Global Battery Issues Shares for Services
October 22, 2021
Vancouver, British Columbia, October 22, 2021 – Global Battery Metals Ltd. (TSX-V: GBML, Frankfurt: REZ, OTCQB: REZZF) (the “Company” or “GBML”) announces that it has issued an aggregate of 320,000 common shares for services rendered pursuant to a financial advisory services agreement between the Company and a third-party mining advisory firm dated March 15, 2021 (the “Agreement”). The Agreement was previously filed with and accepted by the TSX Venture Exchange.
Additional details can be found in the Company’s news release dated April 7, 2021.
The GBML common shares were issued at a deemed value of $0.265 being the closing price of the Company’s common shares on the TSX Venture Exchange on October 21, 2021.
About Global Battery Metals Ltd.
GBML is a mineral exploration company with a focus on metals that make up and support the rapid evolution to battery power. GBML’s common shares are listed on the TSX Venture Exchange and Frankfurt Stock Exchange and quoted on the OTCQB. GBML currently has three projects: (1) an option to acquire up to a 90% in the North-West Leinster lithium property in Ireland, (2) a 100% interest in the Lithium King property in Utah, and (3) a 55% stake in Peru-based Lara copper property, which has over 10,000 metres of drilling. As previously disclosed, Minsur S.A., a Peruvian mining company, entered into an option agreement with GBML and Lara Exploration Ltd. to acquire the Lara copper property for staged payments of USD$5.75 million. GBML will retain a 0.75% net smelter royalty.
Global Battery Metals Ltd.
Michael Murphy BA, MBA, MSc., ICD
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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