Mr. Michael Murphy reports

GLOBAL BATTERY METALS PROVIDES CORPORATE UPDATE ON LITHIUM AND COPPER PROJECT ACTIVITY

Global Battery Metals Ltd. has provided a status update on current project activity.

Key highlights:

• Lithium King project, Utah, United States -- drilling plans continue to advance, with the successful acquisition of additional strategic claims now staked north of the original property. The new claims will facilitate weather-agnostic drilling between the service road and the highway, effectively bypassing flood-zones. Alloy Drilling LLC of Elko, Nev., and Escalante Geological Services LLC of Salt Lake City, Utah, have been engaged to assist with drill hole planning. The project area is situated directly adjacent to neighbouring Intrepid Potash, which recently announced lithium concentrations at over 1,500 parts per million in its final byproduct brine.
• Leinster lithium project, Ireland -- further to its Dec. 13, 2023, land expansion press release, the company reports that Ireland's Geoscience Regulation Office (GSRO) has approved the option to acquire all six of the previously announced contiguous licences, covering an additional 249 square kilometres adjacent to the Knockeen lithium pegmatite project and more than quadrupling the company's southern licence land position. In total, the full Leinster lithium project footprint now comprises 22 mineral claims covering approximately 775 square km and is situated along strike to nearby Blackstairs Lithium's Avalonia project (297 square km joint venture between Ganfeng Lithium Co. Ltd. and International Lithium Corp.). Several target areas have been identified and a new series of prospecting activity is being planned.
• Lara copper project, Peru -- Global Battery's 55-per-cent-owned Peruvian subsidiary, Minas Dixon, is aware that its option partners are planning a material work program this year to help advance environmental study approval efforts, in line with Global Battery's third option payment milestone. While Minas Dixon has optioned the property for acquisition, it retains a 0.75-per-cent net smelter return royalty on the property.

"We see a lot of near-term growth opportunity across our 2024 project pipeline, which will include Lithium King exploration," said Michael Murphy, chief executive officer of Global Battery Metals. "Intrepid's recent lithium resource announcement has certainly dialled up interest in this area and we absolutely wish them well with these pursuits. We see Utah's unique geography and natural lithium deposits providing domestic supply potential to help meet North America's future demand and we aim to be part of this solution."

About Global Battery Metals Ltd.

GBML is an international mineral exploration and development company with a focus on lithium, copper and other metals that comprise and support the rapid evolution to battery power. Global Battery currently maintains economic interests in three battery metal projects: (1) an option to acquire up to a 90-per-cent interest in the Leinster lithium property and drill program currently under way in Ireland; (2) a 100-per-cent interest in the drill-ready Lithium King property in Utah; and (3) a 55-per-cent stake in the Peru-based lara copper property, which has over 10,000 metres of drilling. As previously disclosed, Minsur SA, a Peruvian mining company, entered into an option agreement with Global Battery and Lara Exploration Ltd. to acquire the Lara copper property for staged payments of $5.75-million (U.S.). GBML will retain a 0.75-per-cent net smelter return royalty.

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