in North America, Europe and
Australia. What is the raXonale behind operaXng in mulXple jurisdicXons?
As the saying goes, don't put all your eggs in one basket. And in our case,
don't pay for all those eggs to hatch using your own dollars. And this is really
the approach that Global Energy Metals is taking to this diversified commodity
and jurisdicOonally-wide approach to investment into the space. We've pur-
posely diversified not only our commodity base, but we've been strategically
selecOve in the jurisdicOons that we are operaOng in. We have project posi-
Oons in the world's top mining jurisdicOons in close proximity to emerging and
exisOng baGery manufacturing capacity. These are two factors that I think play
a really important role in us having a compeOOve advantage and strategic po-
siOon in what's becoming an emerging Net Zero economy and because of that
there's less need for transportaOon and material, and we think it can be pro-
duced in a cleaner fashion given where we have operaOons. We've also taken
a collaboraOve approach, where we're partnering with other industry peers,
uOlizing their regional and technical experOse, as well as capital to advance
our projects. And while we maintain project level exposure, we gain equity
exposure in these companies and minimize diluOon that would otherwise be
necessary to advance the assets. And, like I said, we sOll hold a diverse porgo-
lio of highly-prospecOve assets providing our shareholders with maximum ex-
posure to the lithium-ion baGery sector .
It must take a deep and talented team to keep so many projects going. Tell
us more about yourself and the people helping you to grow the company.
I'm very proud of the team we've been able to a Gract and build over the
years. The company's management, advisors, the board, and strategic part-
ners all hold decades of combined experience, not only as mining, financial
and technical experts, but also as leaders specifically in the lithium-ion baGery
industry. Take, for example, our partnership with American BaGery Technolo-
gy Company and the team they've assembled from the likes of Tesla, Apple
and others. It's relaOonships like this that we benefit from, and so do our
shareholders. So, I feel very fortunate to be able to surround myself with
leaders who share my passion and vision for the sector and who are equally
as dedicated to building a go-to baGery metals company.
Mineral exploraXon companies typically don’t have a near-term path to cash
flow. What is your strategy for moneXzing your assets?
Global Energy Metals provides shareholders exposure to baGery metals and
the overall electrificaOon mega trend. And we're doing that through a three
pillar strategy based on project acquisiOon, moneOzaOon, exploraOon, and
development, as well as peer collaboraOon. We've been acOve in moneOzing
our non-core projects while we move forward with exploraOon on those that
we feel are core to us. And in doing so, we benefit from the growth of those
non-core assets through partners and gaining valuable exposure to not only
peer companies but the underlying projects, royalOes and the assets they
hold.
For example, the COVID pandemic made it very restric Ove for travel, and
that's to do any work in Australia, especially as a foreign country, never mind
those within different states. We were sOll able to create value from our Aus-
tralian projects by first selling a small royalty to Electric RoyalOes for a sizeable
share posiOon in that company, and we get the added benefit and exposure to
baGery metals such as lithium, graphite, manganese, and On thru the 18 or so
different royalOes represenOng commodiOes that we don’t directly hold in our
porgolio. Now, further to that, we moneOzed the Millennium asset through a
partnership with Metal Bank, which is an ASX-listed company. They're joint
venturing and earning an 80% interest through project spend of $3 million.
Plus, we get $600,000 with their share equity. We did it again in Norway with
our Råna Project with an incoming partner called Metals One and their com-
mitment to fund development. It’s a promising, past-producing nickel project
in an emerging baGery manufacturing hub in Europe. So, it's a proven strategy
that we have and one that we feel gives our shareholders a diversi fied ap-
proach to the sector, commodiOes and jurisdicOons, but also minimizes dilu-
Oon and risk at the same Ome.
Finally, consumers have done a good job of adop Xng clean technologies,
with electric vehicles selling well, and in many jurisdicXons difficult to buy at
present. What about governments? What can governments do to ensure
not only conXnued adopXon, but also that the inputs required to support
clean-tech industries are available, and reliably so?
