Global Battery Metals to Increase Leinster Lithium Project Equity Interests to 55% With Second Property Option Exercise
Global Battery Metals to Increase Leinster Lithium Project Equity Interests to 55% With Second Property Option Exercise
Company Also Confirms Pursuit of Third and Final Option for 90% Earn-In Stake
公司還確認尋求獲得90％收益股份的第三個也是最後一個期權
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2023) - Global Battery Metals Ltd. (TSXV: GBML) (OTCQB: REZZF) (FSE: REZ) (the "Company" or "GBML" or "Global Battery Metals"), an international critical mineral exploration company focused on growth-oriented lithium and battery metal projects, announces the Company has elected to exercise its Second Option ("Second Option Earn-In") with respect to the Leinster Lithium Property (the "Property" or the "Project") in accordance with the terms of an amended and restated letter of intent dated August 15, 2022 (the "Amended and Restated Letter of Intent"), between the Company and LRH Resources Ltd. ("LRHR"), an arm's-length private exploration company and wholly-owned subsidiary of Technology Minerals Plc.
不列顛哥倫比亞省溫哥華--（Newsfile Corp. ——2023 年 7 月 13 日）——Global Battery Metals Ltd.（多倫多證券交易所股票代碼：GBML）（OTCQB：REZF）（FSE: REZ）（”公司“或”GBML“或”全球電池金屬“）是一家專注於以增長爲導向的鋰和電池金屬項目的國際關鍵礦產勘探公司，宣佈該公司已選擇行使第二期權（”第二種選擇 Earn-In“) 關於倫斯特鋰業的財產（”財產“或者”項目“) 根據2022年8月15日經修訂和重述的意向書的條款（”經修訂和重述的意向書“)，在公司與 LRH Resources Ltd. 之間（”LRHR“），一家獨立的私人勘探公司，也是Technology Minerals Plc的全資子公司。
With the Second Option Earn-In exercise, GBML will acquire an additional 37.5% equity interest, bringing the Company's total equity interest in the Project to 55%. Having now spent the required €500,000 on Property exploration and development, the Company will pay Technology Minerals Plc, the parent company and owner of LRHR, €5,000 in cash and issue 385,000 common shares at a deemed price of $0.17 per share, on or about July 27, 2023. The issuance of the common shares remains subject to the approval of the TSX Venture Exchange. Project fulfilment requirements were previously announced in the Company's August 19, 2022 news release.
通過第二期權收益行使，GBML將額外收購37.5％的股權，使公司在該項目中的總股權達到55％。該公司現已在房地產勘探和開發上花費了所需的50萬歐元，將在2023年7月27日左右向母公司兼LRHR的所有者Technology Minerals Plc支付5,000歐元的現金，並以每股0.17美元的認定價格發行38.5萬股普通股。普通股的發行仍需獲得多倫多證券交易所風險投資交易所的批准。項目完成要求此前已在公司2022年8月19日的新聞稿中公佈。
The Project, located south of Dublin in the counties of Wicklow and South Carlow in the Republic of Ireland, is a promising lithium pegmatite project consisting of 16 prospecting license areas situated adjacent to the joint Ganfeng Lithium / International Lithium Corporation Blackstairs Lithium Project, and covering approximately 525 km2 along and adjacent to the East Carlow Deformation Zone (ECDZ) which is recognised as a major controlling structure to pegmatite emplacement.
該項目位於愛爾蘭共和國都柏林以南的威克洛縣和南卡洛縣，是一個前景光明的鋰偉晶岩項目，由16個勘探許可證區域組成，毗鄰甘峯鋰業/國際鋰業公司Blackstairs聯合鋰項目，沿着被公認爲偉晶岩陣地的主要控制結構的東卡洛變形區（ECDZ）佔地約525平方公里。
The Project's drill program, currently underway at the Knockeen Prospect, is permitted for up to 10 drill holes and has recorded multiple pegmatite intercepts in the first holes, which are currently being processed and analyzed. Exploration activities have confirmed expansive lithium mineralization across a number of Project areas, with assay results of 66 rock samples released by ALS Laboratories earlier this year returning Li2O% lithium contents ranging up to 3.75 % Li2O / 17,410 ppm Li.
