Global Energy Metals CEO Mitchell Smith joined Steve Darling from Proactive to announce the company has signed a non-binding Letter of Intent with NeoLithica Ltd. to acquire an 18-month option for a 19.9% ownership stake and a 1% Net Smelter Return royalty in NeoLithica’s Peace River Lithium Project in Alberta, Canada. Smith shared that Global Energy Metals aims to integrate innovative direct lithium extraction and refining technologies to produce battery-grade lithium compounds, aligning with Canada’s growing critical mineral supply chain. The Peace River Project boasts thick, highly productive lithium-brine aquifers associated with carbonate reef buildups in the Leduc Formation of the Devonian Woodbend Group. To access the Leduc Formation’s lithium-rich brine, wells will be drilled to depths of approximately 2,250 metres. After lithium extraction, the brine will be re-injected into an overlying porous aquifer, supporting environmentally sustainable operations. The Peace River Project consists of 50 contiguous lithium-brine licenses issued by the Alberta Energy Ministry, covering the Leduc Formation fringing reef and the overlying Wabamun Formation, both of which were deposited in a shallow inland sea along the Peace River Arch. The project spans a total area of 377,508 hectares and is currently 100% owned by NeoLithica Ltd. Smith emphasized that this partnership strengthens Global Energy Metals’ position in the lithium sector and supports the company’s broader mission to contribute to the clean energy transition by securing critical resources for the battery supply chain. #proactiveinvestors #globalenergymetalscorporation #tsxv #gemc #otcqb #gblef #MillenniumProject #GraphiteDiscovery #CriticalMinerals #ElectricVehicles #Copper #Cobalt #EVBatteryMaterials #MiningUpdates #MetalBank #peaceriverproject #lithium