VANCOUVER, BC / TNW-ACCESSWIRE / February 28, 2017 / GLOBAL ENERGY METALS CORP. ( “ Global Energy Metals ”, the “ Company ” and/or "GEMC") is pleased to announce that it has received final acceptance from the TSX Venture Exchange ("TSXV") for the listing of its common shares on the TSXV, the first pure cobalt IPO of 2017.
The Company's common shares are expected to begin trading on the TSXV effective the open of the market on March 1st, 2017 under the stock symbol "GEMC".
Mitchell Smith, President and CEO commented:
“Global Energy Metals offers its shareholders the platform and opportunity to participate in a robust cobalt market. This listing will bring enhanced investor recognition to one of Canada ’ s most well understood primary cobalt projects, the Werner Lake Cobalt Project, while we aggressively target acquisitions of cobalt projects with the intent of growing our asset portfolio in the near term.”
Commence date : At the opening, March 1st, 2017 the common shares will be listed and immediately commence trading on the TSX Venture Exchange.
Corporate jurisdiction: British Columbia
Capitalization: 58,282,943 common shares of which 35,380,297 common shares are issued and outstanding, 20,240,752 are warrants and 2,661,894 are options.
Escrowed shares: 10.76M shares held by Officers, Directors and Management of the Company.
Transfer agent: Computershare Investor Services Inc.
Trading symbol: GEMC on the TSXV
CUSIP No.: 37890Y209
Global Energy Metals Corporation:
Global Energy Metals is an aggregator of primary cobalt and other battery metals projects and other supply, providing supply to the market demand for the growing rechargeable battery market. GEMC anticipates growing its business by acquiring project stakes in battery metals related projects with key strategic partners. GEMC currently owns the Werner Lake Cobalt Mine in Ontario, Canada.
For Further Information:
Global Energy Metals Corp.
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
t. + 1 (604) 688-4219 extension 236 or 237