Global Energy Metals Corp (CSE:GEMC) is seeking to list its shares in London, UK, it said Thursday.
"The timing is ideal to further enhance the profile of Global Energy Metals as it complements our recent acquisitions and project growth initiatives in Australia and North America at a time when exposure to energy metals has never been more attractive," said Mitchell Smith, CEO in a statement.
READ: Global Energy Metals updates on Nevada cobalt project option
"A UK co-listing will allow European investors to participate in the increased demand for battery minerals brought on by the aggressive growth and continued global adoption of electric vehicles that our cobalt projects in safe, stable, top-tier mining jurisdictions offer."
The Vancouver-based company's shares will continue to trade on the venture exchange under the "GEMC" symbol.
Also in today's statement, GEMC said that Paul Sarjeant will resign as VP projects to pursue a leadership position within the resource sector.
Over the next few months, the firm will be conducting a search to find a replacement and secure the lead geologist role.
Peterhouse Capital Ltd (Peterhouse) has been hired to act as lead advisor and manager of the proposed listing process.
Contact Giles at giles@proactiveinvestors.com
