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$REZZF Global Battery Metals - Lithium mining company

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Instrumentalist   Thursday, 02/04/21 02:37:59 AM
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$REZZF Global Battery Metals - Lithium mining company with sites based in Leinster, Ireland.

The Leinster Lithium project is a hard rock spodumene bearing pegmatite project in which the company has an option to earn up to a 90% interest. Initial surveys of the site concluded lithium stream sediment recorded mostly in the 125-1000ppm range vs the 60-120ppm range for other nearby mines.

On January 21, 2021, the company was given permission by its board of directors to start drilling.

This area of land is very geopolitically stable and does not suffer the same turmoil and problems as similar land located in Africa and South America.

CEO Michael Murphy is a founder of Torex Gold (TXG-T), a 1.46Bn market cap company. Mr. Murphy was responsible for identifying the Morelos Gold asset from Teck, negotiating the sale from Teck in a very competitive environment, arranging the $240million+ financing, and was very involved in recruiting the board and management.

Shares outstanding: 42,900,839
Cash: 1,100,000
Debt: 0

Read the full company presentation here: https://static1.squarespace.com/static/5c6f00087eb88c6ba88f1639/t/601b54c94666534b7cc098e9/1612403945153/GBML-Presentation.pdf

https://www.gbml.ca/



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