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Global Energy Metals Announces Acquisition of Luna Energy and Portfolio of Highly Prospective Uranium and Energy Metal Projects
(TheNewswire) Vancouver, BC - TheNewswire - September 10 , 2025 / Global Energy...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Announces Acquisition of Luna Energy and Portfolio of Highly Prospective Uranium and Energy Metal Projects\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, BC - TheNewswire -\n \n\n September\n \n\n 10\n \n\n ,\n2025 / Global Energy Metals Corporation TSXV:GEMC | OTCQB:GBLEF |\nFSE:5GE1 (\n \n\n “Global Energy\nMetals”, the “Company”\n \n\n and/or\n \n\n “\n \n\n GEMC\n \n\n ”\n \n\n )\n \n\n ,\na multi-jurisdictional, multi-commodity critical mineral exploration,\ndevelopment and project generating company focused on growth-oriented\nprojects supporting the global transition to clean energy, is pleased\nto announce that it has entered into a letter of intent dated\nSeptember 9, 2025 (the “Letter of Intent”) with\n \n\n\n Luna Energy Ltd.\n \n\n\n\n (\"Luna\") to acquire all of the issued and outstanding common\nshares (\"Shares\") of Luna (the “\n \n\n\n\n Transaction\n \n\n\n\n ”), subject to the approval of the TSX Venture Exchange\n(the “\n \n\n\n\n Exchange\n \n\n\n\n ”\n \n\n\n\n )\n \n\n\n\n .  Global\nEnergy Metals\n \n\n\n\n is acquiring\nLuna and its underlying assets to significantly expand its position in\nthe uranium sector with immediate access and direct ownership of a\nportfolio of highly prospective uranium projects in an under-explored\nyet mining-friendly jurisdiction all at a time when nuclear power\ngeneration and the need for new sources of uranium is experiencing a\nrevival driven by ambitious climate goals and technology\ndemands.\n \n\n\n\n\n\n Mitchell Smith,\nPresident and CEO, Director commented:\n \n\n\n\n\n\n “GEMC is pleased to\ncollaborate with Luna Energy in a way that is mutually beneficial and\nenhances our exposure to potential discoveries of uranium\ndeposits\n \n\n\n\n at a pivotal time when global\n \n\n\n\n uranium demand\n \n\n\n\n , driven by the\nproliferation and rapid deployment of nuclear energy as a clean power\nsource, is projected to rise significantly over the next decade. In\nthis highly competitive uranium market, opportunities to acquire\nprojects of this quality are rare.\n \n\n\n\n\n\n The mining industry\nis currently undergoing a significant transformation driven by rising\ndemand for critical minerals, the ongoing energy...