New Risk • May 28
New major risk - Revenue and earnings growth Earnings have declined by 1.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Share price has been highly volatile over the past 3 months (35% average weekly change). Earnings have declined by 1.8% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$15.5m market cap, or US$11.2m). 공지 • May 19
Grid Battery Metals Inc., Annual General Meeting, Jul 09, 2025 Grid Battery Metals Inc., Annual General Meeting, Jul 09, 2025. Location: british columbia, coquitlam Canada 공지 • Mar 18
Grid Battery Metals Inc. (TSXV:CELL) completed the acquisition of 17 mineral claims in North Central British Columbia from AC/DC Battery Metals Inc. (TSXV:ACDC) CAD 0.25 million. Grid Battery Metals Inc. (TSXV:CELL) entered into a purchase and sale agreement to a acquire 17 Mineral Claims in North Central British Columbia from AC/DC Battery Metals Inc. (TSXV:ACDC) for CAD 0.25 million on August 26, 2024. To complete the transaction, Grid will make a cash payment of CAD 48,172.15 for reimbursement of staking costs and issue 5,000,000 shares of Grid to AC/DC Battery Metals upon TSX Venture Exchange approval of the Transaction. The transaction is subject to TSX Venture Exchange approval.
Grid Battery Metals Inc. (TSXV:CELL) completed the acquisition of 17 Mineral Claims in North Central British Columbia from AC/DC Battery Metals Inc. (TSXV:ACDC) on March 17, 2025. New Risk • Feb 24
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.7m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.65m market cap, or US$3.97m). 공지 • Jan 22
Grid Battery Metals Inc. Announces Results of Its Fall 2024 Reverse Circulation Drilling Program on the Company's Claim Block At Silver Peak, Clayton Valley, Esmeralda County, Nevada Grid Battery Metals Inc. announced the results of its fall 2024 reverse circulation drilling program on the Company's claim block at Silver Peak, Clayton Valley, Esmeralda County, Nevada. This strategic land package, covering approximately 2,300 acres (930 ha), directly adjoins the western portion of lithium producer Albemarle's evaporation ponds and is nearby Century Lithium Corp.'s proposed 5,430-acre Angel Island Lithium Mine, which recently released a Positive Feasibility Study detailing a 40-year mine life and an after-tax NPV8 of $3.01 billion. Drilling Image from the Clayton Valley Lithium Project. Grid Battery Metals Inc.'s 3028 Quadra Court. Coquitlam, BC, V3B 5X6. 604- 428-5690. Summary of the 2024 Fall Exploration Program at Clayton Valley. Grid Battery Metals completed a five-hole drill program in late October 2024, and assay results have since been returned. A total of 4735 feet were drilled to test for economic lithium clay and lithium brines with the Company landholdings located 1.2 miles northeast of Silver Peak, Nevada. The ingredients for lithium deposition including basin bounding faults, tuffaceous sediments, and geothermal waters are present on the Grid claims. Tuffaceous sediments (including sinter and travertine), and alluvial gravels with anomalous lithium were encountered in nearly every hole. Water temperatures were elevated in all holes with a peak temperature of 85@C in RCV-05. The presence of sinter and travertine in the holes suggests that hot-springs sediments covered a much broader area than the mapped exposures indicate. Water assays were collected in 500 ml plastic bottles every 20 feet and sent to ALS Global where they were weighed, filtered, acidified, and analyzed by ICP-AP. Cutting samples were collected every 5 feet and sent to Bureau Veritas in Reno for analysis. Samples were processed, weighed and air-dried. Drilled lithologies, particularly basalt, will help calibrate the seismic results. If the results indicate there is a lower package of sediments, then more lines to the south RCV-04 and possibly over holes drilled to the north could be conducted. Magnetotelluric results in conjunction of the seismic results can be reinterpreted. From this, a much better geologic model can be constructed to plan deeper drill holes". Mr. McMillin continues "There is a possibility of a deeper section of sediments below the basalt in the Goat Island Graben. Basalt could be an excellent aquitard for lithium brines." Assays. The average lithium content within all near surface clay zones intersected in the 2022 drilling program, applying a 1000 ppm cut-off, was 3254 ppm. Assays. The average Lithium content within all near surface clay zone intersected in the 2022 drilling programs, applying a 1000 ppm cut -off, was 3254 ppm". Assays. The average lithiumcontent within all near surface clay zones intersectioned in the 2022 drilling program. More recent results have shown higher grade lithium up to 8070 ppm on this property after initial drilling. The Company owns a 100% interest in 113 lithium lode and placer claims covering over 930 hectares in Clayton Valley. Clayton Valley is a down-dropped closed basin formed by the Miocene age Great Basin extension and is still active due to movement along the Walker Lane structural zone. As a result, the basin is still active due to movement across the basin. 공지 • Oct 28
