Powered by Cobalt … Driven by Demand GLOBAL ENERGY METALS ENGAGES QUBEX CAPITAL AS FINANCIAL 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 ENGAGES QUBEX CAPITAL AS
FINANCIAL ADVISOR
Vancouver, BC / TheNewswire / January 18, 2021 / Global Energy
Metals Corporation TSXV:GEMC | OTC:GBLEF | FSE:5GE1 ( “ G l o b a l
Energy Metals”, the “Company” and/or “GEMC”) is pleased to
announce that it has engaged Qubex Capital Inc. ("Qubex Capital") as
financial advisor. Qubex will assist in reviewing various financing
strategies and aiding in the identification and evaluation of strategic
proposals to strengthen the Company’s exposure to the junior
resource market focused within the battery and clean energy sector,
with a view to maximizing shareholder value.
Steven Velimirovic, Managing Diretor of Qubex comments:
“Qubex looks forward to working with Global Energy Metals and
support their financial and strategic growth initiatives as they
continue to build exposure and capitalize on the the bullish battery
metals market.”
Mitchell Smith, President, CEO and Director also comments:
“We are pleased to have engaged an innovative, resource focused
firm to represent Global Energy Metals as we take the next steps in
maximizing investment exposure in the battery supply chain. We look
forward to working with Qubex to evaluate, develop and execute on
financing strategies that are well aligned with our business strategy.
Additionally we believe that given Qubex’s extensive network that
they will be well positioned to identify attractive business
combination opportunities in industries related to electrification as
well as in broader disruptive technology sectors, providing GEMC
with an opportunity for transformational growth and shareholder
value creation.”
Qubex Capital is an independent, full-service capital markets
company that through significant global experience and exposure to
an extensive network of relationships with management teams of
public and private companies, private equity and venture capital
sponsors, other public investors, investment bankers and lenders
across multiple sectors, including the mining, technology and
technology services sectors, will provide M&A and financing advice
which will be instrumental in Global Energy’s efforts.
Qubex Capital is headed by Mr. Steven Velimirovic who, having over
15 years of investment banking experience, has advised on a number
of prominent M&A, equity and debt transactions totaling over USD $50
billion in the mining industry. Mr. Velimirovic has devised and
implemented various strategic advisory initiatives in major mineral
resource markets globally having formerly worked with BMO Capital
Markets, UBS and Société Générale.
There can be no assurances that any transaction will result from these
matters and the Company will apprise shareholders of any
developments.
Werner Lake Update
CBLT Inc. (“CBLT”) has informed GEMC that it will not be proceeding
with the Werner Lake acquisition at this time as previously announced
on November 26, 2020. Road access to Werner Lake is only from
Ontario through Manitoba and back into Ontario to reach the
property. This access issue means CBLT has not been able to, and for
the foreseeable future will not be able to, complete its technical due
diligence until the easing of restrictions related to COVID-19, and as a
result management cannot deliver a complete due diligence report to
CBLT’s board of directors.
Global Energy Metals Corporation
(TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1)
Global Energy Metals is focused on offering investment exposure to
the raw materials deemed critical for the growing rechargeable
battery market, by building a diversified global portfolio of battery
mineral assets including project stakes and sector specific equity
positions. GEMC anticipates growing its business through the
acquisition and development of battery mineral projects alongside
key strategic partners. The Company holds 100% of the Millennium
Cobalt Project and two neighbouring discovery stage exploration-
stage cobalt assets in Mount Isa, Australia positioning it as a leading
cobalt-copper explorer and developer in the famed mining district in
Queensland, Australia. The Company holds an 85% interest in two
battery mineral projects, the Lovelock Cobalt Mine and Treasure Box
Project, located on the doorstep of the world’s largest lithium-ion
battery production plant, GigaNevada that Tesla Motors Ltd. and
partner Panasonic Corp. have built in Nevada, USA. Additionally, the
Company holds a 70% interest in the past-producing Werner Lake
Cobalt Mine project 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
www.globalenergymetals.com
Twitter: @EnergyMetals | @USBatteryMetals | @ElementMinerals
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.
GEMC’s operations could be significantly adversely affected by the
effects of a widespread global outbreak of a contagious disease,
including the recent outbreak of illness caused by COVID-19. It is not
possible to accurately predict the impact COVID-19 will have on
operations and the ability of others to meet their obligations,
including uncertainties relating to the ultimate geographic spread of
the virus, the severity of the disease, the duration of the outbreak,
and the length of travel and quarantine restrictions imposed by
governments of affected countries. In addition, a significant
outbreak of contagious diseases in the human population could result
in a widespread health crisis that could adversely affect the
economies and financial markets of many countries, resulting in an
economic downturn that could further affect operations and the
ability to finance its operations.
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.