Not for distribution to United States Newswire Services or for dissemination in the United States Grid Metals Corp. is pleased to announce it has closed the second and final tranche of its previously announced non-brokered private placement for aggregate gross proceeds of C$2,347,158 . The Second Tranche consisted of the issuance of 7,060,903 Common Shares to a strategic investor and an existing institutional shareholder [...]
Grid Metals is pleased to announce it has closed the first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of C$1,680,000. The First Tranche consisted of the issuance of 14,000,000 common shares of the Company to a strategic investor at an offering price of C$0.12 per Common Share. The second tranche is expected to consist of the issuance of up to 7,060,903 Common Shares to [...]
Grid Metals is pleased to announce a proposed non-brokered private placement for aggregate gross proceeds of up to C$4,027,158. The Offering will consist of the issuance of common shares to a strategic investor and an existing institutional shareholder and the issuance of flow-though shares of the Company to charitable purchasers. The Offering is expected to be completed in two tranches. The first tranche is expected to [...]
Grid Metals is pleased to announce that it has received an exploration drill permit from the Province of Manitoba for its 100% owned Falcon West Lithium/Cesium Property. The Company plans to begin drilling at Falcon West in September. The target at Falcon West is the Lucy South cesium zone that has seen historical drill intercepts with high-grade cesium values largely contained in the mineral pollucite, the preferred [...]
Grid Metals is pleased to provide an update at its Makwa Ni-Cu-PGE project in southeastern Manitoba where an Option and JV Agreement with Teck Resources was announced in Dec 2024. The target model is a footwall-hosted Ni-Cu-PGE deposit similar to the Eagle's Nest deposit. Initial exploration completed under the new option and joint venture agreement has led to the discovery of semi-massive nickel sulfide mineralization at [...]
Grid Metals is pleased to announce its participation at THE Mining Investment Event taking place June 3-5, 2025, at the Quebec Convention Centre. THE Event hosts over 100 participating mining companies, is invitation only, and is independently sponsored by the Government of Quebec and financial and mining communities at large. The Company looks forward to meeting shareholders, industry partners, and other stakeholders at [...]
Grid Metals announced drill results from the remaining 19 drill holes at the Eagle gabbro and the completion of new geophysical surveys at the Mayville copper/nickel project. The drilling confirmed a 2 km mineralized trend at the eastern part of the Mayville Complex. Newly completed airborne geophysics has provided multiple targets for new discoveries and resource expansion. The next planned Grid drill program in the Bird [...]
Grid Metals is pleased to provide an update at its Makwa nickel project in southeastern Manitoba where an Option and JV Agreement with Teck Resources was announced in Dec 2024. Teck can earn up to a 70% interest in Makwa by incurring a total of $17.3 million, comprising project expenditures and cash payments or equity participation with Grid. Highlights Aerial geophysical surveying has been completed at Makwa and has [...]
Grid Metals Corp. is pleased to provide a corporate update including the appointment of a new Chief Financial Officer and completion of an updated transaction with revised terms resulting in an improved working capital position. The Company remains focused on its high potential critical metals projects in southeastern Manitoba including recently announced transactions with Tantalum Mining Corporation of Canada Limited and [...]
Grid Metals is pleased to announce the start of the cesium drill program at the High-Grade Dyke at the Donner lithium/cesium property in southeastern Manitoba. Grid has also received the initial prepayment advance of CAD$300,000 from Tanco as a part of the cesium supply agreement to fund the ongoing drill program. In addition, Grid would like to cordially invite its shareholders and other stakeholders to visit us at Booth [...]
Grid Metals is pleased to announce it has signed a cesium supply agreement with the Tantalum Mining Corporation of Canada Limited. The Agreement provides funding for Grid to drill for cesium at its Donner Property. If sufficient resources are delineated by drilling, the Agreement provides access for 10,000 tonnes of Grid's cesium material to be processed at the Tanco Cesium Plant which is the only cesium processing plant [...]
Grid Metals is pleased to announce TSX-V approval of its definitive option and joint venture agreement with Teck Resources. Grid has also received the CAD$400,000 minimum cash payment that was due from Teck by Jan 31, 2025 as required under the Agreement. In addition, Grid would like to cordially invite you to visit us at Booth #622 at the Vancouver Resource Investment Conference to be held at the Vancouver Convention [...]