該項目的鑽探計劃目前正在Knockeen Prospect進行，最多允許鑽10個孔，並且在第一個洞中記錄了多個偉晶岩截獲物，目前正在處理和分析中。勘探活動證實，許多項目區域都有大量的鋰礦化，ALS Laboratories在今年早些時候發佈的66個岩石樣本的化驗結果返回了Li2O% 鋰含量不超過 3.75% 鋰2O/17,410 ppm Li。
"Our 2023 Leinster Lithium Project exploration includes both drill and surface exploration programs," said Michael Murphy, CEO of Global Battery Metals. "Without a doubt, the Knockeen Prospect drilling is our top priority, but surface exploration and sampling continues across both northern and southern licensed areas. There's a lot or very promising ground to cover, and our priority target list continues to grow. We believe SE Ireland is home to an untapped lithium district in the making."
Global Battery Metals首席執行官邁克爾·墨菲說：“我們的2023年倫斯特鋰項目勘探包括鑽探和地表勘探項目。”“毫無疑問，Knockeen Prospect鑽探是我們的首要任務，但北部和南部許可區域的地表勘探和採樣仍在繼續。還有很多或非常有希望的領域要做，而且我們的優先目標清單還在繼續增長。我們相信，愛爾蘭東南部是一個尚未開發的鋰礦區的所在地。”
Responsibility to the Environment
All mineral exploration activities in Ireland take place under the auspices of the GSRO, a division within the Government Department of the Environment, Communications & Climate Change. Exploration is governed under the framework of both Irish and EU legislation that has been implemented to ensure that the environment is protected during exploratory work. Prospecting licence holders must comply with all of the relevant legislation. The Company is pleased to confirm that it adheres to the highest standards of good practice in relation to its ongoing exploration activities having completed a detailed GSRO "Appropriate Assessment" process prior to commencement and which was reviewed, approved and signed off by the appropriate oversight authorities.
對環境的責任
愛爾蘭的所有礦產勘探活動均在GSRO的主持下進行，GSRO是政府環境、通信和氣候變化部下屬的一個部門。勘探受愛爾蘭和歐盟立法的框架管轄，該立法的實施旨在確保在勘探工作期間保護環境。探礦許可證持有人必須遵守所有相關立法。公司很高興地確認，在正在進行的勘探活動中，它遵守了良好做法的最高標準，在開始之前完成了詳細的GSRO “適當評估” 流程，並經過了相應監督機構的審查、批准和簽署。
Competent Person
All scientific and technical information in this announcement has been prepared under the supervision of and reviewed and approved by EurGeol Vaughan Williams, M.Sc., P.Geo., (Principal of Aurum Exploration Services currently providing exploration services to GBML and to LRH Resources Limited ("LRH")), a "qualified person" within the meaning of National Instrument 43-101.
合格人員
本公告中的所有科學和技術信息均在 Eurgeol Vaughan Williams、理學碩士、P.Geo.（目前爲 GBML 和 LRH Resources Limited 提供勘探服務的 Aurum Exploration Services 負責人）的監督、審查和批准下編寫（”LRH“)），國家儀器 43-101 所指的 “合格人員”。
The Knockeen Prospect forms part of the Project exploration block, which is operated under an exclusive option and earn-in agreement with Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, and its wholly owned subsidiary LRH.
Knockeen Prospect是項目勘探區塊的一部分，該區塊是根據與英國第一家專注於爲電池金屬創造可持續循環經濟的上市公司Technology Minerals Plc（倫敦證券交易所股票代碼：TM1）及其全資子公司LRH的獨家期權和收益協議運營的。
About Global Battery Metals Ltd.
GBML is an international mineral exploration and development company with a focus on lithium and other metals that comprise and support the rapid evolution to battery power. GBML currently maintains economic interests in four battery metal projects: (1) an option to acquire up to a 90% in the drill-ready Leinster Lithium Property in Ireland; (2) a 100% interest in the drill-ready Lithium King Property in Utah; (3) an option to acquire up to a 100% interest in the La Poile Lithium Project in Newfoundland; and (4) 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. GBML's common shares are listed on the TSX Venture Exchange (TSXV: GBML); Frankfurt Stock Exchange (FSE: REZ); and are quoted on the OTC Markets (OTCQB: REZZF).