Grid Battery Metals Inc. Completes Reverse Circulation Drilling Program on its Claim Block at Silver Peak, Clayton Valley, Esmeralda County, Nevada Grid Battery Metals Inc. announced that its reverse circulation drilling program has now been completed on the Company's claim block at Silver Peak, Clayton Valley, Esmeralda County, Nevada. This strategic land package, covering approximately 2,300 acres (930 ha), directly adjoins the western portion of lithium producer Albemarle's evaporation ponds and is nearby Century Lithium Corp.'s proposed 5,430-acre Angel Island Lithium Mine, which recently released a Positive Feasibility Study detailing a 40-year mine life and an after-tax NPV8 of $3.01 billion. 공지 • Sep 26
Grid Battery Metals Inc. Provides Metals Drilling Update on Its Clayton Valley Lithium Project Grid Battery Metals Inc. announced that a reverse circulation drilling program is well under way on the Company's claim block at Silver Peak, Clayton Valley, Esmeralda County, Nevada. This strategic land package, covering approximately 2,300 acres (930 ha), directly adjoins the western portion of lithium producer Albemarle's evaporation ponds and is nearby Century Lithium Corp.'s proposed 5,430-acre Angel Island Lithium Mine. The Company has completed the drilling of its first hole to a depth of over 870 feet, with the remaining drill holes proposed to a maximum depth of 1500 feet. Planned Drill Locations (Clayton Valley Lithium Project): The Company also announces that further to its news release dated August 16, 2024, the Company has revised its Marketing Contract with i2i Marketing Group, LLC ("i2i") and the payments will now be as follows: Upon Exchange Approval the Company will pay i2i an initial payment of USD 150,000 (the "Initial Media Budget"); On the 1st day of October, November and December, 2024, the Company will pay equal payments to i2i of $150,000 USD for an initial term of four months; and On the 1st day of January, 2025 and February, 2025 the Company will pay equal payments to i2i of $300,000 for a secondary term of four months (the "Secondary Term"). All other terms of the revised agreement remain the same. New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (22% average weekly change). Market cap is less than US$10m (CA$10.4m market cap, or US$7.61m). Minor Risk Shareholders have been diluted in the past year (5.0% increase in shares outstanding). 공지 • Sep 12
Grid Battery Metals Begins Drilling the Clayton Valley Lithium Project Grid Battery Metals Inc. announced that a reverse circulation drilling program is commencing on the Company's claim block at Silver Peak, Clayton Valley, Esmeralda County, Nevada. This strategic land package, covering approximately 2,300 acres (930 ha), directly adjoins the western portion of lithium producer Albemarle's evaporation ponds and is nearby Century Lithium Corp.'s proposed 5,430-acre Angel Island Lithium Mine. The Company plans to drill several exploration holes to maximum depths of 1500 ft. in several strategic locations on the property during the month of September. Proposed Drill Locations (Clayton Valley Lithium Project) About Rangefront Geological: Elko Nevada-based Rangefront Geological has combined in-depth expertise with cutting-edge technology to provide mining consulting services, contract labor, field crew services,and vehicular support to the mining industry. With services available across North America, Rangefront works closely with its clients to provide high-quality mineral exploration services. Board Change • Aug 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Ali Alizadeh was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공지 • Jul 10
Grid Battery Metals Inc. announced that it has received CAD 2 million in funding On July 9, 2024, Grid Battery Metals Inc., closed the transaction. All securities issued in connection with the private placement are subject to a four-month and a day hold period expiring on November 4, 2024. The closing is subject to TSX Venture Exchange (“Exchange”) approval. All securities issued in connection with the private placement are subject to a four-month and a day hold period expiring on November 4, 2024. Insiders purchased a total of 3,000,000 units under the private placement. 공지 • Jun 21
