Grid Metals Corp. today announced it has received conditional approval from the TSX Venture Exchange for the private placement financing, royalty sales and asset sales entered into with Lithium Royalty Corp. . The Transaction was announced on November 17, 2021. Total funding to Grid in connection to the proposed Transaction is approximately CAD$6.3 million. Under the terms of the TSXV conditional approval, the private [...]
Grid Metals Corp. today announced it has entered into a term sheet with Lithium Royalty Corp. to finance its lithium assets in Manitoba and Ontario. The closing of the transaction outlined in the term sheet will be subject to final due diligence of LRC and documentation. Upon closing Grid will receive 1) proceeds US$1.25 Million from the sale of a 25% interest in its lithium projects, 2) US$2.25 million from the grant of [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Critical and Precious Metals Investor Conference are now available for on-demand viewing. https://bit.ly/3oeX6bJ The company presentations will be available 24/7 [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Critical and Precious Metals Investor Conference on November 10th & 11th. This two-day investor focused Webinar will feature presentations and speakers discussing worldwide investment opportunities in [...]
Grid Metals Corp. is pleased to announced that Douglas Harris has joined Grid as Chief Financial Officer replacing Rodger Roden who is stepping down to concentrate on other endeavours after over 10 years as Grid CFO. Douglas Harris is a Chartered Accountant and a Chartered Business Valuator with over 20 years of experience in the financial services sector, including accounting, corporate finance, private equity and [...]
Grid Metals Corp. is pleased to announce the signing of an option agreement to acquire a 100% interest in a previously undiscovered and prospective spodumene and lepidolite-bearing pegmatite lithium property located approximately 250 km northwest of Thunder Bay . The property hosts at least one highly fractioned and rare metal-enriched pegmatite dyke evidenced by high-grade lithium and highly anomalous cesium, rubidium [...]
The impact and progression of Electric Vehicles is undeniable. What was once a radical idea is now certainly the way and the wave of the future. One need look no further than the proliferation of Tesla's on the road as testament. Other major automakers are in hot pursuit of this highly desirable market share. President Biden wants 50% of vehicles ON THE ROAD, not just in production, to be electric by 2030. This report [...]
Grid Metals Corp. is pleased to announce previously unreported drilling results for its Main Dyke lithium pegmatite target located immediately south of the Company's Mayville Cu-Ni-Co-PGM deposit in the Bird River greenstone belt of southeastern Manitoba. Results of the drilling identified high grade lithium, cesium and tantalum values in a continuous spodumene bearing pegmatite dyke with a minimum strike length of 775 [...]
Grid Metals Corp. is pleased to announce that Emerging Markets Consulting, LLC has been retained to provide investor and public relations services. EMC specializes in helping small and mid-sized public companies establish brand awareness and increase market share to its customer base while improving visibility to the institutional and retail investment community. "With the rapidly developing market for nickel, copper [...]
Grid Metals Corp. is pleased to announce the favourable results of initial metallurgical testwork showing high metal recoveries on core samples from the Central Parisien Lake palladium zone at its 100% owned East Bull Lake property near Sudbury, Ontario. The Company is also pleased to report that rhodium - the most valuable of the platinum group metals, is present in sufficiently high concentrations to be considered as a [...]
Grid Metals Corp. is pleased to provide a shareholder update for its projects located in Ontario. The drill program at Bannockburn Nickel is completed and the Company is awaiting assay results from the remaining seven drill holes submitted for assay. At the East Bull Lake Palladium Property first results from a sampling program over new prospective drill target areas are now pending with select samples expected in early [...]
Grid Metals Corp. is pleased to announce initial results from its recently completed spring 2021 drilling program on its 100% owned Bannockburn Nickel Sulphide Property located in the Matachewan area of northeastern Ontario and approximately 100 km south of Timmins. The new drill program is pursuing bulk tonnage disseminated nickel sulfide mineralization hosted by a three-kilometre-long serpentinized ultramafic body. The [...]
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