Ankündigung • Apr 17
Grounded Lithium Corp., Annual General Meeting, Jun 18, 2026 Grounded Lithium Corp., Annual General Meeting, Jun 18, 2026. Ankündigung • Aug 22
Grounded Lithium Corp. Updates on Pre-Feasibility Study of Kindersley Lithium Project Grounded Lithium Corp. announced that the company continues to work with its partner, Denison Mines Ltd. as it progresses to develop and finalize a pre-feasibility study anticipated to be completed towards the end of 2025 or early 2026. The PFS will provide clear conclusions on the economics, viability and development path for the Company's lithium from brine project, the Kindersley Lithium Project ("KLP"). The detailed depletion study of the Duperow/Leduc reservoir and subsequent analysis of different well designs and configurations provide the current plan to drill wells with 2 parallel horizontal legs into the 2 best reservoir zones which maximizes brine drainage at minimal costs. Extensive samples of brine collected from the re-entry of the KLP 4-15 well in late 2024 were shipped to several unique direct lithium extraction firms. Results from those assessments provide Stantec Inc, the PFS lead auditor, the opportunity to analyze which technology optimally extracts the lithium and maximize KLP's economics. Final decisions on design will ensue post conclusions from the PFS. Based on detailed work completed thus far, both sorption and ion-exchange lithium extraction methodologies have promise for the final design. In the continuing effort to reduce corporate expenditures, key personnel have decided to receive compensation in the form of equity incentives rather than solely cash compensation primarily received as contractors to the KLP. As such, the Company granted 2,110,900 stock options at an exercise price of $0.065 per share in accordance with the Company's Equity Incentive Plan approved by shareholders at the Company's Annual General Meeting held June 18, 2025. The grant remains subject to final TSXV approval. Ankündigung • Apr 11
Grounded Lithium Corp., Annual General Meeting, Jun 18, 2025 Grounded Lithium Corp., Annual General Meeting, Jun 18, 2025. Ankündigung • Jan 22
Grounded Lithium Corp. Announces Completion of 2024 Field Program on the Kindersley Lithium Project and Provides PFS Progress Update Grounded Lithium Corp. announced completion of the 2024 field program and provides an update on the ongoing Pre-Feasibility Study ("PFS") for the Kindersley Lithium Project ("KLP"). The Company, together with its strategic partner Denison Mines Corp. ("Denison"), completed a field drill program at the KLP's original 4-15-33-23W3 well (the "4-15 Well") successfully re-entering and extending the well achieving several defined objectives. Further, as part of the PFS preparation, the Company and Denison commenced extensive metallurgical testing and a depletion modeling exercise. The 4-15 Well was re-entered and deepened by 100 meters and subsequently tested for lithium concentrations and flow rates at a number of specific intervals across the entire Duperow formation, including newly accessible lower horizons. Previous test work focused on a single 178 metre thick interval considered to provide the greater deliverability of lithium-rich brine. These recent activities confirmed many of the preliminary understand but more importantly, allowed the Company and Denison to identify additional deliverability and extract large brine volumes from the formation for planned metallurgical testing. 11 intervals across the Duperow formation were tested for flow capabilities and lithium concentrations with samples sent to three independent labs for confirmation of lithium and ion concentrations; Test results confirmed lithium concentrations from zones previously tested at 76.5 milligrams/litre; Tests of the newly drilled lower zone, in the base of the Duperow formation, demonstrated high additional deliverability with lithium brine concentrations at 66 milligrams/litre, which has the potential to contribute to the overall deliverability of the KLP. Ankündigung • Nov 26
Grounded Lithium Corp., Annual General Meeting, Feb 15, 2024 Grounded Lithium Corp., Annual General Meeting, Feb 15, 2024. Ankündigung • Oct 25
