Global Energy Metals Invests In Uranium Sector; Enters Agreement To Acquire Royalty And Option On Saskatchewan-Based Uranium Portfolio

Vancouver, BC / TheNewswire / January 30, 2023 / Global Energy Metals Corporation TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1 (“Global Energy Metals”, the “Company” and/or “GEMC”), a multi-jurisdictional, multi-commodity critical mineral exploration and development company focused on growth-oriented metal projects supporting the global transition to clean energy, is pleased to announce, subject to TSX Venture Exchange approval, that it has entered into a non-binding Letter of Intent (the “Agreement”) with the wholly owned subsidiary of Fulcrum Metals Plc, (“Fulcrum”) a company with shares that are quoted on the AIM market of the London Stock Exchange . Pursuant to the Agreement, Global Energy Metals will acquire an immediate 0.5% royalty on net smelter returns (the “NSR”) in Fulcrum’s Charlot-Neely, Fontaine Lake, Snowbird and South Pendleton uranium projects (collectively the “Projects”) located in Saskatchewan, Canada. GEMC will also be granted an option to acquire a 19.9% interest in the Projects as more […]

Click here to view original web page at www.juniorminingnetwork.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.