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Grit Metals Corp. reports on lithium exploration and capital activity tied to its Lithium-Cesium-Tantalum pegmatite prospects in central Finland. Company updates focus on technical reviews, surface-sampling datasets, geological interpretation, drill targeting, and exploration work across 100% held prospects in the Central Finland Lithium Exploration Project, including Kyrola, Mörkylä, and the Emmes Permit area.
Recurring news also covers private placements, common-share and warrant issuances, debt settlements, insider participation in financings, TSX Venture Exchange approvals, stock option grants, and governance changes such as technical leadership appointments and advisory board formation.
Grit Metals (OTCQB: EUEMF) appointed Jake Clark as Chief Executive Officer and director, effective immediately, succeeding Jeremy Poirier, who becomes Chairman. Former Chairman Gino DeMichele has retired from the board. Clark, previously Vice President Exploration, has over 12 years of international geology and mining experience and has led technical progress on the company’s Finnish projects.
In connection with his appointment, Grit granted Clark 700,000 stock options to purchase common shares at an exercise price of $0.11 per share, exercisable for five years under the company’s Equity Incentive Plan, which complies with TSX Venture Exchange policies.
Grit Metals (OTCQB: EUEMF) reported new surface and drill results from its 100%-owned Central Finland Lithium Project. Systematic boulder sampling at the Jylhä permit identified additional spodumene-bearing pegmatite boulders in previously untested areas, including assays of 2.0% and 2.35% Li₂O and several samples above 0.5% Li₂O, expanding high-grade lithium mineralisation distribution and defining new priority target clusters.
The maiden diamond drilling program at the Kyrölä and Mörkylä targets intersected multiple geochemically evolved, highly fractionated pegmatite bodies enriched in lithium, cesium, tantalum and beryllium, confirming a fertile LCT pegmatite system. One Mörkylä interval averaged 250 ppm Li over 2.90 m but is not considered economically mineralised. According to Grit Metals, combined surface and drill data have materially refined its geochemical targeting model and vectors for the next phase of exploration.
Grit Metals (OTCQB: EUEMF) completed its maiden diamond drilling campaign at the Kyrölä and Mörkylä lithium targets within the Central Finland Lithium Project. The program totaled 2,787.4 m over 29 holes, testing LCT pegmatite targets defined by boulder geochemistry and mapping.
All core is logged and being cut, with samples to be submitted to ALS Sodankylä; assays will be released once reviewed. Additional surface sampling of spodumene boulders was completed. Kyrölä and Mörkylä lie within the Kaustinen lithium district, near Keliber and Leviäkangas lithium deposits.
Grit Metals (OTCQB: EUEMF) has begun a fully funded 2,500 m maiden diamond drilling program (≈25 holes) across two Central Finland permits, Nabba and Jylhä. The program targets LCT pegmatites at Kyrölä and Mörkylä, the latter 1.5 km SE of Keliber's Leviäkangas deposit.
Drilling is expected to finish before the end of May 2026; assays and results will follow once holes are completed.
Grit Metals (OTCQB: EUEMF) completed a technical review of its Central Finland lithium portfolio and is preparing a maiden diamond drilling program targeting LCT pegmatites at Kyrola and Mörkylä.
Key facts: Kyrola hosts an ~850 m by 110 m transported boulder anomaly; Mörkylä has a 275 m spodumene-bearing boulder trend; drilling is planned late Q1–early Q2; Emmes permit totals 4,071 hectares.
Grit Metals (OTCQB: EUEMF) engaged Plutus Invest & Consulting GmbH for a 12-month marketing and investor awareness mandate starting February 9, 2026, subject to TSX Venture Exchange approval.
The agreement includes advertising, marketing and public relations across European investment markets and a media purchasing budget of €100,000 up to €250,000. Plutus will not receive shares or options as compensation and may be terminated by either party.
Grit Metals (symbol: EUEMF) announced completion of a debt settlement on February 3, 2026. The company received TSX Venture Exchange approval and settled a $50,000 signing bonus owed to Vice President, Exploration Jake Clarke by issuing 416,667 common shares at a deemed price of $0.12 per share.
All issued securities are subject to a four-month-and-one-day resale restriction under TSXV policy.
Summary not available.
Grit Metals (EUEMF) closed a non-brokered private placement on January 15, 2026 raising gross proceeds of $1,004,000 by issuing 10,040,000 Units at $0.10 per Unit. Each Unit includes one common share and one-half warrant; each whole Warrant is exercisable at $0.25 until January 15, 2028. The company paid $50,880 in finders' fees and issued 714,000 non-transferable finder warrants on the same terms. Proceeds will be used to advance the Pegmatite Project in central Finland and for general working capital. Securities issued are restricted from resale until May 16, 2026. An insider subscribed for 500,000 Units, treated as a related party transaction and exempt from certain MI 61-101 requirements.
Grit Metals announced it has received TSX Venture Exchange approval and settled outstanding indebtedness of $75,000 by issuing 625,000 common shares at a deemed price of $0.12 per share.
All securities issued under the debt settlement are subject to resale restrictions until April 10, 2026 under applicable securities laws.