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Global Energy Metals And Zimtu Capital Agree To Terminate Option Agreement For The Monument Peak Project, Idaho
Vancouver, BC - TheNewswire - April 21, 2026 / Global Energy Metals Corporation TSXV:GEMC | OTC:GBLEF | FSE:5GE2 (“Global Energy Metals”, the “Company” and/or “
About this update from Global Energy Metals Corp
[{"type":"text","content":"Vancouver, BC - TheNewswire - April 21, 2026 / Global Energy Metals Corporation TSXV:GEMC | OTC:GBLEF | FSE:5GE2 (“Global Energy Metals”, the “Company” and/or “GEMC”), a multi-jurisdictional, multi-commodity critical mineral exploration, development and project generating company focused on growth-oriented projects supporting the global transition to the new energy economy, announces that it has mutually agreed with Zimtu Capital Corp. (“Zimtu”) to terminate the mineral property option agreement dated January 12, 2026 (the “Option Agreement”), as announced on January 14, 2026. The Option Agreement has been terminated pursuant to a mutual termination and release agreement entered into between the parties. The decision to terminate the Option Agreement was made as part of each party’s ongoing review of strategic priorities and opportunities, and as a result, the transactions contemplated under the Option Agreement will not proceed. The Company confirms that no shares were issued, no cash or other consideration was paid, and the option was not exercised pursuant to the Option Agreement. Accordingly, no interest in the Monument Peak project was transferred. For Further Information: Global Energy Metals Corporation Email: [email protected] t. + 1 (604) 688-4219 www.globalenergymetals.com Twitter: | | Global Energy Metals Corporation (TSXV:GEMC | OTC:GBLEF | FSE:5GE2) Global Energy Metals Corp. provides investors with direct exposure to the rapidly expanding new energy market through the development of a diversified, global portfolio of exploration and growth-stage critical mineral assets. The Company recognizes that the accelerating electrification of the global economy is fundamentally dependent on the secure supply of critical battery metals, including cobalt, nickel, copper, lithium and other essential raw materials. To help address this challenge and participate meaningfully in the electrification movement, Global Energy Metals has adopted a disciplined consolidate, partner and invest strategy, assembling and advancing a portfolio of strategically significant battery metal investments. Through its copper, nickel, cobalt, silver, lithium and uranium projects in Canada, Australia, Norway and the United States, Global Energy Metals is investing in, exploring and developing prospective, scalable assets loca...