Grounded Lithium Corp. Upgrades 1.0 Million Tonnes of LCE to Measured & Indicated Grounded Lithium Corp. announced the advanced recognition of 63 sections of the Company's holdings from Inferred mineral resources to Measured mineral resource and Indicated mineral resource. These category improvements represent approximately 1.0 million tonnes of lithium carbonate equivalent within 4.2 million tonnes of reported Inferred resource within the Kindersley Lithium Project area. GLC is the first company in the Province of Saskatchewan to be recognized by an independent third party for Measured mineral resource in a lithium from brine project. This current upgrade to M&I only involves 21% of the total sections comprising the KLP, yet the independent technical report upgrades 24% of the total Inferred mineral resource which speaks to the quality of the resource and the Company's vision to accumulate focused landholdings. This upgrade further confirms the overall 4.2 million tonnes of LCE across the KLP. This change to resource categories requires higher confidence levels in the resource estimation process that can typically result in an overall reduction in total volumes. This outcome supports confidence in original analysis and mapping, together with the quality of the resource. The Measured portion of the resource is 516,000 tonnes LCE or 586,000 tonnes lithium hydroxide monohydrate ("LHM"). A Measured Mineral Resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape, and physical characteristics are estimated with confidence sufficient to allow the application of Modifying Factors to support detailed mine planning and final evaluation of the economic viability of the deposit. The Indicated portion of the resource is 463,000 tonnes LCE or 526,000 tonnes LHM. An Indicated Mineral Resource is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with sufficient confidence to allow the application of Modifying Factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit. Ankündigung • Sep 27
Grounded Lithium Corp. announced that it has received CAD 0.76532 million in funding On September 25, 2023, Grounded Lithium Corp., closed the transaction. The company has issued units at a price of CAD 0.11 for the gross proceeds of CAD 765,320. Each unit includes one common share and one-half of one common share purchase warrant.
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 14 placees, 6 existing insiders for 2,136,816 units and 5 pro groups for 2,368,181 units. Ankündigung • Sep 08
Grounded Lithium Corp. announced that it expects to receive CAD 0.5 million in funding Grounded Lithium Corp. announced a non-brokered private placement of units for a minimum of CAD 500,000 on September 7, 2023. The units will consists of one class A common share and half share purchase warrant. Each whole Warrant may be exercised into a Common Share at a strike price of CAD 0.18 for up to 24 months. The common shares will be subject to a four-month hold period pursuant to securities regulations. The transaction is expected to close on or around September 20, 2023. The company has received commitments from certain insiders of CAD 250,000 for approximately 16% stake in the company. Ankündigung • Aug 12
Grounded Lithium Corp. Files Preliminary Economic Assessment Report for the Kindersley Lithium Project - Phase 1 Grounded Lithium Corp. announced the filing of preliminary economic assessment titled "NI 43-101 Technical Report: Preliminary Economic Assessment Kindersley Lithium Project - Phase 1 - dated August 9, 2023 and effective as of June 30, 2023 (the "PEA"), further to the news release dated July 26, 2023. The PEA addresses only the first phase of 11,000 tonnes per year of battery-grade lithium hydroxide monohydrate ("LHM") production from the Kindersley Lithium Project ("KLP"). The PEA independently assessed the economics of the KLP-Phase 1 based on a USD 25,000 realized sales price per tonne of LHM, the results of which include: After-tax net present value ("NPV") of USD 1.0 billion using an 8% discount rate and a capital investment of USD335 million, implying an after-tax profitability index ("PI") of nearly 4X. A PI of nearly 4X suggests a highly accretive project with torque to the upside if current spot prices for battery grade lithium material were modeled; After-tax internal rate of return ("IRR") of 48.5%; Economic resiliency under a range of key project variables such as price, capital intensity and operating costs. The PEA is based on the implementation of Koch Technologies Solutions' ("KTS") proprietary lithium extraction technology called Li-ProTM. The Company is working with officials from KTS as well as others within the larger Koch Industries group to develop a field pilot plan with associated commercial terms. The Company will communicate efforts in this regard as they become finalized. The PEA presents data provided by several leading experts in their respective fields, namely Sproule Associates Limited, Grey Owl Engineering, Codeco - Vanoco Engineering Inc., Tundra Engineering Inc. and Fracture Modeling Inc. Project Summary. The economic analysis of the PEA is based on