(TheNewswire)

Vancouver, British Columbia – March24, 2026 - TheNewswire– Global Battery Metals Ltd. (the “Company” or “GBML”) (TSXV: GBML; OTCQB: REZZF;Frankfurt: REZ0), an international critical mineral explorationcompany focused on growth-oriented lithium, copper and battery metalprojects, announces that, effective March 20, 2026 (the “Grant Date”), it has granted stockoptions (“Options”) tocertain directors, officers, and consultants of theCompany to acquire an aggregate of 830,000 common shares of theCompany (“Common Shares”),pursuant to the Company’s stock option plan.

The Options vest as to 50% upon the Grant Date and the remaining 50%vest on March 20, 2027. Each Option is convertible into a Common Shareat an exercise price of $0.16 until March 20, 2031. In addition, theOptions (and any Common Shares issuable upon exercise thereof) aresubject to acceptance by the TSX Venture Exchange and a four-monthhold period from the Grant Date in accordance with the policies of theTSX Venture Exchange.

About Global Battery MetalsLtd.

GBML is an international mineral exploration and development company
with a focus on lithium, copper and other metals that comprise and
support the rapid evolution to battery power. GBML currently maintains
economic interests in two battery metal projects: (1) a 100% interest
in the Lithium King Property in Utah; and (2) a 55% stake in
Peru-based Lara Copper Property, which has over 10,000 metres of
drilling. GBML’s common shares are listed on the Exchange ; Frankfurt Stock Exchange (FSE: REZ0); and are quoted on the OTC
Markets (OTCQB: REZZF).

Global Battery Metals Ltd.

Michael Murphy BA, MBA, MSc., ICD

President & CEO

T: 604-428-6128

E: MM@gbml.ca

W: www.gbml.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider(as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding“Forward-Looking” Information

This news release contains certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable securities legislation. Allstatements, other than statements of historical fact, included herein,without limitation, statements relating the future operations andactivities of the Company, are forward-looking statements.Forward-looking statements are frequently, but not always, identifiedby words such as “expects”, “anticipates”, “believes”,“intends”, “estimates”, “potential”, “possible”, andsimilar expressions, or statements that events, conditions, or results“will”, “may”, “could”, or “should” occur or beachieved. Forward-looking statements in
this news release relate to, among other things, the
acceptance of the stock option grant by
the TSX Venture Exchange. There can be no assurance
that such statements will prove to be accurate, and actual results and
future events could differ materially from those anticipated in such
statements. Forward-looking statements reflect the beliefs, opinions,
and projections on the date the statements are made and are based upon
a number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant
business, economic, competitive, political and social uncertainties
and contingencies. Many factors, both
known and unknown, could cause actual results, performance, or
achievements to be materially different from the results, performance
or achievements that are or may be expressed or implied by such
forward-looking statements and the parties have made assumptions and
estimates based on or related to many of these factors. Such factors
include, without limitation, the ability of the
Company to obtain acceptance of the stock options by the TSX Venture
Exchange. Readers should not place undue reliance on the
forward-looking statements and information contained in this news
release concerning these items. Readers are urged to refer to the
Company's reports, publicly available under the Company’s
profile on SEDAR+ at www.sedarplus.ca for a more completediscussion of such risk factors and their potential effects. TheCompany does not assume any obligation to update the forward-lookingstatements should beliefs, opinions, projections, or other factors,change, except as required by applicable securities laws.

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