Grid Metals Corp. today announced the closing of its financing announced on October 29, 2019. Pursuant to the Offering the Company has issued a total of 3,000,000 Units at $0.10 per Unit and 1,360,000 Flow Through shares at $0.125 per share for total gross proceeds of $470,000. Each Unit consists of a common share and a warrant exercisable at $0.15 per share for a period of two years. Subsequent to the initial closing [...]
The Board of Directors of Grid Metals Corp. is pleased to announce that Dr. Dave Peck, Ph.D., P.Geo., has been appointed to the position of Vice President of Exploration and Business Development for Grid Metals Corp. Dr. Peck is a practicing Professional Geoscientist with over 30 years of experience with majors, mid-tier mining and junior exploration companies. His career focus has been on discovering, evaluating and [...]
Grid to Present at PDAC 2020 Nickel and PGM Session Grid Metals Corp. "Grid" or the "Company" is pleased to announce that it will be presenter at the Nickel and PGM Session at the 2020 Prospectors and Developers Conference in Toronto. The Grid presentation will take place on March 3, 2020 at 10:45:00 AM in Room 801B in the Metro Toronto Convention Centre, South Building. The Company presentation will review the latest [...]
Grid Metals Corp. today outlined drill targets for the upcoming drill program at its East Bull Lake platinum palladium project. The Company has outlined up to three targets for drilling in the upcoming program scheduled for January 2020. Grid controls the majority of the East Bull Property which is a platinum group metal bearing layered Proterozoic intrusion located approximately 80 km west of Sudbury Ontario. East Bull [...]
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 [...]