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Grid Battery-Engages i2i Marketing Group, LLC for Marketing Program

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Grid Battery Metals Inc. (TSXV:CELL, OTCQB:EVKRF, FRA:NMK2) has engaged i2i Marketing Group, for a four-month marketing program, pending TSX Venture Exchange approval. The agreement, dated August 15, 2024, involves a US$600,000 fee for marketing and media distribution services. Grid will pay an initial US$150,000 deposit for campaign creation, offsetting the initial media distribution budget.

The program aims to increase investor awareness through online platforms and direct mailing. Grid has the option to extend the agreement for an additional six months at US$600,000, with potential month-to-month continuation thereafter. No securities will be issued as compensation, and i2i currently owns no Grid securities.

Grid Battery Metals Inc. (TSXV:CELL, OTCQB:EVKRF, FRA:NMK2) ha ingaggiato i2i Marketing Group per un programma di marketing della durata di quattro mesi, in attesa dell'approvazione della TSX Venture Exchange. L'accordo, datato 15 agosto 2024, prevede una compenso di 600.000 dollari USA per i servizi di marketing e distribuzione dei media. Grid pagherà un deposito iniziale di 150.000 dollari USA per la creazione della campagna, compensando così il budget iniziale per la distribuzione dei media.

Il programma ha l'obiettivo di aumentare la consapevolezza degli investitori attraverso piattaforme online e mailing diretto. Grid ha la possibilità di estendere l'accordo per ulteriori sei mesi al costo di 600.000 dollari USA, con una possibile continuazione mese per mese successivamente. Non saranno emessi titoli come compenso e i2i attualmente non possiede titoli di Grid.

Grid Battery Metals Inc. (TSXV:CELL, OTCQB:EVKRF, FRA:NMK2) ha contratado a i2i Marketing Group para un programa de marketing de cuatro meses, sujeto a la aprobación de la bolsa de valores TSX Venture Exchange. El acuerdo, fechado el 15 de agosto de 2024, incluye una tarifa de 600.000 dólares estadounidenses por servicios de marketing y distribución de medios. Grid pagará un depósito inicial de 150.000 dólares estadounidenses para la creación de la campaña, compensando así el presupuesto inicial de distribución de medios.

El programa tiene como objetivo aumentar la conciencia de los inversionistas a través de plataformas en línea y correo directo. Grid tiene la opción de extender el acuerdo por seis meses adicionales a 600.000 dólares estadounidenses, con la posibilidad de continuar mes a mes después. No se emitirán valores como compensación, y i2i no posee actualmente valores de Grid.

Grid Battery Metals Inc. (TSXV:CELL, OTCQB:EVKRF, FRA:NMK2)는 i2i Marketing Group와 4개월간의 마케팅 프로그램을 계약했으며, TSX Venture Exchange의 승인을 기다리고 있습니다. 2024년 8월 15일에 체결된 이 계약은 마케팅 및 미디어 배포 서비스에 대해 600,000달러 미국의 수수료를 포함합니다. Grid는 캠페인 제작을 위해 150,000달러 미국의 초기 보증금을 지불하여 초기 미디어 배포 예산을 상쇄할 것입니다.

이 프로그램은 온라인 플랫폼과 다이렉트 메일을 통해 투자자들의 인식을 높이는 것을 목표로 합니다. Grid는 추가 6개월 동안 600,000달러 미국에 계약을 연장할 옵션이 있으며, 그 이후에는 월 단위로 연속할 수 있는 가능성이 있습니다. 보상으로 증권이 발행되지 않으며, i2i는 현재 Grid의 증권을 보유하고 있지 않습니다.

Grid Battery Metals Inc. (TSXV:CELL, OTCQB:EVKRF, FRA:NMK2) a engagé i2i Marketing Group pour un programme de marketing de quatre mois, en attente de l'approbation de la TSX Venture Exchange. L'accord, daté du 15 août 2024, implique des frais de 600 000 dollars américains pour des services de marketing et de distribution des médias. Grid paiera un dépôt initial de 150 000 dollars américains pour la création de la campagne, ce qui compense le budget initial de distribution des médias.

Le programme vise à accroître la sensibilisation des investisseurs via des plateformes en ligne et du courrier direct. Grid a la possibilité de prolonger l'accord de six mois supplémentaires pour 600 000 dollars américains, avec une éventuelle poursuite mois par mois par la suite. Aucun titre ne sera émis en tant que compensation, et i2i ne détient actuellement aucun titre de Grid.

Grid Battery Metals Inc. (TSXV:CELL, OTCQB:EVKRF, FRA:NMK2) hat i2i Marketing Group für ein viermonatiges Marketingprogramm engagiert, pending der Genehmigung durch die TSX Venture Exchange. Die Vereinbarung, datiert auf den 15. August 2024, umfasst eine Gebühr von 600.000 US-Dollar für Marketing- und Mediendistributionsdienste. Grid wird eine einmalige Anzahlung von 150.000 US-Dollar für die Kampagnenerstellung leisten, die das anfängliche Budget für die Mediendistribution ausgleicht.