Grid Battery Metals Inc. Completes Phase 2 of Its 2024 Clayton Valley Project 2024 Exploration Plan Grid Battery Metals Inc. announced the conclusion of a second phase of soil samples and the construction of a geologic model incorporating mapped geology, magnetotelluric (MT) geophysics, and soil geochemistry. Grid's exploration team has determined that a multilayered approach to drill targets would improve the chances of intercepting lithium bearing brines. The initial soil sample program was completed in March 2024 and consisted of 166 samples on a 250 x 250 meter grid. The results of this program show a sizeable cluster of +300 ppm samples at the south end of the claims, and a generally northeast trending cluster of 100-300 ppm samples that extend to the north-central portion of the claims. A second infill phase was completed in early May 2024 over a 125 x 125 meter grid and consists of 286 samples. The objective of the infill sampling is to refine grade breaks identified in phase 1 to better focus drill targeting. Assay results are pending. To better understand the underlying structure of the Clayton Valley claims, 2024 MT data, and publicly available geologic maps and DEM data were incorporated into a Leapfrog model by Mr. Ben Hinkley of Rangefront Mining Services. The geologic mapping used is from a 2008 summary report of a geothermal exploration program in Clayton Valley in 2007 (Hulen, 2008). Both mapped and inferred faults were used to create fault blocks. Both mapped and inferred faults were use to create fault blocks. The geologic map used, and the Grid land shape both draped on a topographic DEM. All soil assays will be contoured as a horizontal surface and will then be draped on topography in Leapfrog. The expectation is that the soil contours and MT contours will enable the best placement of drillholes that are driven by structure, geophysics, and geochemistry. 공지 • May 31
Grid Battery Metals Exploration Completes Phase 1 of Its 2024 Exploration Plan on the Clayton Valley Lithium Project Grid Battery Metals Inc. announced that it has completed the first phase of its spring/summer exploration program at its Clayton Valley Lithium Property near Silver Peak, Nevada, which includes a detailed infill soil sampling program and a previously announced MT geophysical survey. At the Clayton Valley Lithium Project, the Company contracted the services of Rangefront Geological ("Rangefront") to perform both a detailed infill soil sampling of the southern section of the claim block and to oversee a Magnetotelluric ("MT") geophysical survey to obtain information about subsurface resistivity and geology performed by KLM Geoscience LLC ("KLM") over the entire property. The infill soil sampling exploration work has now been completed and samples have been transported to the assay lab pending results. Together these geological techniques should help predict geological structure and possible locations for lithium accumulation. This is part of a methodical and systematic approach to high quality mineral exploration for this highly sought after metal in Nevada and will assist the Company in determining next steps for the overall exploration plan, including but not limited to a subsequent drilling program. This current work associated with the first phase of the 2024 exploration plan compliments prior exploration work on the Clayton Valley Lithium Project which includes a soil sampling program over the entire property and an initial prior drilling program consisting of three reverse circulation holes totaling 356 meters (1155 feet). The holes were intended to test the presence of lithium bearing clay members of the lakebed sediments. Drillhole RCV-01, drilled to a depth of 130m (425 feet), was designed to twin a geothermal gradient hole drilled by a previous explorer. Results of this hole correlated with the log of the previous hole including intervals of volcanic ash and dark green clay. Hole RCV-02, located approximately 1260 meters north of RCV-01 was drilled to a depth of 135.6m (445 ft) and penetrated a section consisting primarily of rhyolitic volcanic ash and interbedded sediments. It penetrated a 4.5-meter section of dark green clay before entering the metamorphic alluvium. Poor drilling conditions and high-water flows ended the hole before reaching the target depth but after successfully evaluating the lake sediment section. Hole RCV-03, located 3,890m (12,762 ft) north from Hole RCV-01, was designed to look for a perched section of volcanoclastic sediments beneath an alluvial fan. Previous water well logs indicated a layer of clay, ash, and silt beneath the alluvium and above the bedrock. Apparently, this hole was located too close to the pediment and encountered metamorphosed dolomite at a depth of 56 meters (185 feet) and about the projected elevation of the sedimentary section. The hole lost circulation in an apparent karst horizon at 68.5 meters (225 feet) and was terminated at 79.2 meters (260 ft) without regaining sample return. 공지 • Apr 11
