Fundamental Research Initiates Coverage On Global Energy Metals
VANCOUVER, JUNE 15, 2017 / Global Energy Metals Corp. TSXV:GEMC | FSE:5GE1 ("Global Energy Metals", the "Company" and/or "GEMC") is pleased to announce that Fundamental Research Corp. ("Fundamental") is now covering Global Energy Metals and will be initiating an analyst report in the coming weeks. The introduction to the Company and an overview on the cobalt market has been published on their website in the report entitled "Consolidating Cobalt Projects" and is also available on our new website at www.globalenergymetals.com. This summary report outlining the company's focus on building a diversified portfolio of cobalt projects can also be made available by contacting the analyst at Fundamental Research whose information appears at the bottom of this news release. As outlined in this initial report, Fundamental highlights one of the major attributes of this company including our strategic agreement with Beijing Easpring Material Technology Co. to jointly invest, develop and commercialize cobalt projects.
Fundamental expects the demand for cobalt in rechargeable batteries will continue to be the key demand driver of cobalt going forward with one of the biggest concerns being the supply constraints.
As reported, the Company is planning multiple acquisitions in the coming months and Fundamental recommends GEMC to investors.
Please click here to link to the report.
Fundamental Research Corporation
Since 2003, Fundamental Research Corp. has been providing the highest institutional quality equity research coverage on over 250 small and micro cap public companies through their extensive distribution network. In 2009, they began issuing reports on exempt market securities and have since issued over 80 reports. Their research is being used by some of the largest institutional investors in the world who access it through channels such as Reuters, Capital IQ, the Globe and Mail, and by subscription. In 2010, Fundamental Research's Top Picks earned them the 33rd highest ranked analyst firm with a return of 20.75% overall and first position in the Basic Materials Sector with a return of 29.07% based on third-party ranking systems that track analysts globally. They continue to rank in the Top Ten in independent third party evaluations on their research, and have developed a reputation for producing high quality reports. Fundamental Research provides high-quality research and adheres to high ethical standards and a strong foundation of integrity.
Analyst
Sid Rajeev, B.Tech, MBA, CFA
Head of Research, Fundamental Research
t. +1 (604) 682-7065
e. srajeev@researchfrc.com
Global Energy Metals Corp. (TSXV:GEMC | FSE:5GE1)
Global Energy Metals is focused on offering security of supply of cobalt, a critical material to the growing rechargeable battery market, by building a diversified global portfolio of cobalt assets including project stakes, projects and other supply sources. GEMC anticipates growing its business by acquiring project stakes in battery metals related projects with key strategic partners. Global Energy Metals currently owns and is advancing the Werner Lake Cobalt Mine in Ontario, Canada and has entered an agreement to earn-in to the Millennium Cobalt Project in Mt. Isa, Australia.
For Further Information:
#1501-128 West Pender Street
Vancouver, BC, V6B 1R8
Email: info@globalenergymetals.com
t. + 1 (604) 688-4219 extensions 236/237
Twitter: @EnergyMetals
Cautionary Statement on Forward-Looking Information:
Certain information in this release may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with regulatory approvals and timelines. Although Global Energy Metals believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change. For more information on Global Energy and the risks and challenges of their businesses, investors should review the filings that are available at www.sedar.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
We seek safe harbour.
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