Core Viewpoint - Global Energy Metals Corporation is advancing its Millennium Project by applying for an Exploration Permit for Minerals (EPM) to enhance resource growth and project economics, supporting the transition to a new energy economy [1][3]. Group 1: Exploration Permit and Project Development - The application for the EPM is a strategic move to unlock near-term growth opportunities, allowing targeted drilling to expand and define existing mineral resources [3][5]. - If granted, the EPM will enable the expansion of the current cobalt-copper-gold resource and further define graphite targets on an accelerated timeline [5][6]. - The proposed drilling program includes testing a 200m x 200m "gap zone" within the current mining lease area, where the existing resource is believed to continue [4][10]. Group 2: Resource Estimates and Mining Leases - Millennium holds a JORC 2012 Mineral Resource Estimate of 8.4 million tonnes at 0.09% cobalt, 0.29% copper, and 0.12g/t gold, equating to a 1.23% copper equivalent on an inferred basis [6][7]. - A new mining lease was applied for in 2025 to cover the "gap zone" and additional land for operational and infrastructure needs [6][9]. - The additional lease area consists of approximately 159 hectares, including the gap zone, which was previously inaccessible [10][11]. Group 3: Strategic Partnerships and Future Plans - The project is being advanced by Metal Bank, which is earning an 80% interest in Millennium through a joint venture with Global Energy Metals [7][9]. - Metal Bank is also assessing the potential for further value from the Millennium Project by developing graphite resources, including surface mapping and metallurgical testing [14]. - The company is focused on maintaining regulatory compliance and technical rigor while pursuing resource growth and value creation [5][18].

Core Viewpoint - Global Energy Metals Corporation announces the resignation of Mr. Peter Reynolds from its Board of Directors, effective January 31, 2026, with no disagreements reported regarding company operations [1][3]. Company Developments - The Board and management express gratitude for Mr. Reynolds' contributions since the company's inception and wish him well in future endeavors [2]. - The company will continue to evaluate opportunities to strengthen its Board composition in alignment with strategic objectives [4]. Strategic Focus - Global Energy Metals is focused on the critical mineral sector, recognizing the importance of securing supplies of battery metals such as cobalt, nickel, copper, and lithium to support the global electrification movement [6]. - The company employs a disciplined strategy of consolidation, partnership, and investment to advance a portfolio of strategically significant battery metal assets [6][8]. Project Portfolio - The company is involved in projects across Canada, Australia, Norway, and the United States, prioritizing assets located in established mining jurisdictions and close to end-use markets [7]. - Global Energy Metals aims to minimize logistical and processing risks to accelerate project development and entry into the battery supply chain [8]. Market Opportunity - The company views the electrification movement as a generational investment opportunity, emphasizing the importance of securing minerals that power the eMobility revolution [9].

Core Viewpoint - Global Energy Metals Corporation has entered into a non-binding letter agreement with Zimtu Capital Corp to propose an option agreement aimed at advancing exploration and development at the Monument Peak silver-copper-gold project in Idaho, USA [1][2]. Group 1: Option Agreement Details - Zimtu will be granted a multi-stage option over a four-year term to acquire Global Energy Metals' entire 50% interest in Monument Peak, subject to a 1.0% net smelter returns royalty [2][4]. - The transaction allows Global Energy Metals to maintain non-dilutive exposure to exploration success through cash payments, equity consideration, exploration expenditures, and retained royalty interest [2][3]. - The Option Agreement includes several milestone payments, with the first milestone requiring a payment of $50,000 in cash and the issuance of 100,000 common shares of Zimtu or its assignee [6][7]. Group 2: Financial Terms and Conditions - Zimtu must incur a minimum of $1,000,000 in direct exploration expenditures on the Project within 12 months of Closing [9]. - The second milestone payment includes $150,000 in cash and shares valued at $150,000, while the third milestone payment consists of $200,000 in cash and shares valued at $250,000 [11]. - Upon exercise of the Option, Global Energy Metals will retain a 1.0% NSR royalty on the Project, with a provision for the Optionee to repurchase 0.5% of the NSR for $1,000,000 within the first five years [11]. Group 3: Project Overview - The Monument Peak Project consists of 84 contiguous, unpatented lode mining claims totaling approximately 689.77 hectares, which includes two historical copper mines [15]. - Historical and modern exploration has confirmed the presence of high-grade copper-silver ± gold mineralization along a 3+ kilometer structural trend [16]. - Notable prior sampling results include copper grades ranging from 1% to 20.9% and silver grades from 3.4 to 305 g/t [17][19].