GRID BATTERY METALS INC - EVKRF STOCK NEWS

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Grid Battery Metals Inc. (EVKRF) is a Canadian exploration company focused on high-value battery metals needed for electric vehicles. The company owns lithium and nickel projects in Nevada and British Columbia, aiming to capitalize on the growing demand for these metals in the EV industry. With successful annual meetings, spin-out plans, and shareholder dividends, Grid is strategically positioned for growth and value creation in the battery metals market.

Grid's Texas Springs Property in Nevada and Nickel Projects in British Columbia hold promising mineralizations, while the Clayton Valley Lithium Project near Nevada's Silver Peak is strategically located next to Albemarle Corporation's lithium property. The recent approval for the listing of AC/DC Battery Metals Inc. on the TSX Venture Exchange signifies a significant milestone for Grid, opening new avenues for investment and expansion opportunities.

05/09/2024 07:30 AM

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Fundamental Research Initiates Coverage on Grid Battery Metals and Publishes Its Initiation Research Report

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Grid Battery Metals Inc. announced that Fundamental Research Corp. has initiated coverage on the company, providing a third-party independent research report. The report includes an Enterprise Valuation Analysis and a Share Price Target by FRC's VP & Head of Research, Mr. Siddarth Rajeev.

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05/02/2024 07:30 AM

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Grid Battery Exploration Team Reports its MT Geophysics Survey Results on the Clayton Valley Lithium Project

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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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04/18/2024 07:30 AM

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Grid Battery Announces Record Date and Effective Date for Spin-Out of AC/DC Battery Shares

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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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04/10/2024 07:30 AM

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Grid Battery Results of Annual General and Special Meeting of Shareholders

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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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03/28/2024 07:30 AM

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Grid Battery Exploration Team begins work on its Clayton Valley Lithium Project

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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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03/13/2024 07:30 AM

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Grid Battery To Begin the 2024 Exploration Program on Its Clayton Valley Lithium Project

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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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03/06/2024 07:30 AM

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Grid Battery Metals Files NI 43-101 Technical Report on its Clayton Valley Lithium Project in Nevada

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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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02/29/2024 10:30 AM

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Global Business Reports Magazine Profiles Grid Battery Metals in the Western USA Mining 2024 Issue

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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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02/21/2024 07:30 AM

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Grid Battery Metals Provides Update for the Proposed Spin-out and TSX Venture listing of its subsidiary, AC/DC Battery Metals Inc.

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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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02/07/2024 07:30 AM

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Grid Battery Metals Team Provides Nevada Exploration Update for 2024

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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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FAQ

What is the current stock price of GRID BATTERY METALS (EVKRF)?

The current stock price of GRID BATTERY METALS (EVKRF) is $0.029 as of October 15, 2024.

What is the market cap of GRID BATTERY METALS (EVKRF)?

The market cap of GRID BATTERY METALS (EVKRF) is approximately 4.8M.

What is Grid Battery Metals Inc. focused on?

Grid Battery Metals Inc. is focused on exploration for high-value battery metals required for the electric vehicle (EV) market, including lithium and nickel projects in Nevada and British Columbia.

What projects does Grid Battery Metals Inc. own?

Grid Battery Metals Inc. owns the Texas Springs Property in Nevada, which consists of mineral lode claims, and Nickel Projects in British Columbia, focusing on nickel, cobalt, and chromium mineralization.

Where is the Clayton Valley Lithium Project located?

The Clayton Valley Lithium Project is located near Silver Peak, Nevada, strategically positioned next to Albemarle Corporation's lithium property.

What recent approval has Grid Battery Metals Inc. received?

Grid Battery Metals Inc. has received conditional approval for the listing of AC/DC Battery Metals Inc. shares on the TSX Venture Exchange, creating new growth and investment opportunities.

Who is the President & CEO of Grid Battery Metals Inc.?

Tim Fernback serves as the President & CEO of Grid Battery Metals Inc., leading the company's strategic initiatives in battery metal exploration and investment.