Welcome to our dedicated page for Grounded Lithium news (Ticker: GRDAF), a resource for investors and traders seeking the latest updates and insights on Grounded Lithium stock.
Grounded Lithium Corporation (GRDAF) provides critical lithium brine resource updates through this centralized news hub. Investors and industry observers will find authoritative reporting on operational milestones, technical assessments, and strategic initiatives driving North America's energy transition.
This resource aggregates all essential updates including mineral resource estimates, partnership announcements, and regulatory filings. Track progress on field programs, exploration results, and sustainability initiatives while staying informed about GRDAF's position in the lithium market.
Content spans NI 43-101 technical reports, land acquisition updates, and extraction technology developments. Each release maintains strict compliance with Canadian mining disclosure standards, offering transparent insights into project viability and corporate strategy.
Bookmark this page for direct access to GRDAF's official communications. Combine these primary sources with market analysis tools for comprehensive investment research in the evolving lithium sector.
Grounded Lithium Corp. (OTCQB: GRDAF) reported its financial and operating results for Q1 2024. Key highlights include a net comprehensive loss of CAD 507,607, a significant improvement from the CAD 1,682,288 loss reported in Q1 2023. The company also announced entering into agreements with Denison Mines Corp., which are expected to fund a field pilot for the KLP project. Operating cash flow used was CAD 411,756, down from CAD 1,730,836 in the same period last year. Capital expenditures saw a disposition of CAD 800,000. The company's working capital surplus was CAD 303,222, down from CAD 890,061 a year earlier. Shares outstanding increased to 78,279,227 from 69,656,423. Further details can be found in their financial statements and management's discussion on their website or sedarplus.ca.
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