Global Energy Metals Closes Oversubscribed Pre-Ipo 
Private Placement 

VANCOUVER, BC / September 20^th, 2016 / GLOBAL ENERGY METALS CORP. (“Global Energy Metals”, the “Company” and/or “GEMC”) is pleased to announce the closing of $1,593,223 of its previously announced private placement of Units (the “Offering”).  The Company will issue of a total of 10,621,487 Units at a price of $0.15 per Unit.
The Company intends to use the net proceeds of the Offering to advance the Company’s wholly-owned Werner Lake Cobalt Project (“Werner Lake”), including updating and completing a NI 43-101 compliant resource estimation and conducting metallurgical test work to confirm the ability to produce battery grade cobalt chemicals, complete the listing of the Company on the TSX Venture Exchange (the “TSXV) and for general working capital.
The Werner Lake property located in north western, Ontario, having historic production and extensive geological, engineering and metallurgical work conducted in the past, is regarded as one of North America’s only advanced primary cobalt projects.
Mitchell Smith, President & CEO commented:
“This is certainly just the beginning for Global Energy Metals.  It is a pleasure to welcome this assembly of strong new investors into the company. Completing this financing is an endorsement to the exceptional team, the potential of our initial asset, Werner Lake and the company’s long-term growth strategy.  We appreciate this vote of confidence from the incoming as well as the existing shareholders, and the extended team who helped make this close possible. Strengthened by this capital, we will now turn our attention to fulfilling our commitment and deliver value building corporate milestones for our company including completing the underlying work necessary to further advance Werner Lake.”