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Global Energy Metals signs agreement for royalty sale on Rana Nickel-Cobalt Project

Published: 14:04 16 Dec 2021 EST

Global Energy Metals CEO Mitchell Smith joined Steve Darling from Proactive to share news Scandinavian Resource Holdings and Global Energy Metals have created and agreed to sell to Electric Royalties a new 1% Net Smelter Royalty on four exploration licenses in the Råna Project in Norway. Smith telling Proactive this deal also includes the past-producing Bruvann Nickel mine. Smith also said Electric Royalties will issue total consideration of 2,000,000 common shares of the company and $100,000 cash payable to both companies. Smith also shared more news that the company has announced a formal earn-in and joint venture agreement with MBK Millennium for an earn-in up to an 80% interest in the Millennium Project

Global Energy Metals looks to add Uranium in portfolio with royalty acquisition

Global Energy Metals CEO Mitchell Smith and CEO of Fulcrum Metals Ryan Mee joined Steve Darling from Proactive to unveil an important development in their collaborative efforts. The companies have entered into a non-binding Letter of Intent, with Global Energy Metals set to acquire an immediate...

on 31/1/24