Mr. Mitchell Smith reports

GLOBAL ENERGY METALS EXPANDS PORTFOLIO WITH URANIUM ADDITION THROUGH NEW STRATEGIC PARTNERSHIP

Global Energy Metals Corp. chief executive officer Mitchell Smith joined Steve Darling from Proactive to shared significant developments regarding the company's agreements with Fulcrum Metals PLC and Terra Balcanica Resources Corp.

Firstly, Mr. Smith announced that Global Energy Metals has terminated its agreement with Fulcrum Metals and has entered into a new deal with Terra Balcanica Resources. This strategic move facilitated a new partnership between Fulcrum and Terra, where Terra intends to acquire a 100-per-cent interest in Fulcrum's uranium projects.

As part of the termination of the prior agreement with Fulcrum, Global Energy Metals will receive compensation equivalent to $150,000 in shares in Terra upon the closing of the option agreement between Terra and Fulcrum. Additionally, Global Energy Metals will be granted a 0.5-per-cent net smelter returns (NSR) royalty over the Saskatchewan-based project portfolio, which encompasses 596.71 square kilometres of highly prospective ground for uranium discovery.

Mr. Smith highlighted that the project portfolio targets major northeast-southwest-trending structures along strike from historic uranium mines and projects. This new agreement will bolster Global Energy Metals' existing project, royalty and equity portfolio to now include uranium, further demonstrating the company's ability to monetize assets for the benefit of shareholders.