STOCK TITAN

Grid Battery - EVKRF STOCK NEWS

Welcome to our dedicated page for Grid Battery news (Ticker: EVKRF), a resource for investors and traders seeking the latest updates and insights on Grid Battery stock.

About Grid Battery Metals Inc.

Grid Battery Metals Inc. (OTCQB: EVKRF) is a Canadian-based exploration company dedicated to the discovery and development of high-value battery metals essential for the electric vehicle (EV) market. With its primary listing on the TSX Venture Exchange under the symbol CELL, Grid focuses on lithium and nickel exploration, positioning itself as a key player in the global transition to sustainable energy.

Core Business and Exploration Focus

Grid Battery Metals specializes in early-stage exploration projects targeting battery metals critical for EV batteries, including lithium and nickel. The company’s projects are strategically located in resource-rich regions, including Nevada, USA, and British Columbia, Canada. These regions are known for their favorable geology, mining-friendly regulations, and well-established infrastructure, which support efficient exploration and development activities.

Key Exploration Projects

  • Clayton Valley Lithium Project (Nevada): Situated near Albemarle’s Silver Peak Mine, North America’s only lithium brine producer, this 930-hectare project targets lithium-rich claystone and brine deposits. Recent exploration has identified promising lithium concentrations, supported by advanced geophysical surveys and drilling programs.
  • Texas Springs Property (Nevada): Located in Elko County, this project targets lithium clay deposits within volcanic tuff formations. Phase 1 exploration yielded average lithium grades of 2,010 ppm, with peak values up to 5,610 ppm, showcasing the property’s potential for significant lithium resources.
  • British Columbia Nickel Project: Comprising 27,525 hectares, this project targets nickel, cobalt, and chromium mineralization in the Omineca region, a prolific mining area. The project benefits from proximity to advanced-stage copper-gold and nickel deposits, enhancing its strategic value.

Competitive Positioning

Grid Battery Metals operates in highly competitive mining regions, with notable neighbors such as Albemarle and Century Lithium in Nevada and NorthWest Copper Corp. in British Columbia. The company leverages its strategic land acquisitions, systematic exploration methodologies, and advanced geophysical techniques to identify high-potential mineral deposits. By focusing on early-stage exploration, Grid positions itself as an attractive partner for joint ventures or acquisitions by larger mining companies.

Exploration Methodology and Expertise

Grid employs a multi-disciplinary approach to exploration, combining geophysical surveys, soil sampling, and reverse circulation drilling to evaluate mineral potential. The company’s technical team includes qualified geologists and mining professionals with extensive experience in battery metals exploration. Recent drilling programs in Clayton Valley have identified significant lithium-bearing sediments, while geophysical surveys in British Columbia highlight promising nickel-cobalt targets.

Market Relevance and Value Proposition

The global transition to electric vehicles has amplified demand for battery metals, positioning Grid Battery Metals as a strategic player in the supply chain. By focusing on lithium and nickel, the company addresses critical bottlenecks in EV battery production. Grid’s diversified portfolio and systematic exploration strategies provide a robust foundation for long-term value creation.

