Global Energy Metals And Zimtu Capital Corp. Agree To Terminate Option Agreement For The Monument Peak Project, Idaho

Vancouver, BC - TheNewswire - April 21, 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, announces that it has mutually agreed with Zimtu Capital Corp. (“Zimtu”) to terminate the mineral property option agreement dated January 12, 2026 (the “Option Agreement”), as announced on January 14, 2026.   The Option Agreement has been terminated pursuant to a mutual termination and release agreement entered into between the parties. The decision to terminate the Option Agreement was made as part of each party's ongoing review of strategic priorities and opportunities, and as a result, the transactions contemplated under the Option Agreement will not proceed.