GLOBAL ENERGY METALS GRANTED URANIUM ROYALTY ON SASKATCHEWAN-BASED PROJECTS AND SHARES IN TERRA BALCANICA; TERMINATES AGREEMENT WITH FULCRUM METALS
(via TheNewswire)
Vancouver, BC / TheNewswire / April 3, 2024 / 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, development and project generating company focused on growth-oriented projects supporting the global transition to clean energy announces that, further to the Company’s news release dated January 30, 2024, the Company has mutually agreed with Fulcrum Metals Plc. (“Fulcrum”) to terminate the royalty purchase and option agreement entered into in January 2024 pursuant to which Global agreed to acquire an immediate 0.5% royalty on net smelter returns (the “NSR”) in Fulcrum’s Charlot-Neely, Fontaine Lake, Snowbird and South Pendlet...