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Grounded Lithium Corp. (GRDAF) is a publicly traded lithium brine exploration and development company with a vision to become a best-in-class, environmentally responsible Canadian lithium producer. The company controls approximately 1.0 million metric tonnes of Measured & Indicated lithium carbonate equivalent mineral resource and 3.2 million metric tonnes of Inferred lithium carbonate equivalent resource. Their multi-faceted business model involves the consolidation, delineation, exploitation, and development of lithium resources in Southwest Saskatchewan. Grounded Lithium Corp. focuses on low-cost operations to economically produce battery-grade lithium supporting the global energy transition shift.
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Grounded Lithium Corp. (TSXV: GRD) (OTCQB: GRDAF) receives an update from Stonegate Capital Partners, with key takeaways including the publication of a PEA with an after-tax NPV of $1.0B, an expected upward re-rating, and the selection of Koch Technology Solutions as the DLE provider.
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Grounded Lithium Corp. (GRD, GRDAF) announces financial and operating results for the third quarter and nine-month period ended September 30, 2023. The company reported a net comprehensive loss of CAD$3,539,319 for Q3 2023, compared to CAD$783,927 in Q3 2022. Operational highlights include the economic results of the preliminary economic assessment for the Kindersley Lithium Project, showing an after-tax internal rate of return of 48.5% and an after-tax net present value of CAD$1.3 billion. The company also closed a $765,000 non-brokered private placement at the end of the quarter, with proceeds allocated to general corporate purposes.
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GRD (TSX.V: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. announces the filing of the updated preliminary economic assessment for the Kindersley Lithium Project, reclassifying 1.0 million tonnes of Inferred LCE resources to Measured and Indicated mineral resources. The overall LCE total remains unchanged, supporting the high-quality resource of the KLP. The economic analysis remains the same as the initial assessment. The Updated PEA is available on SEDAR and the Company's website.
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Grounded Lithium Corp. has announced the advanced recognition of 63 sections of the Company's holdings from Inferred mineral resources to Measured mineral resource and Indicated mineral resource. This upgrade represents approximately 1.0 million tonnes of lithium carbonate equivalent within the Kindersley Lithium Project area. The upgrade confirms the overall 4.2 million tonnes of LCE across the KLP.
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Grounded Lithium Corp. reports Q2 2023 financial and operating results.
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Grounded Lithium Corp. (GLC) is pleased to announce the filing of a preliminary economic assessment for the Kindersley Lithium Project, showing a US$1.0 billion after-tax net present value and a 48.5% after-tax internal rate of return. The assessment is based on an annual production of 11,000 tonnes of battery-grade lithium hydroxide monohydrate, using Koch Technologies Solutions' proprietary lithium extraction technology called Li-ProTM.
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FAQ
What is the current stock price of GROUNDED LITHIUM (GRDAF)?
The current stock price of GROUNDED LITHIUM (GRDAF) is $0.028 as of December 19, 2024.
What is the market cap of GROUNDED LITHIUM (GRDAF)?
The market cap of GROUNDED LITHIUM (GRDAF) is approximately 2.8M.
What is the vision of Grounded Lithium Corp.?
The company aims to become a best-in-class, environmentally responsible Canadian lithium producer.
How much lithium resource does Grounded Lithium Corp. control?
They control approximately 1.0 million metric tonnes of Measured & Indicated lithium carbonate equivalent mineral resource.
What is the focus of Grounded Lithium Corp.'s business model?
Their business model involves the consolidation, delineation, exploitation, and development of lithium resources.
Where does Grounded Lithium Corp. operate?
Grounded Lithium Corp. operates in Southwest Saskatchewan.
What is the goal of Grounded Lithium Corp. regarding lithium production?
The goal is to economically produce battery-grade lithium supporting the global energy transition shift.
What sets Grounded Lithium Corp. apart as a lithium producer?
The company focuses on low-cost operations and environmentally responsible practices.
What financial and operational results did Grounded Lithium Corp. announce for the three-month period ended March 31, 2024?
The company announced their financial and operational results, showcasing their progress and achievements during that period.
GROUNDED LITHIUM CORP
OTC:GRDAF
GRDAF Rankings
GRDAF Stock Data
2.79M
72.00M
9.24%
Other Industrial Metals & Mining
Basic Materials
United States of America
Calgary