Grid Battery Metals Inc. announced that it expects to receive CAD 2 million in funding Grid Battery Metals Inc announced private placement up to 40,000,000 units at CAD 0.05 per unit for a gross proceeds CAD 2,000,000 on April 10, 2024. Each unit is comprised of one common share and one share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share at an exercise price CAD 0.06 for a period of five years from closing. The Company has received conditional Exchange approval. 공지 • Mar 29
Grid Battery Exploration Team Begins Work on Its Clayton Valley Lithium Project Grid Battery Metals Inc. announce that 2024 Exploration Program has officially started on its Clayton Valley Lithium Project. The 2024 Exploration Program will begin with a Magnetotelluric (MT) geophysics survey performed by the KLM Geoscience ("KLM") as overseen by Grid's Qualified Professional, Mr. Steven McMillin P.G. At the Grid Clayton Valley Lithium Project, MT Systems will be deployed using 100m inline and 100m crossline electric field dipoles, at a station spacing of 250m and line spacings of 500m. A total of 85 station sites are planned for the survey. A pair of horizontal (x,y) magnetic field sensors, oriented parallel to the electric field dipoles will be deployed at every other site and MT sites will record overnight for a minimum of 14-16 hours. The geophysical survey plan is to deploy a minimum of five (5) MT sites per day, using a six (6) person crew. The MT survey is a preferred method for identifying strata that may contain lithium brine (evidenced by low resistivity), structures that potentially focus brine, and basin floor geometry. The follow-on soil sampling program will identify where subsurface brine may have reached the surface. The combination of MT and geochemistry will assist the Company in determining the next steps for its 2024 exploration including the planning of a first phase drill program. 공지 • Mar 13
Grid Battery Metals Inc. to Begin the 2024 Exploration Program on Its Clayton Valley Lithium Project Grid Battery Metals Inc. announced that it will immediately begin the 2024 Exploration Program on its Clayton Valley Lithium Project. The planned exploration program is identified in the NI 43-101 Technical Report completed by Mr. Steven McMillin P.G. filed on SEDAR+ and viewed on the Company's website at Clayton Valley Technical Report. Furthermore, the Company has selected Rangefront Geological ("Rangefront") to perform both a detailed soil sampling on a 250 m X 250 m spacing and to oversee a CSAMT geophysical survey performed by KLM Geoscience. The CSAMT survey is a preferred method for identifying strata that may contain lithium brine (evidenced by low resistivity), and structures that potentially focus brine. The soil sampling will identify where subsurface brine may have reached the surface. The combination of CSAMT and geochemistry will assist the Company in determining the next steps for its 2024 exploration including the planning of a first phase drill program. For over a decade, Rangefront has combined in-depth expertise with cutting-edge technology to provide mining consulting services, contract labor, field crew services, and vehicular support to the mining industry. With services available across North America, Rangefront will work closely with Grid to provide high-quality soil sampling and mineral exploration program tailored to the Clayton Valley Lithium project. 공지 • Feb 10
Grid Battery Metals Inc., Annual General Meeting, Apr 09, 2024 Grid Battery Metals Inc., Annual General Meeting, Apr 09, 2024. 공지 • Feb 02
Grid Battery Metals Exploration Team on Site At the Clayton Valley Nevada Lithium Project Grid Battery Metals Inc. announced that its exploration team has just visited the Clayton Valley Lithium Property in Esmeralda County, Nevada. This lithium project is located in Clayton Valley, Nevada adjacent to the village of Silver Peak, Nevada, about 48 km (29 miles) southwest of Tonopah, Nevada, and 273 kilometers (170 miles) southeast of Reno, Nevada. At the Clayton Valley Lithium Project, the Company contracted the services of Rangefront Geological ("Rangefront") to perform an updated and revised NI #43-101 Technical Report prior to the 2024 mineral exploration season. The Company proposes to use the results of this