Core Insights - Global Battery Metals Ltd. (GBML) has been notified by Minsur S.A. of its intention to relinquish its option to acquire the Company's 55%-owned Lara Copper Project in southern Peru [1] - The Lara Copper Project is part of an Option and Royalty Agreement established in July 2020 with Lara Exploration Ltd. for the sale of the project to Minsur [2] - The project includes mineral rights covering a partially defined copper-molybdenum porphyry deposit, with 9,850 meters of drilling completed, outlining a mineralized footprint of 2,000 meters east to west and between 500 meters and 800 meters north to south [3] - Management of GBML is currently working with partners to determine the next steps for the Lara Copper Project [4] Company Overview - GBML is an international mineral exploration and development company focused on lithium, copper, and other metals that support the transition to battery power [6] - The company holds a 100% interest in the Lithium King Property in Utah and a 55% stake in the Lara Copper Property, which has over 10,000 meters of drilling [6]