Conclusion

Grid Battery Metals Inc. is a forward-thinking exploration company dedicated to unlocking the potential of high-value battery metals. Through strategic project locations, advanced exploration techniques, and a focus on lithium and nickel, the company aims to contribute to the sustainable energy revolution while delivering value to its stakeholders.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.63%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4%
Tags
none
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Grid Battery Metals Inc. appoints Steven McMillin as Qualified Person for Nevada-based lithium exploration projects. McMillin brings 35 years of experience in mineral exploration, including significant roles at Rangefront Geological and Jerritt Canyon Gold LLC. His expertise will guide upcoming lithium exploration programs, with the company being fully funded for the 2024 exploration season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.42%
Tags
management
-
Rhea-AI Summary
Grid Battery Metals Inc. announces the filing of the Technical Report for the Texas Spring Lithium Project, showing impressive exploration results and plans for future drilling. The company is well-funded for its 2024 exploration season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
Tags
none
-
Rhea-AI Summary
Grid Battery Metals Inc. (CELL) completes sale of Surge Battery Metals Inc. for over CAD$5 million, adding to treasury. The company plans to spin out and publicly list its BC nickel assets as a separate public company in 2024, providing shareholders with a proportionate share at no additional cost.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.51%
Tags
none
Rhea-AI Summary
Grid Battery Metals Inc. (TSXV:CELL)(OTCQB:EVKRF)(FRA:NMK2) announced the filing of the National Instrument 43-101 Technical Report for the Nickel Project in the Takla Lake Area, BC. The report outlines the completion of the third phase of the BC Nickel exploration program in 2023, with a proposed exploration budget of approximately CAD$200,000. Grid's subsidiary, AC/DC Battery Metals Inc., will carry out the fourth phase exploration plans in 2024, following the proposed Grid Spin-out plan announced in September 2023. Current Grid shareholders will receive a common share dividend in AC/DC shares as part of this transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.64%
Tags
none
-
Rhea-AI Summary
Grid Battery Metals Inc. (TSXV:CELL)(OTCQB:EVKRF)(FRA:W47) has had a successful year in 2023 with key additions to its lithium and nickel properties, equity financings, and plans to spin out Canadian Nickel assets into a separate public company. The company is fully funded for the 2024 mineral exploration season and benefits from government support for the mining industry in the US and Canada. It has added new lithium properties in Nevada and plans to list its nickel project on the TSX Venture Exchange in 2024, providing a free common share dividend to its shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
none
-
Rhea-AI Summary
Grid Battery Metals Inc. (TSXV:CELL)(OTCQB:EVKRF)(FRA:NMK2) announces the completion of soil sample results from the first phase of its fall exploration program at its Texas Springs Property near Elko Nevada. The company's Texas Springs Lithium Property adjoins the southern border of the Nevada North Lithium Project owned by Surge Battery Metals Inc. The soil sampling program revealed high-grade lithium zones in the northwestern region of the Texas Spring Lithium property, with some samples showing lithium grades over 3,000 ppm. The company plans to interpret the geological data and plan next steps for the 2024 exploration season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.62%
Tags
none
Rhea-AI Summary
Grid Battery Metals Inc. profiled in Resource World Magazine
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.57%
Tags
none

FAQ

What is the current stock price of Grid Battery (EVKRF)?

The current stock price of Grid Battery (EVKRF) is $0.015097 as of February 28, 2025.

What is the market cap of Grid Battery (EVKRF)?

The market cap of Grid Battery (EVKRF) is approximately 3.3M.

What does Grid Battery Metals Inc. do?

Grid Battery Metals Inc. is a Canadian exploration company focused on discovering and developing high-value battery metals, including lithium and nickel, for the electric vehicle market.

Where are Grid Battery Metals’ key projects located?

The company’s key projects are located in Nevada, USA, and British Columbia, Canada, targeting lithium and nickel deposits.

What is the significance of the Clayton Valley Lithium Project?

The Clayton Valley Lithium Project is strategically located near Albemarle’s Silver Peak Mine, targeting lithium-rich claystone and brine deposits with promising exploration results.

How does Grid Battery Metals differentiate itself from competitors?

Grid differentiates itself through strategic land acquisitions, advanced exploration methodologies, and a focus on early-stage projects in prolific mining regions.

What makes Grid Battery Metals relevant to the EV market?

Grid focuses on lithium and nickel, critical components of EV batteries, aligning with the growing global demand for sustainable energy solutions.
Grid Battery

OTC:EVKRF

EVKRF Rankings

EVKRF Stock Data

3.28M
184.90M
1.94%
Other Industrial Metals & Mining
Basic Materials
Link
Canada
Coquitlam