Grid Metals Corp. today provided an update on its nickel-copper-PGM sulfide and lithium pegmatite exploration properties. The exploration properties are located in highly active mining and exploration districts in Manitoba and Ontario. The Company in January completed a financing transaction comprising a sale of 25% of its lithium properties, a royalty and a private placement with Lithium Royalty Corp. for net proceeds of [...]
Grid Metals Corp. today provided a shareholder update with respect to its nickel-copper-cobalt-PGM and lithium exploration and development projects in Manitoba and Ontario. The Company has commenced drilling at its advanced exploration stage Makwa Nickel property in southeastern Manitoba and expects to complete ~3,000 metres focusing on several large and untested geophysical anomalies in an effort to expand and improve on [...]
Grid Metals Corp. is pleased to announce additional results from its 2021 drilling program on its 100% owned Bannockburn Nickel Sulfide Property located in the Matachewan area of northeastern Ontario, approximately 100 km south of Timmins. Drilling has intercepted wide intervals of nickel-bearing ultramafic rocks in each of the 5 holes reported to date. The holes cover ~700 metres of the strike length of the B Zone bulk [...]
Grid Metals Corp. today announced it has closed its previously announced financing with Lithium Royalty Corp. . The Transaction consists of a private placement financing, royalty sales on two properties pertaining to lithium minerals and asset sales of 25% interests in lithium rights on the two properties Total funding to Grid in connection to the proposed Transaction is approximately CAD$6.3 million. The working capital [...]
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 [...]
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