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Global Energy Metals Showcases Investment Exposure to Electric Vehicle and Battery Markets Through Cobalt Investment at Silver & Gold Summit in San Francisco
(via TheNewswire) Vancouver, BC / TheNewswire / October 25, 2018 - Global Energy Metal...
About this update from Global Energy Metals Corp
[{"type":"text","content":"\nGlobal Energy Metals Showcases Investment Exposure to Electric Vehicle and Battery Markets Through Cobalt Investment at Silver & Gold Summit in San Francisco(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / October 25, 2018 - Global Energy Metals Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (\"Global Energy Metals\", the \"Company\" and/or \"GEMC\") is pleased to announce its participation at the Cambridge House hosted Silver and Gold Summit in San Francisco, United States, where they will be showcasing investment exposure to the growing rechargeable battery and electric vehicle (\"EV\") markets through cobalt, a key ingredient to battery chemistry. \n\n \n \n\n\n\nClick Image To View Full Size\n\n\n\n \n \nThe event will be taking place Sunday October 28th and Monday October 29th, 2018 with Global Energy exhibiting at booth 504.\n\n\n \nIn addition, the Company will hold a speaking panel \"Mining the EV Revolution; Got Cobalt?\" on Monday October 29th at 2:00pm in the Resource Hall. In addition to providing background on corporate milestones achieved and upcoming catalysts the Company will also provide an opportunity for a Q&A session with attendees addressing the opportunity cobalt presents as a way to invest in the accelerated growth in the EV space. \n\n\n \nFor additional information on the Silver and Gold Summit and to register for the event please visit Cambridge House.\n\n\n \nPrivate Placement:\n\n\n \nOn September 20th, the Company announced a $500,000 Private Placement with net proceeds being used for the completion of the recently announced cobalt project acquistions, for marketing initiatives as well as general working capital requirements. \n\n \n \nThe Private Placement will consist of the issuance of a maximum of 6,666,667 units (the \"Units\") at a subscription price of CAD$0.075 per Unit. Each Unit will be comprised of one common share of the Company (a \"Share\") and one transferable common share purchase warrant (a \"Warrant\"). Each Warrant will be exercisable to purchase an additional Share of the Company for a period of 12 months from the closing date (\"Closing Date\") at a price of CAD$0.15 subject to acceleration. \n\n \n \nAll securities issued in connection with the Private Placement will be subject to a statutory hold period of 4 months plus a day from the Closing Date in accordance with...