Global Energy Metals Corp CEO Discusses The Case For Battery Metals Amid Rising EV Adoption

Global Energy Metals Corp CEO Discusses The Case For Battery Metals Amid Rising EV Adoption

Global Energy Metals Corporation (TSXV:GEMC,OTCQB:GBLEF,FWB:5GE1) President and CEO Mitchell Smith sat down with StockPulse to discuss the role of battery metals like cobalt in the ongoing rise of the electric vehicle market.

Global Energy Metals Corporation (TSXV:GEMC,OTCQB:GBLEF,FWB:5GE1) President and CEO Mitchell Smith sat down with StockPulse to discuss the role of battery metals like cobalt in the ongoing rise of the electric vehicle market. In the interview, Smith says that companies like Global Energy Metals provide a solution for the supply chain challenges facing the electric vehicle and energy storage sectors. He says capital injection at the project level is important to sustain the mass-adoption of electric vehicles.

“We've really tried to make it abundantly clear that as much as we're cobalt-focused, we're very much a battery minerals company and we're focused on providing that much-needed exposure to the growing energy storage and vehicle electrification sectors, which we believe are the biggest investment opportunity trends there are today," Smith said in the interview.

To supply the raw materials for battery supply chains, Global Energy Metals Corporation is building a diversified portfolio of cobalt assets in multiple safe, pro-mining jurisdictions around the world. The company is in the process of acquiring 100 percent of the Millennium cobalt project in Mt. Isa, Australia as well as other nearby projects. Global Energy Metals is also in the process of acquiring an 85 percent interest in the Lovelock mine in Nevada as well as the nearby Treasure Box property. Finally, the company owns the Werner Lake cobalt project on the Manitoba-Ontario border.

See the full interview at StockPulse.

Click here to connect with Global Energy Metals Corporation (TSXV:GEMC,OTCQB:GBLEF,FWB:5GE1) for an Investor Presentation.

Petratherm Limited Announces Filing of Early Warning Report Related to the Disposition of Common Shares of Outback Goldfields Corp.

Petratherm Limited (ASX: PTR) (“Petratherm”) announces that it has filed an early warning report (the “Report”) announcing that it has disposed of 33,333,333 common shares (the “Disposed Shares”) of Outback Goldfields Corp. (CSE:OZ) (formerly, Skarb Exploration Corp.) (“Outback Goldfields“). Petratherm acquired the Disposed Shares as consideration for the sale of its gold projects located in Victoria, Australia. Unless permitted under securities legislation, Petratherm must not trade the common shares before April 16, 2021. Following the expiry of this restriction period, Petratherm distributed all of the Disposed Shares in specie to its shareholders effective today. Following the disposition of the Disposed Shares, Petratherm holds nil shares of Outback Goldfields.

This press release is being issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bids and Insider Reporting Issues in connection with the filing of the Report by Petratherm.

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AU$4 Billion Galaxy/Orocobre Merger to Create Top 5 Lithium Company

Australia’s Orocobre (TSX:ORL,ASX:ORE) and Galaxy Resources (ASX:GXY,OTC Pink:GALXF) agreed this week to join forces in a AU$4 billion “merger of equals.” The deal comes as demand for lithium for electric vehicle (EV) batteries continues to pick up pace.

Once the merger is complete, the new company will become a top five lithium chemicals company globally — and top three outside of China — with production capacity of around 40,000 tonnes of lithium carbonate equivalent per year.

“The merged entity’s growth opportunities in both brine and hard rock position it uniquely to take advantage of expected rising EV demand for lithium,” Galaxy Chairman Martin Rowley said.

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IIROC Trading Halt – TMRR

The following issues have been halted by IIROC:

Company: Tempus Resources Ltd.

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Cleantech Investing in Australia

Climate change is a looming issue for Australians, with 82 percent concerned about bushfires and 81 percent worried that drought or flooding will affect crop production and food supply.

This is where conscious investors look to the cleantech sector, which covers everything from renewable energy to low-emission technologies to water technology to battery storage and more.

What should investors know about cleantech in Australia before they jump in? Read on for a look at key factors, including market size, the industries encompassed by cleantech and big players to watch.

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Galaxy Resources Limited Announcement

Galaxy Resources Limited (ASX: GXY) ( Company ) advises that the following announcement has been made to the Australian Securities Exchange which appears on the Company’s platform (ASX):

  • Becoming a substantial holder

The announcement can be viewed at:
https://www2.asx.com.au/markets/trade-our-cash-market/announcements.gxy

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