The world's largest economies are ramping up their climate ambiOons and I
think they're radically reimagining their economies because of this. Policy is
going to play an important role in the development of the ba Gery supply
chain and adopOng the philosophy that criOcal minerals are going to get us to
Net Zero is paramount. Governments across the globe are now awake and
they've realized that security of supply, something that we've been saying for
a while now, is vital to their na Oon's economic and strategic wellbeing.
They're now prioriOzing this with funding and promise to permit in support of
the facilitaOon of localized, or regionalized, electric vehicle materials supply
chain. I'm not shy in saying that more needs to be done, not just with gov -
ernment but at all levels, but I'll emphasize that it all starts with investment.
There's going to be hurdles along the way but the direcOon is clear, now is the
Ome. And I keep saying this: now is the Ome to be part of this incredible op-
portunity. It's a transiOon unlike we've ever seen before and I think Global En-
ergy Metals and shareholders that follow along with us are going to benefit
from it greatly as this electric revoluOon strengthens.
In addiOon, in collaboraOon with Amvest Capital, the Company recently
hosted a live webinar and Q&A with Project Development Manager Timothy
Strong who provided the audience with an update on recent milestones
including the successful drilling results from the area beneath the old
workings that supported underground mining of high-grade cobalt, nickel and
copper along with insight as to next steps and upcoming catalysts that it
believes should provide shareholders with conOnued growth opportuniOes.
To watch the recording of the event please use the following link or click on
the image below:
The Amvest Capital - Global Energy Metals Webinar
Global Energy Metals Corporation
(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals Corp. o ffers investment exposure to the growing
rechargeable baIery and electric vehicle market by building a diversi fied
global porJolio of explora6on and growth-stage baIery mineral assets.
Global Energy Metals recognizes that the prolifera 6on and growth of the
electrified economy in the coming decades is underpinned by the availability
of baIery metals, including cobalt, nickel, copper, lithium and other raw
materials. To be part of the solu 6on and respond to this electri fica6on
movement, Global Energy Metals has taken a ‘consolidate, partner and invest’
approach and in doing so have assembled and are advancing a por Jolio of
strategically significant investments in baIery metal resources.
As demonstrated with the Company’s current copper, nickel and cobalt
projects in Canada, Australia, Norway and the United States, GEMC is
inves6ng-in, exploring and developing prospec 6ve, scaleable assets in
established mining and processing jurisdic6ons in close proximity to end-use
markets. Global Energy Metals is targe6ng projects with low logis6cs and
processing risks, so that they can be fast tracked to enter the supply chain in
this cycle. The Company is also collabora 6ng with industry peers to
strengthen its exposure to these cri 6cal commodi6es and the associated
technologies required for a cleaner future.
Securing exposure to these cri6cal minerals powering the eMobility revolu6on
is a genera6onal investment opportunity. Global Energy Metals believe the
6me to be part of this electrifica6on movement.
For Further InformaXon:
Global Energy Metals CorporaOon
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
Email: [email protected]
t. + 1 (604) 688-4219
www.globalenergymetals.com
TwiGer: @EnergyMetals | @USBaHeryMetals | @ElementMinerals
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CauXonary Statement on Forward-Looking InformaXon:
Certain informa6on in this release may cons6tute forward-looking statements
under applicable securi6es laws and necessarily involve risks associated with
regulatory approvals and 6melines. Although Global Energy Metals believes
the expecta6ons expressed in such forward-looking statements are based on
reasonable assump6ons, such statements are not guarantees of future
performance and actual results or developments may differ materially from
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other factors, should change.
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and the length of travel and quaran6ne restric6ons imposed by governments
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in the human popula6on could result in a widespread health crisis that could
adversely affect the economies and financial markets of many countries,
resul6ng in an economic downturn that could further affect opera6ons and
the ability to finance its opera6ons.
For more informa6on on Global Energy and the risks and challenges of their
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