Global Energy Metals is pleased to announce that joint venture partner, Kingsrose Mining has commenced drilling at the Råna nickel-copper-cobalt project. Arctic Drilling AS has been engaged to complete the drilling, which has been designed to test compelling exploration targets comprising mineralised nickel-copper-cobalt massive sulphide at surface with coincident conductive electromagnetic plates at the [...]
Global Energy Metals is pleased to announce results from recent diamond drilling that was completed and is being sole-funded by joint venture partner Metal Bank Ltd. at the Millennium Project in northwest Queensland, Australia. These results include significant high grade graphite intervals adjacent to the existing Co-Cu-Au mineral resource of 8.4Mt @ 1.23% CuEq. Highlights High grade graphite returned from MI24DD001 [...]
Global Energy Metals is pleased to announce that joint venture partner, Kingsrose Mining Ltd. has entered into a drill service agreement with Arctic Drilling, headquartered in Finnmark County. The Drill Contract provides for the commencement of helicopter supported core drilling at the Råna nickel-copper-cobalt project in August 2024. GEMC has a 10% ownership of Narvik Nikel, a Norwegian holding company which holds [...]
Global Energy Metals is pleased to announce that, further to its news releases dated July 16, 2024 and July 17, 2024, it intends to close, subject to TSXV approval, its previously announced upsized non-brokered private placement of units of the Company at a price of $0.03 per Unit. Each Unit consists of one common share in the capital of the Company and one-half of one transferable Share purchase warrant. Each Warrant [...]
Global Energy Metals CEO Mitchell Smith joined Proactive's Stephen Gunnion after the company increased its non-brokered offering to $650,000 from $500,000 due to strong investor demand. Smith highlighted the challenges faced by junior mining companies in raising funds and expressed appreciation for the support from existing shareholders and larger investors. He invited further investments to help advance the company's [...]
Global Energy Metals announces that due to demand, the non-brokered private placement offering of up to 16,666,667 units at $0.03 per unit for gross proceeds of up to $500,000 previously announced in the Company's news release July 16, 2024 has been increased to up to 21,666,667 units at $0.03 per unit for gross proceeds of up to $650,000. All other terms will remain the same. Each Unit will consist of one common share of [...]
Global Energy Metals announces that it intends to complete a best efforts non-brokered private placement financing of up to 16,666,667 units at a price of $0.03 per Unit for gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company and one-half of one transferable common share purchase warrant. Each Warrant entitles the holder to acquire one additional common share of the Company at an [...]
Global Energy Metals is pleased to provide initial observations from recent drilling being conducted and sole-funded by joint venture partner Metal Bank Ltd. at the Millennium Project in northwest QLD, including significant and extensive graphite intervals adjacent to the existing Co-Cu-Au mineral resource of 8.4Mt @ 1.23% CuEq. Highlights • Thick graphite intersections observed in recent exploration drilling &bull [...]
Global Energy Metals is pleased to provide an update on the recent activities of its portfolio companies. Through the monetization of non-core assets, GEMC has assembled a portfolio of high-quality, high-upside equity investments in industry peers providing our shareholders a diversified approach to the resource sector, multiple commodities and jurisdictions. Metal Bank Ltd. - GEMC holds 13,541,000 common shares [...]
Global Energy Metals announces that, further to the Company's news release dated April 3, 2024, that Terra Balcanica Resources have entered into a definitive option agreement with a wholly owned subsidiary of Fulcrum Metals, to acquire a 100% interest in Fulcrum's uranium portfolio of exploration licences located in northern Saskatchewan, Canada and collectively encompassing 596.71 km2 of highly prospective ground for a [...]
Global Energy Metals is pleased to advise on the results of its Annual General and Special Meeting of Shareholders held Thursday, June 27, 2024 in person and through Microsoft Teams video conference. Each resolution and each nominee of the board of directors have been approved by a vast majority of the shares voted. Resolutions tabled at the AGSM as proposed in the Information Circular dated on May 23, 2024, included [...]
Global Energy Metals has been advised by its teleconference facility service provider that due to technical difficulties beyond its control, the teleconference facility outlined in the Company's Notice of Meeting and Management Information Circular for the Annual General and Special Meeting of shareholders scheduled for tomorrow, Thursday, June 27, 2024, at 10:00 a.m. Pacific , will not be available. Shareholders wishing [...]