Global Energy Metals Enters Into Option Agreement to Advance the Monument Peak Silver Copper Gold Project, Idaho

Vancouver, BC - TheNewswire - April 29, 2026 - Global Energy Metals Corporation ( TSXV:GEMC | OTC:GBLEF | FSE:5GE2 ) ( “ 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 the new energy economy, is pleased to announce that it, amongst others, (collectively with GEMC, the “ Optionors ” ) has entered into an arm ' s length option agreement dated April 24, 2026 (the “ Option Agreement ” ) with Grounded People Apparel Inc. traded on the CSE under symbol SHOE (the “ Optionee ” and/or “ Grounded ” ), to advance exploration and development at the Company ' s 50% owned Monument Peak silver–copper–gold project (the “ Monument Peak Project ” or the “ Project ” ) located in Lemhi County, Idaho, USA. Pursuant to the Option Agreement, the Optionee has been granted a multi-stage option over a four-year term to acquire the Optionor ' s 100% interest in the Monument Peak Project, subject to a 1.0% net smelter returns royalty (the “ NSR Royalty ” ) retained by the Company.  As consideration for vending its interest in the Monument Peak Project, Global Energy Metals will be entitled to receive $650,000 in cash and $750,000 in common shares of Grounded People Apparel Inc. in staged payments and issuances, in addition to a minimum of $250,000 in exploration expenditures to be incurred by the Optionee within the first year. The Option Agreement also provides the Optionee the right to purchase one-half of the original NSR Royalty held by GEMC (the “ Buy Back Right ” ) for cash consideration of $1,000,000 payable to GEMC, if exercised prior to the fifth anniversary of the effective date of the Option Agreement (the “ Effective Date ” ) and for $2,000,000 payable to GEMC, if exercised on or after the fifth anniversary of the Effective Date. No finder ' s fees were paid in association with this transaction.