Das Programm zielt darauf ab, das Bewusstsein der Investoren durch Online-Plattformen und Direktwerbung zu erhöhen. Grid hat die Möglichkeit, die Vereinbarung um weitere sechs Monate für 600.000 US-Dollar zu verlängern, mit der Möglichkeit einer monatlichen Fortsetzung danach. Es werden keine Wertpapiere als Vergütung ausgegeben, und i2i hält derzeit keine Wertpapiere von Grid.

Positive
  • Engagement of professional marketing firm to increase investor awareness
  • Option to extend marketing program for additional six months
  • No securities issued as compensation, avoiding potential dilution
Negative
  • Significant marketing expense of US$600,000 for initial four-month period
  • Additional US$600,000 cost for six-month extension if exercised

COQUITLAM, BC / ACCESSWIRE / August 16, 2024 / Grid Battery Metals Inc. (the "Company" or "Grid") (TSXV:CELL)(OTCQB:EVKRF)(FRA:NMK2) is pleased to announce that it has engaged i2i Marketing Group, LLC ("i2i") of Key West Florida, and has entered into a Marketing Agreement dated August 15, 2024, whereby i2i will provide a marketing and media distribution for an initial term of four months commencing upon TSX Venture Exchange ("Exchange") approval for a fee of US$600,000.

Upon Exchange approval, the Company will pay i2i an initial deposit of US$150,000 to write and design the creative for an advertising campaign. The US$150,000 will offset the payments required for the initial medial distribution budget.

i2i will create an advertising campaign and utilize their physical marketing program strategy with the aim of increasing investor awareness through various online platforms and methods of engagement, including the direct mailing of advertising materials to potentially interested parties. Following the end of the initial term, the Company has the sole option to extend the media distribution budget for an additional period of six months for an additional US$600,000. After the secondary term this agreement may continue on a month-to-month basis as mutually agreed upon by i2i and the Company.

The Company will not issue any securities to i2i as compensation for its marketing services. As of the date hereof, to the Company's knowledge, i2i (including its directors and officers) does not own any securities of the Company and is arm's length to the Company.

About Grid Battery Metals Inc. www.gridbatterymetals.com.

Grid Battery Metals Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market.

About Texas Springs Property

The Company owns a 100% interest in the Texas Spring Property which consists of mineral lode claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot, Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in volcanic tuff and tuffaceous sediments of the Humbolt Formation. A Phase 1 exploration program at the Texas Springs Property (Fall 2023) yielded average lithium grades of 2010 ppm, applying a 1,000 ppm cut-off, and up to 5,610 ppm Lithium.

The Texas Spring property adjoins the southern border of the Nevada North Lithium Project - owned by Surge Battery Metals Inc. ("Surge") (TSXV: NILI, OTC: NILIF) and comprised of 725 mineral claims. Surge's first round of drilling identified strongly mineralized lithium bearing clays. The average lithium content within all near surface clay zones intersected in the 2022 drilling program, applying a 1000 ppm cut-off, was 3254 ppm. (Press release March 29, 2023). More recent results have shown higher grade lithium up to 8070 ppm on this property after initial drilling (Press release September 12, 2023). Our exploration results are on-trend with these results.

About Clayton Valley Lithium Project

The Company owns a 100% interest in 113 lithium lode and placer claims covering over 640 hectares in Clayton Valley. Clayton Valley is a down-dropped closed basin formed by the Miocene age Great Basin extension and is still active due to movement along the Walker Lane structural zone. As a result, the basin has preserved multiple layers of lithium bearing volcanic ash, resulting from multiple eruptive events over the past 6 million years including eruptions from the 700,000-year-old Long Valley Caldera system and related events. These ash layers are thought to contribute to the lithium brines extracted by Albemarle and are also likely involved in the formation of the exposed lithium rich clay deposits on the east side of Clayton Valley.

Volt Canyon Lithium Property

The Company owns a 100% interest in 80 placer claims covering approximately 635 hectares of alluvial sediments and clays located 122 km northeast of Tonopah, Nevada.

On Behalf of the Board of Directors

"Tim Fernback"

Tim Fernback, President & CEO

Contact Information:
Email: info@gridbatterymetals.com
Phone: 604- 428-5690

Neither the 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. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. It should be noted that results from any adjacent property(s) are not an indication of what may be found on the Company's property(s).

SOURCE: Grid Battery Metals Inc.



View the original press release on accesswire.com

FAQ

What marketing firm has Grid Battery Metals (EVKRF) engaged for its marketing program?

Grid Battery Metals (EVKRF) has engaged i2i Marketing Group, of Key West, Florida for its marketing program.

How much is Grid Battery Metals (EVKRF) paying for the initial marketing program?

Grid Battery Metals (EVKRF) is paying US$600,000 for the initial four-month marketing program.

When does the marketing agreement between Grid Battery Metals (EVKRF) and i2i Marketing Group begin?

The marketing agreement begins upon TSX Venture Exchange approval, with the agreement dated August 15, 2024.

Can Grid Battery Metals (EVKRF) extend the marketing program with i2i Marketing Group?

Yes, Grid Battery Metals (EVKRF) has the option to extend the program for an additional six months at a cost of US$600,000.

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