Global Battery Metals GBML OTC:REZZF

I sold all my 21,000 shares at $1.14 but did make good money on them.

I held on to a small position, well actually has grown to more than small

Vancouver, British Columbia--(Newsfile Corp. - February 8, 2021) - Global Battery Metals Ltd. (TSXV: GBML) (OTCQB: REZZF) (FSE: REZ) (the "Company" or "GBML") today announced that over the course of the last two weeks, the Company has received approximately $1.1 million in gross proceeds from the exercise of 6,474,122 previously issued share purchase warrants and stock options.

A total of 10,665,111 warrants, each exercisable at a price of $0.15, remain outstanding, and a total of 1,168,750 warrants, each exercisable at a price of $0.24, remain outstanding.

"I am extremely pleased to report that the Company received these proceeds," commented Mr. Murphy, President and CEO. "The capital gives us increased flexibility in any other growth opportunities."

Since insiders of the Company acquired shares through the exercise of warrants and stock options, this is considered to be a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). However, the Company is exempt from the requirements to obtain a formal valuation or minority shareholder approval in connection with the insiders' participation in reliance of Sections 5.5(b) and 5.7(1)(a) of MI 61-101.

Thanks Alex, good idea. I have sold about 3/4 of my position and will hold the resy long term. What a big move and so quick

I am surprised nobody started a Topi on one of RonS best picks.

We have a 10 bagger from the 9 cent entry price and I have sold half my position as of today.