Not for distribution to United States Newswire Services or for dissemination in the United States Grid Metals Corp. is pleased to report that it has closed the previously announced non-brokered private placement of flow through units of the Company for gross proceeds of C$800,000 . The Company issued a total of 5,000,000 FT Units of the Company at a price of C$0.16. Red Cloud Securities Inc. acted as a finder in [...]
Grid Metals Corp. is pleased to announce that it has signed a contract for a new diamond drilling program at its East Bull Lake Palladium property 80 km west of Sudbury ON. The Company also announces a non-brokered private placement of flow through units of the Company for gross proceeds of up to C$550,000 primarily in order to fund the drilling program. Drilling Set to Commence Grid recently completed a geophysical [...]
Grid Metals Corp. is pleased to provide an update on the exploration program at its 100% owned East Bull Lake palladium property in Ontario. Highlights Completion of the spring 2020 magnetotelluric survey with several new targets identified Emerging pattern of coincident MT anomalies, major structures and known palladium mineralization Tenders for a planned summer 2020 drill program are in progress Acquisition of [...]
Grid Metals Corp. is pleased to provide an update on the exploration program at its 100% owned East Bull Lake palladium property in Ontario. The exploration target at EBL is structurally-controlled, palladium-dominant mineralization with higher grades and greater thickness and continuity than the widespread near-surface palladium zones that have been identified to date. The Company has initiated a magnetotelluric survey [...]
Grid Metals Corp. is pleased to provide a corporate update to shareholders of its activities in light of the significant global developments with respect to the Covid-19 pandemic and current adverse market conditions. Financing and Working Capital Grid currently has working capital of approximately $2 million dollars. Final approval has been received from the TSX Venture Exchange for the Non-Brokered Private Placement [...]
The Board of Directors of Grid Metals Corp. is pleased to announce that the Company has entered into a geophysical contract with Quantec Geoscience Limited to complete a Spartan magnetotelluric survey at its East Bull Lake palladium property located 80 km west of Sudbury, Ontario. The survey is being designed to delineate drill targets associated with favourable rock types and potential feeder structures. The survey is [...]
Not for distribution to United States Newswire Services or for dissemination in the United States Grid Metals Corp. is pleased to report that it has closed the previously announced non-brokered private placement of units of the Company for gross proceeds of C$1,399,996 . The Company issued a total of 10,769,200 units of the Company at a price of C$0.13. Red Cloud Klondike Strike Inc. acted as a finder in connection with [...]
Not for distribution to United States Newswire Services or for dissemination in the United States Grid Metals Corp. is pleased to announce a non-brokered private placement of units of the Company for gross proceeds of up to approximately C$1,400,000 . Red Cloud Securities is acting as a finder in connection with the Offering. Each Unit is being offered at a price of C$0.13 and will be comprised of one common share of the [...]
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 [...]