Global Battery Metals Ltd. announced that it has secured its drill permit for the Leinster Lithium Project (the "Project") through a Government approved "Appropriate Assessment Screening Determination" issued by the Department of the Environment, Climate and Communications. This permit gives the go-ahead for the commencement of the planned drill program and the Company anticipates having a drill team mobilized within the coming weeks. The Company also announces a non-brokered private placement financing to raise aggregate proceeds of up to $1,000,000.

The permit approves for up to 10 drill holes over a multi-stage diamond core drilling program that will target an area of an historically reported trenched bedrock occurrence coincident with several highly anomalous LCT Pegmatite (lithium-cesium-tantalum) pegmatite geochemical trends. This, when considered in association with a broad spodumene pegmatite boulder train at surface, is interpreted to indicate up to six potential dikes extending across a prospective lithium trend on Prospecting Licence Area 1597 (the "Knockeen Prospect").