Global Energy Metals Announces Terra Balcanica Exercises Option on Uranium Portfolio

Vancouver, BC — July 22, 2025 — NewsWall — Global Energy Metals Corporation (TSXV:GEMC | OTCQB:GBLEF | FSE:5GE1) announced that Terra Balcanica Resources Corp. has exercised its option to acquire a 100% interest in Fulcrum Metals Plc's uranium portfolio. The portfolio includes the Charlot-Neely Lake, Fontaine Lake, Snowbird, and South Pendleton licence clusters located along northern and southeastern margins of the Athabasca Basin.

Terra Balcanica exercised the option pursuant to the definitive option agreement signed with Fulcrum Metals Plc. and Fulcrum Metals (Canada) Ltd. on July 3, 2024.

As a condition of the agreement between Terra and Fulcrum, Global Energy was issued 1,198,000 shares in Terra, equivalent to CAD $150,000, and granted a 0.5% NSR over the Saskatchewan based uranium project portfolio.

Mitchell Smith, CEO and Director, stated that the uranium market is undergoing a seismic shift and that the exposure to uranium through both an equity interest in Terra Balcanica and a strategic royalty enhances Global Energy’s strategy of building shareholder value to new energy security.

Terra Balcanica (CSE:TERA | FRA:UB10) is a polymetallic and energy metals exploration company targeting large-scale mineral systems in the Balkans of southeastern Europe and northern Saskatchewan, Canada.

Fulcrum Metals PLC (AIM: FMET) is an AIM listed technology led natural resources company focused on recovery of precious metals from mine tailings in Canada.

Contact: info@globalenergymetals.com, t. + 1 (604) 688-4219

Source: Global Energy Metals