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Global Energy Metals Corp

Global Energy Metals to buy all of Hammer Metals' cobalt project in Australia

Global Energy Metals Corp (CSE:GEMC) (OTCMKTS:GBLEF) CEO Mitchell Smith tells Proactive Investors the cobalt miner has signed final agreements with Hammer Metals Ltd (OTCMKTS:HMRRF) (ASX: HMX) to acquire 100% of the Millennium cobalt project and the Mount Isa cobalt projects in Australia.

Smith says this agreement is "transformational" for the company, as it grows its portfolio in the cobalt space.

Quick facts: Global Energy Metals Corp

Price: $0.04

Market: TSX-V
Market Cap: $2.46 m
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Global Energy Metals sees a bight future for Cobalt as demand for EV's rises

Global Energy Metals (CVE:GEMC) President and CEO Mitchell Smith shared, with Proactive Investors, his thoughts on the Cobalt market and where he feels the price is headed in the future. He also talked about the glaring needs in the sector including where future supply needs to come...

on 15/7/19

2 min read