Grit Metals Engages Plutus Invest & Consulting GmbH to Provide Certain Marketing and Investor Awareness Services

Rhea-AI Summary

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.

Positive

• Engagement targets European investor awareness via Plutus network
• Defined media budget of up to €250,000 for campaigns
• No equity issued; Plutus receives no shares or options

Negative

• Agreement subject to TSX Venture Exchange approval
• Potential cash outflow of up to €250,000 for media purchases
• No performance-based fees or milestones in the agreement

News Market Reaction

+8.66%

1 alert

+8.66% News Effect

On the day this news was published, EUEMF gained 8.66%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Grit Metals Corp. (TSXV: FIN) (FSE: K9T) (OTCQB: EUEMF) ("Grit" or the "Company") announces that, subject to regulatory approval, it has engaged the services of Plutus Invest and Consulting GmbH ("Plutus"), to provide the Company with marketing and communications services for a twelve-month term commencing on February 9, 2026. Plutus is providing the consulting services pursuant to a consulting agreement (the "Agreement") entered into with the Company. The services to be provided under the Agreement include consulting services relating to advertising, marketing, public relations strategies and building advertisement-based investor awareness of the Company through Plutus' network in the European investment markets. The Company has agreed to pay Plutus a media budget of €100,000 up to €250,000 for media purchasing.

Plutus has a business address at Buchtstrasse 13, Bremen 28195, Germany and can be contacted at (email: contact@plutuinves.de), or by telephone: (+49 42117540174). Plutus and its principals are arm's length to the Company and Plutus has no present interest, directly or indirectly, in the Company or its securities, though it may acquire securities in the future. Marco Messina is the principal of Plutus and will be responsible for all activities related to the Company.

The Agreement may be terminated by either party at any time. There are no performance factors contained in the Agreement and Plutus will not receive common shares or options to purchase common shares of the Company as compensation. The Agreement and the engagement of Plutus pursuant thereto remains subject to the approval of the TSX Venture Exchange.

About Grit Metals Corp.

Grit Metals Corp. is a junior exploration company focused on lithium-cesium-tantalum pegmatites in central Finland. The Company's exploration licences are located within 1 km of Keliber's mine and production complex, a €600 million investment by Sibanye-Stillwater Limited in partnership with Finnish Minerals Group (www.mineralsgroup.fi). The Keliber complex, which is currently in commissioning, will comprise open-pit and underground mining, a central spodumene concentrator and a lithium hydroxide plant at tidewater in Kokkola, creating a complete hard-rock lithium supply chain in the region (source: www.sibanyestillwater.com).

On behalf of the board of directors of the Company:

Jeremy Poirier
Chief Executive Officer
Telephone: 604-722-9842

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements Regarding Forward-Looking Information

This new release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements obtaining regarding regulatory approvals, including those of the TSX-V; the anticipated effects of the investor awareness campaigns; the future results of operations, performance and achievements of the Company, including the presence of lithium mineralization at, and the exploration and development potential of, the Finland Pegmatite Project. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct.

All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include obtaining regulatory approvals, including those of the TSX-V, in a timely manner or at all; Plutus performing its obligations under the Agreement as anticipated; market conditions supporting improved liquidity of the shares; economic conditions; mineral prices; and anticipated costs and expenditures; the costs of any anticipated work programs and the ability to fund such costs; required approvals in connection with any work programs and the ability to obtain such approvals; risks inherent in exploration as well as those described under the heading "Risks and Uncertainties" in the Company's most recently filed MD&A.

The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law Readers are cautioned not to place undue reliance on forward-looking information

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283292

FAQ

What services did Grit Metals (EUEMF) hire Plutus Invest to provide on February 9, 2026?

They were hired to deliver advertising, marketing and public relations services across European investment markets. According to the company, the 12-month agreement covers investor awareness campaigns and strategic communications through Plutus' network starting February 9, 2026.

How much will Grit Metals (EUEMF) spend on media with Plutus under the agreement?

Grit Metals agreed a media budget ranging from €100,000 to €250,000 for media purchasing. According to the company, this budget is earmarked for advertising and investor awareness activities over the 12-month term.

Will Plutus receive equity or options from Grit Metals (EUEMF) as part of the deal?

No, Plutus will not receive common shares or options as compensation. According to the company, Plutus will be paid via the stated media budget and consulting arrangement only, with no present equity interest.

When does the Plutus marketing agreement for Grit Metals (EUEMF) start and how long does it last?

The agreement commences on February 9, 2026 and runs for 12 months. According to the company, either party may terminate the agreement at any time and the engagement remains subject to TSX Venture Exchange approval.

Is the Plutus agreement for Grit Metals (EUEMF) finalized and are there regulatory conditions?

The engagement is subject to approval by the TSX Venture Exchange and therefore not final until approved. According to the company, the agreement is entered but its effectiveness depends on that regulatory clearance.