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Global Energy Metals Corporation
GBLEFBasic MaterialsOTCCA
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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.
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.
VANCOUVER, BC / ACCESS Newswire / April 21, 2026 / Zimtu Capital Corp. (TSX.V:ZC)(FSE:ZCT1) ("Zimtu" or the "Company") announces that the Company and Global Energy Metals Corporation have mutually agreed to terminate the mineral property option agreement dated January 12, 2026 (the "Option Agreement") entered into between the parties, without any party having any further liability or obligation to the other arising from the Option Agreement. About Zimtu Capital Corp. Zimtu Capital Corp. is a public investment issuer that aspires to achieve long-term capital appreciation for its shareholders.
