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GRID BATTERY METALS INC - $EVKRF STOCK NEWS

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Grid Battery Metals Inc. reported the results of its MT geophysics survey on the Clayton Valley Lithium Project. The survey aimed to identify lithium brine deposits through low resistivity signatures and basin floor structures. The company plans to conduct an infill sample program and create a 3D model for future drilling.

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-6.92%
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Grid Battery Metals Inc. has announced the record date for the distribution of AC/DC Battery Metals common shares to its shareholders. Shareholders will receive 0.05 AC/DC common shares for every 1 Grid common share held, totaling 9,414,040 AC/DC shares. The distribution record date is set for April 25, 2024, with the payment date on April 26, 2024. AC/DC is acquiring Nickel Properties in British Columbia from Grid as part of the plan of arrangement.
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14.29%
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Grid Battery Metals Inc. announces successful shareholder approval for the spin-out of its subsidiary AC/DC Battery Metals Inc. The company plans to transfer ownership of its Nickel Properties in British Columbia to AC/DC, focusing on lithium projects in Nevada and nickel properties in Canada. Shareholders voted in favor of all resolutions, including the proposed plan of arrangement and the issuance of a valuable share dividend. The company aims to create additional shareholder value by capitalizing on the growing demand for nickel in the electric vehicle and renewable energy sectors.
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Grid Battery Metals Inc. has initiated its 2024 Exploration Program at the Clayton Valley Lithium Project, starting with a Magnetotelluric geophysics survey by KLM Geoscience. The survey aims to identify potential lithium brine strata and structures, guiding future exploration plans. The company's President & CEO, Tim Fernback, highlights the strategic importance of the survey in selecting drill targets for upcoming exploration activities in proximity to Albemarle 's lithium production facility in Nevada.
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Grid Battery Metals Inc. announces the commencement of the 2024 Exploration Program on its Clayton Valley Lithium Project. The Company has partnered with Rangefront Geological for soil sampling and a CSAMT geophysical survey to identify lithium brine and potential drilling locations. The program aims to advance exploration efforts and provide valuable insights for future drilling operations.
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Grid Battery Metals Inc. announces the filing of the NI 43-101 Technical Report for its Clayton Valley Lithium Project, outlining future exploration plans. The company is well-funded with approximately CAD$7.0 million for the 2024 exploration season. The project aims to capitalize on the potential of lithium deposits in Clayton Valley, neighboring Albemarle Corporation's Silver Peak Lithium Project and Century Lithium Corp. The company aims to leverage Nevada's mining-friendly environment for shareholder benefit.
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Grid Battery Metals Inc. is profiled in Global Business Reports' Western USA Mining 2024 issue, highlighting its successful mineral exploration activities in Nevada. CEO Tim Fernback discusses the company's lithium exploration programs, strong financial position, and 2024 focus.
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12.9%
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Grid Battery Metals Inc. announces the spin-out of its BC Nickel assets into a separate entity named AC/DC Battery Metals Inc. The Company plans to list this new entity on the TSX Venture Exchange, providing shareholders with a valuable share dividend. The proposed transaction involves transferring ownership of nickel properties in British Columbia to SpinCo in exchange for approximately 9,414,040 common shares. Grid shareholders will receive Spin-Out Shares as part of the arrangement. The Spin-Out Transaction requires various approvals and will be detailed in the Management Information Circular. The Company also provides an update on its BC Nickel Project, outlining plans for the 2024 exploration season.
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Grid Battery Metals Inc. announces its plans to explore for the 2024 mineral exploration season in Nevada. The company is excited to offer a summary of the next steps for each of its three lithium property prospects in Nevada. Results from the Phase 1 exploration of the Texas Springs Property were impressive, and the company is recommending a Phase 1 Reverse Circulation program. At the Volt Canyon Lithium Project, the company plans to continue soil sampling and assay work in 2024. Additionally, the company has issued news of its site visit to the Clayton Valley Lithium Property in Nevada.
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4%
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Grid Battery Metals Inc. (EVKRF) announces exploration team visit to Clayton Valley Lithium Property in Nevada, adjacent to Silver Peak village. The lithium project holds potential for the company's future growth and expansion.
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GRID BATTERY METALS INC

OTC:EVKRF

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6.88M
184.52M
1.6%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
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