Grid Metals Corp. today announced the initial closing of its $500,000 financing announced on October 29, 2019 . Pursuant to the Offering the Company has issued 2,500,000 Units at $0.10 per Unit and 280,000 Flow Through shares at $0.125 per share for gross proceeds of $285,000. Each Unit consists of a common share and a warrant exercisable at $0.15 per share for a period of two years. The Company anticipates it will issue [...]
Grid Metals Corp. today announced that it is undertaking a new non brokered private placement of up to $500,000 gross proceeds . Under the terms of the Offering the Company will sell a combination of up to 2,000,000 flow-through common shares of the Company at a price of $0.125 per share and up to 2,500,000 hard dollar units at a price of $0.10 per unit , with each unit consisting of one common share and one warrant. Each [...]
Grid Metals Corp. is pleased to provide details of the Parisien Lake/Kid strategic land acquisition at its East Bull Lake PGM Property, located 80 km west of Sudbury Ontario. Historical exploration drilling results from the newly acquired Parisien Lake claims have outlined a 1.3 km exploration corridor defined by geological mapping, grab and channel analytical samples, trenching and drilling. Recently Grid acquired [...]
Grid Metals Corp. announces that the resolution to ratify the acts and proceedings of the Board of Directors described in the Information Circular of the Company for the Annual and Special Meeting of the shareholders to be held on October 8, 2019 will not be put to the shareholders for approval. The resolution will be withdrawn at the meeting because the Information Circular for the meeting does not adequately set forth [...]
Grid Metals Corp. is pleased to announce an update to corporate activities. The Company is positioned with property holdings with a focus on nickel and palladium. Makwa Mayville Nickel Copper PGM Project in Manitoba, Canada Nickel prices have been favourably impacted in the recent weeks by sustained demand and supply concerns most notably from the announcement of a ban on ore exports from Indonesia starting on January 1 [...]
Grid Metals Corp. is pleased to announce that it will be holding its annual meeting of shareholders on October 8, 2019 at 11 a.m.. The meeting will be held at the offices of Blaney McMurtry LLP, 2 Queen Street East Suite 1500 Toronto Ontario All shareholders are invited to attend. The Company will provide an update of its current projects including the Makwa Mayville Nickel Copper PGM Cobalt Project where the Company [...]
Saleable Nickel and Copper Concentrates Achieved Grid Metals Corp. is pleased to announce the successful results of its bench scale metallurgical testwork program for its Mayville Deposit located in southeastern Manitoba, Canada. The program was designed to demonstrate copper and nickel separation from a bulk concentrate in order to produce quality nickel and copper concentrates. The latest testwork achieved successful [...]
Grid Metals Corp. today provided an update on the metallurgical test work on samples from its Mayville Deposit located in southeastern Manitoba, Canada. The laboratory flotation testwork program was focused on determining whether a satisfactory bulk flotation concentrate could be produced which subsequently could be taken to copper/nickel separation in order to produce marketable concentrate products . Based on positive [...]
Grid Metals Corp. today announced it will be exhibiting at the 2019 Prospectors and Developers Conference in Toronto Canada. The Company will be in Booth 3312 of the Investors Exchange from Sunday March 3 to Tuesday March 5 between the hours of 10:00 am to 5 pm. On Wednesday March 6 the exhibit hours are from 9:00 am to 12:00pm. The PDAC is one of the leading conventions globally for the mining industry. The Company is [...]
Grid Metals Corp. today added additional disclosure to the January 24, 2019 news release made by the Company. The January 24, 2019 news release referred to a Preliminary Economic Assessment completed by the Company and metallurgical work being undertaken as a result of the recommendations of the PEA. The Company wishes to add cautionary disclosure to the January 24, 2019 press release relating to the PEA. The PEA is [...]
Grid Metals Corp. today provided an update on the Makwa Mayville Nickel Copper Project located in south eastern Manitoba, Canada. Grid is focused on developing the project towards feasibility study and production. The Project was the subject of a Preliminary Economic Assessment *. The Company is currently implementing several of the key recommendations of the PEA focused on improving the project economics and advancing [...]
Grid Metals Corp. today announced an update of activities at its Makwa Mayville Nickel Copper Cobalt PGE project. The project is located in the Bird River Greenstone Belt of southeastern Manitoba. Grid completed a National Instrument 43-101 compliant Preliminary Economic Assessment of the Makwa Mayville Project which was published in April 2014. The mining plan in the PEA envisages mining from the Mayville and Makwa [...]
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