Grounded Lithium Corp (GRD) News
TSXV: GRD · Lithium · Advanced Exploration stage
- Market cap$6.0M
- Share price$0.075
- 52-week range$0.040 – $0.125
- Shares outstanding80,479,726
- ExchangeTSXV
- Websitegroundedlithium.com
GLC is a publicly traded lithium brine exploration and development company that controls approximately 1 million metric tonnes of Measured & Indicated lithium carbonate equivalent mineral resource and approximately 3.2 million metric tonnes of Inferred lithium carbonate equivalent resource over our focused land holdings in Southwest Saskatchewan as per the Company's updated PEA. The updated PEA, titled ' NI 43-101 Technical Report: Preliminary Economic Assessment Kindersley Lithium Project - Phase 1 Update ' dated November 7, 2023 and effective as of June 30, 2023, reports a Phase 1 NPV 8 after-tax of US$1 billion with an after-tax IRR of 48.5%. GLC's multi-faceted business model involves the consolidation, delineation, exploitation and ultimately development of our opportunity base to fulfill our vision to build a best-in-class, environmentally responsible, Canadian lithium producer supporting the global energy transition shift.
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