關於環球電池金屬有限公司
GBML 是一家國際礦產勘探和開發公司，專注於構成和支持電池動力快速演變的鋰和其他金屬。GBML目前在四個電池金屬項目中持有經濟利益：（1）收購愛爾蘭準備鑽探的倫斯特鋰業高達90％的股份；（2）收購猶他州準備鑽探的Lithium King地產的100％權益；（3）收購紐芬蘭拉波伊爾鋰礦項目高達100％的權益；（4）收購總部位於祕魯的Lara Copper Property55％的股份，擁有超過 10,000 米的鑽探深度。正如先前披露的那樣，祕魯礦業公司Minsur S.A. 與GBML和Lara Exploration Ltd.簽訂了期權協議，以分階段支付575萬美元的價格收購Lara銅業。GBML將保留0.75％的冶煉廠淨特許權使用費。GBML的普通股在多倫多證券交易所風險交易所（多倫多證券交易所：GBML）、法蘭克福證券交易所（FSE：REZ）上市；並在場外交易市場（OTCQB：REZZF）上市。
Global Battery Metals Ltd.
Michael Murphy BA, MBA, MSc., ICD
President & CEO
T: 604-649-2350
E: MM@gbml.ca
W:
環球電池金屬有限公司
邁克爾·墨菲文學士、工商管理碩士、理學碩士、ICD
總裁兼首席執行官
T: 604-649-2350
E: MM@gbml.ca
W：
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.
多倫多證券交易所風險投資交易所及其監管服務提供商（該術語在多倫多證券交易所風險投資交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
Cautionary Statement Regarding "Forward-Looking" Information
關於 “前瞻性” 信息的警示聲明
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating the future operations and activities of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, the Company's exploration plans at the Leinster Lithium Project, including the drill program, receipt of regulatory and stock exchange approvals in connection with the exercise of the Second Option Earn-In, and the closing of the Second Option Earn-In. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions, and the receipt of any required regulatory approvals. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Readers are urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at for a more complete discussion of such risk factors and their potential effects. The Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
本新聞稿包含適用的證券立法所指的某些 “前瞻性信息” 和 “前瞻性陳述”（統稱爲 “前瞻性陳述”）。除歷史事實陳述外，此處包含的所有陳述均爲前瞻性陳述，但不限於與公司未來運營和活動有關的陳述。前瞻性陳述通常但並非總是用 “期望”、“預期”、“相信”、“打算”、“估計”、“潛在”、“可能” 和類似表達方式等詞語來識別，或者關於事件、條件或結果 “將”、“可能” 或 “應該” 發生或實現的陳述。除其他外，本新聞稿中的前瞻性陳述涉及該公司在倫斯特鋰項目的勘探計劃，包括鑽探計劃、獲得與行使第二期權收益相關的監管和證券交易所批准以及第二期權收益的收盤。無法保證此類陳述會被證明是準確的，實際結果和未來事件可能與此類陳述中的預期存在重大差異。前瞻性陳述反映了陳述發表之日的信念、觀點和預測，並基於許多假設和估計，儘管公司認爲這些假設和估計是合理的，但本質上會受到重大的商業、經濟、競爭、政治和社會不確定性和突發事件的影響。許多因素，無論是已知的還是未知的，都可能導致實際業績、業績或成就與此類前瞻性陳述所表達或可能表達或暗示的業績、業績或成就存在重大差異，各方根據其中許多因素做出了假設和估計。這些因素包括但不限於完成擬議勘探工作的能力、勘探結果、資本的持續可用性、總體經濟、市場和商業狀況的變化，以及獲得任何必要的監管批准。讀者不應過分依賴本新聞稿中包含的有關這些項目的前瞻性陳述和信息。我們敦促讀者參考公司的報告，這些報告可通過加拿大證券管理機構電子文件分析和檢索系統（SEDAR）公開發布，以更全面地討論此類風險因素及其潛在影響。除非適用的證券法要求，否則如果信念、觀點、預測或其他因素的前瞻性陳述發生變化，公司不承擔任何義務對其進行更新。
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