the following main assumptions: realized sales price of USD 25,000 per tonne of LHM; annual production of 11,000 tonnes peryear of LHM; commerciality of KTS' Li-Pro™? lithium extraction technology; minimal pre-filtering expenditures due to the absence of hydrocarbons and H2S; large diameter wellbores to mitigate pressure loss due to friction and permit installation of large volume electrical submersible pumps; and estimated operating and capital costs for the project based on the most current industry data available inclusive of recent strong inflationary pressures on facilities and labour. The PEA is a preliminary cost estimate and includes inferred mineral resources that are considered too geologically speculative to have the economic considerations applied to them that would enable them to be categorized as mineral reserves under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Ankündigung • Jul 27
Grounded Lithium Announces Robust Investment Metrics in Preliminary Economic Assessment for the Kindersley Lithium Project Grounded Lithium Corp. announce the results of its preliminary economic assessment ("PEA") on the first phase 11,000 tonnes per year of battery-grade lithium hydroxide monohydrate ("LHM") production from the Kindersley Lithium Project ("KLP"). The company anticipates development of additional phases at the KLP motivated largely by the compelling commercial merits of the economics of the PEA. The economic analysis of the PEA is based on the following main assumptions: realized sales price of USD 25,000 per tonne of LHM; annual production of 11,000 tonnes per year of LHM; commerciality of KTS' Li-Pro™ lithium extraction technology; minimal prefiltering expenditures due to the absence of hydrocarbons and H2S; large diameter wellbores to mitigate pressure loss due to friction and permit installation of large volume electrical submersible pumps; and estimated operating and capital costs for the project based on the most current industry data available inclusive of recent strong inflationary pressures on facilities and labour. The PEA is based on the expected first phase of production at the KLP which is derived from the mineral resource estimate for the KLP set out in Company's NI 43-101 technical report titled, "NI 43-101 Technical Report: Resource Assessment of the Kindersley Lithium Project in Saskatchewan, Canada for Grounded Lithium Corp.(As of March 15, 2023)" (the "Technical Report") which is available on SEDAR at www.sedarplus.com. All values reported are in USD unless otherwise noted. The Company will file the PEA on SEDAR (www.sedarplus.com) within 45 days of this press release. The PEA presents data provided by several leading experts in their respective fields, namely Sproule Associates Limited, Grey Owl Engineering, Codeco - Vanoco Engineering Inc., Tundra Engineering Inc. and Fracture Modeling Inc. Given the operating conditions, the capital intensity for the KLP is forecasted to be materially lower than some of the other operations in the industry. Capital efficiency is vitally important in projects of this size and the leverage that accrues to project stakeholders due to industry leading capital efficiency ratios directly impact rates of return. These capital estimates will be further refined as the Company moves toward the pre-feasibility and bankable feasibility milestones. These estimates represent a Class 5 engineering cost estimate. Ankündigung • Feb 09
Grounded Lithium Announces Development Plan to Support Upcoming Preliminary Economic Assessment Grounded Lithium Corp. announces intended field development plan for first 10,000 metric ton/yr phase at the Kindersley Lithium Project ("KLP") located in Western Saskatchewan. The development plan relies on and considers such factors as production testing, extensive dynamic fluid modeling, present land configuration, land tenure, topography, best practices in reservoir development and infrastructure availability. This entire analysis will contribute to the completion of Preliminary Economic Assessment ("PEA") on phase one of the KLP expected to be completed during Second Quarter 2023. With an initial project size of 10,000 metric tons/yr of battery grade lithium salt, initial processing facility maintains a smaller footprint and is expected to be located near key infrastructure such as paved highways, key power sources and a number of operational services given proximity toKindersley, Saskatchewan. GLC's full development plan calls for multiple 10,000 metric tons/yr 'trains' or phases which minimizes a number of operational and financial risks, which ultimately is expected to drive incremental value for all stakeholders. 