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Global Energy Metals Corporation ( (TSE:GEMC) ) has shared an announcement.
Global Energy Metals Corporation has entered into a non-binding agreement with NeoLithica Ltd. to acquire a 19.9% interest and a 1% net smelter return royalty in the Peace River Lithium Project in Alberta. This move positions Global Energy Metals strategically within the burgeoning lithium market, which is crucial for clean energy transition given the projected growth and increasing demand for battery-grade lithium.
More about Global Energy Metals Corporation
Global Energy Metals Corporation is a multi-jurisdictional, multi-commodity critical mineral exploration and development company focused on growth-oriented metal projects supporting the global transition to clean energy.
YTD Price Performance: 0%
Average Trading Volume: 34,901
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.22M
Learn more about GEMC stock on TipRanks’ Stock Analysis page.