Global Battery Metals Ltd V.GBML

Global Battery Metals Significantly Expands Land Position

[Betteryear2]

Key Highlights:

• Secures option to acquire six new contiguous licenses (four granted/two pending under application) covering an additional 249 km2 adjacent to its Knockeen Lithium Pegmatite Project, more than quadrupling its southern license land position;
• New licences strategically situated to extend GBML's exploration of a new and significant lithium-bearing spodumene pegmatite system at PL 1597, progressing SW and in-line with the East Carlow Deformation Zone ("ECDZ");
• Recent near-surface trenching chip sample assays from one of the pegmatite dikes show values of up to 2.55% Li2O at a depth of only 2m in the NE-SW trending dike swarm; and
• Total project package now consists of 22 prospecting licenses covering ~775 km², situated along strike to Blackstairs Lithium (Ganfeng / ILC joint venture) Avalonia Project.

Vancouver, British Columbia--(Newsfile Corp. - December 13, 2023) - Global Battery Metals Ltd. (TSXV: GBML) (OTCQB: REZZF) (FSE: REZ) (the "Company" or "GBML" or "Global Battery Metals"), an international critical mineral exploration company focused on growth-oriented lithium and battery metal projects, is pleased to announce a strategic expansion of its Leinster Lithium Project exploration activities with the exclusive option to acquire six (four granted/two under application) additional southern license block mining claims1 (the "Claims") covering an additional 249 km2. The new Claims border the Company's PL 1597 Knockeen Lithium Pegmatite Project and are situated along the southwest strike with the recently discovered LCT pegmatite dike swarm (see Map 1 below).

Global Battery Metals Significantly Expands Land Position at Leinster Lithium Project with Additional Option Agreement (newsfilecorp.com)

[STK1122]

potentially adding 50,000,0000 more shares that will dilute this further! great job MM!

[JAYDEE16]

Could you explain how you got to that number? There would be no advantage raise cash at these levels and there is only a 25k upfront cost to secure the those claims. If ever there was consolidation in the district and GBML was approached by a suitor then Murphy could excercise full ownership. I am just trying to figure out why you are spinning everything as bad news here?