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Global Energy Metals Announces Early Warrant Exercise Incentive Program to Advance Battery Mineral Projects in The United States
(TheNewswire) Vancouver, BC - TheNewswire - November 15, 2021 - G...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Announces Early Warrant Exercise Incentive Program to Advance Battery Mineral Projects in The United States\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Vancouver, BC - TheNewswire - November 15, 2021 -\n \n \n \n \n Global Energy Metals\nCorporation\n \n \n \n \n \n (\n \n \n \n \n \n TSXV:GEMC\n \n \n \n \n \n )\n \n \n \n \n |\n \n \n \n \n (\n \n \n \n \n \n OTC:GBLEF\n \n \n \n \n \n )\n \n \n \n \n |\n \n \n \n \n (\n \n \n \n \n \n FSE:5GE1\n \n \n \n \n \n )\n \n \n \n \n (“Global Energy Metals”, the\n“Company” and/or “GEMC\n \n \n \n \n ”)\n \n \n \n \n , a company involved in investment exposure to the battery\nmetals supply chain, is pleased to announce that the Company will make\nan application to the TSX Venture Exchange (the “Exchange”) for\napproval of the implementation of a proposed early warrant exercise\nincentive program (the “Incentive Program”) intended to encourage\nthe early exercise of up to 4,794,000 outstanding share purchase\nwarrants (the “Eligible Warrants”) of the Company.\n \n \n \n \n \n \n Proceeds of the Incentive Program will\nbe used to fund exploration expansion programs at the Company’s\nprojects in both Nevada and Idaho, USA and for general working\ncapital.  For more information on these programs please refer to the\nnews releases dated\n \n \n \n \n \n October 18,\n2021\n \n \n \n \n \n and\n \n \n \n \n \n September 9,\n2021\n \n \n \n \n \n .\n \n \n \n \n \n \n Mitchell Smith,\nPresident and CEO, stated:\n \n \n \n \n \n \n “\n \n \n \n \n This is an opportunity for in-the-money\nwarrant holders to exercise their Warrants early and receive a strong\nincentive to do so. It also provides additional capital to continue\nthe advancement of the Company’s corporate interests including\nexpanding the existing work programs at the battery mineral rich\nLovelock Cobalt Nickel Copper Mine and Treasure Box projects in Nevada\nand the Monument Peak Copper-Silver-Gold project in\nIdaho.\n \n \n \n \n ”\n \n \n \n \n \n \n The Eligible Warrants were originally\nissued by the Company as part of units of the Company issued pursuant\nto the Company’s private placement financing completed on\n \n \n \n \n \n September 29,\n2020\n \n \n \n \n \n . Each...