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Global Energy Metals Announces High-Tech Metals Raises AUD $4.718m, Lists on the ASX and Completes on Acquisition of the Werner Lake Copper-Cobalt Project Resulting in Global Energy Becoming a 7.6% Shareholder in High-Tech
(TheNewswire) Vancouver, BC - TheNewswire - January 23, 2023 - Global Energy Metals Corpora...
About this update from Global Energy Metals Corp
[{"type":"text","content":"Global Energy Metals Announces High-Tech Metals Raises AUD $4.718m, Lists on the ASX and Completes on Acquisition of the Werner Lake Copper-Cobalt Project Resulting in Global Energy Becoming a 7.6% Shareholder in High-Tech\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 Vancouver, BC - TheNewswire - January\n23, 2023 - Global Energy Metals Corporation\n \n \n (\n \n \n TSXV:GEMC\n \n \n ) (\n \n \n OTC:GBLEF\n \n \n )\n \n \n (\n \n \n FSE:5GE1\n \n \n )\n \n \n (“Global Energy Metals”, the “Company” and/or\n“GEMC”)\n \n \n , a multi-jurisdictional,\nmulti-commodity critical mineral exploration and development company\nfocused on growth-oriented battery metal projects supporting the\nglobal transition to clean energy, is pleased to report that High-Tech\nMetals Limited (“High-Tech”) and/or “HTM”) has completed on\nthe acquisition of the Werner Lake copper-cobalt project in Ontario,\nCanada (“Werner Lake” and/or the “Project”) having raised AUD\n$4,718,000 and closing its initial public offering with its admission\nto the Australian Stock Exchange (“ASX”) under trading symbol\nHTM.\n \n \n \n \n Highlights of the Transaction\n \n \n \n \n \n \n HTM acquires the Werner Lake Cobalt Project located in\nnorth-western Ontario, within the Kenora Mining District from Global\nEnergy Metals Corporation (70%) and Marquee Resources Limited\n(30%).\n \n \n \n \n \n \n AUD $50,000 cash and 2,500,000 shares of High-Tech were\nreceived by GEMC upon closing of the transaction making Global Energy\na 7.6% shareholder of High-Tech.\n \n \n \n \n \n \n High-Tech now listed on the ASX with trading symbol HTM\nhaving raised AUD $4.718M dollars on its IPO.\n \n \n \n \n \n \n Indicated mineralisation remains open at depth and\nalong strike with the potential for undiscovered high grade\nzones.\n \n \n \n \n \n \n Substantial exploration has been committed to by\nHigh-Tech as they work to unlock the high-grade cobalt and copper\npotential of the Werner Lake property.\n \n \n \n \n \n \n Mitchell Smith, CEO of Global Energy\nMetals commented:\n \n \n \n \n “We are very pleased to close on\nthis transaction with High-Tech Metals and  see the Werner Lake\nproject with a group focused on advancing i...