Dear Shareholders,

As we reflect on the past year, I want to acknowledge the year's complexities.

Price fluctuations, intense competition and geopolitical uncertainties certainly impacted the battery supply chain and associated industries including the mining and junior resource sector.

Global Energy Metals was certainly not immune and unfortunately our current market capitalization reflects this.

While our short-term performance was impacted by these headwinds, I am proud of the resilience and commitment our team demonstrated throughout the year as we continued to lay the groundwork for sustainable growth through our partner-based approach of developing our strong new energy metals project portfolio in Canada, Australia, Norway and the US and the opportunity Global Energy provides for investment exposure to the electrified future.

I strongly believe that the foundation we’ve established in providing investment exposure to the growing new energy metals market will be rewarded and look forward to working with our partners and stakeholders in further developing our portfolio to ensure a secure, stable supply of critical raw materials, the building blocks to a new energy economy.

As we enter into this new year, we hope all our shareholders, project developers, employees, partners and subscribers had a wonderful holiday season! We look forward to bringing you updates on our current and future investments and sharing our exciting Company developments throughout the year. From everyone at Global Energy Metals we thank you for your continued support and wish you all a very happy, healthy and prosperous 2025.

Now is the time to be part of this electrification movement.

Sincerely,

Mitchell Smith
President & CEO, Director