Technical Report and prior soil samples, geophysical surveys and drilling on the property, to help identify structure and target areas favorable to lithium accumulation and determine next steps for its overall exploration plan. This may include, but is not limited to, a subsequent drilling program on the property. Mr. Steven McMillin P.G., Qualified Person and Field Operations Manager at Rangefront has recently visited the property. Elko Nevada-based Rangefront Geological has combined in-depth expertise with cutting-edge technology to provide mining consulting services, contract labor, field crew services, and vehicular support to the mining industry. With services available across North America, Rangefront works closely with its clients to provide high-quality mineral exploration services. New Risk • Jan 23
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.2m (US$9.78m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (420% accrual ratio). Shareholders have been substantially diluted in the past year (160% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.2m market cap, or US$9.78m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). 공지 • Jan 10
Grid Battery Metals Inc. Announces the Fourth Phase of the Nickel Exploration Program in British Columbia Grid Battery Metals Inc. announced that the National Instrument 43-101 Technical Report for the Nickel Project, dated December 4, 2023, in the Takla Lake Area, BC and prepared by Jeremy Hanson, P.Geo. (the "Technical Report") has been filed on SEDAR+ and can be obtained on the Company's website at gridbatterymetals.com/nickel-project. As a recap, the third phase of BC Nickel exploration program was completed in 2023 and included a detailed sampling, trenching and initial drilling program. The proposed exploration budget of approximately CAD 200,000 follows a recommendation contained within the Technical Report. Within this exploration plan, funds have been allocated for exploration work that includes field work on all three claim blocks targeting historic results, vectoring towards elevated DTR Ni, and sampling and mapping of untested magnetic anomalies. Grid's wholly-owned subsidiary, AC/DC Battery Metals Inc. ("AC/DC"), will carry out the proposed fourth phase exploration plans in 2024. This exploration program will take place following Grid's proposed subsidiary Spin-out plan originally announced on September 28, 2023. As part of the proposed Grid Spin-out plan, current Grid shareholders will receive a common share dividend in AC/DC shares representing a proportionate value in this new public company. This overall transaction is proposed to give shareholders a bonus - a share in another public company for no additional cost. In order to fund its operations going forward, AC/DC also plans to complete a private placement financing as part of the overall transaction. After a review by Company management, this exploration contract work has been awarded to Hardline Exploration Corp., an experienced contract mineral exploration company. Hardline, headquartered in Smithers, BC. Founded in 2014. Hardline specializes in executing programs on complex exploration projects to generate new discoveries and have a proven track record of successful projects incorporating highly skilled geologists and team members with vast experience across Canada on a variety of deposit types. 공지 • Dec 16
Grid Battery Metals Inc. Announces Soil Sample Results at the Texas Springs Nevada Lithium Project Showing Average Lithium Grades of 2010 ppm Grid Battery Metals Inc. announced the completed soil sample results from the first phase of its fall exploration program at its Texas Springs Property near Elko Nevada. The Texas Springs Lithium Property adjoins the southern border of the Nevada North Lithium Project - owned by Surge Battery Metals Inc. ("Surge"). Surge's first round of drilling identified strongly mineralized lithium bearing clays. The average lithium content within all near surface clay zones intersected in the 2022 drilling program, applying a 1000 ppm cut-off, was 3254 ppm. On September 12, 2023, Surge announced some results of its most recent drilling program at this property, and recorded its highest grades to date, with up to 8070 ppm Lithium on the Northern Nevada Lithium project. These results were followed up on December 5, 2023 with a subsequent drill program yielding core drilling intercepts with assays over 7,630 ppm and multiple horizons upon deeper drilling performed. Soil Sample Summary Results (Phase 1 Exploration Plan): Highlights: High grade zone in the north of > 1000ppm at lengths of 850 m x 475 m and a second high grade zone to the south of with lengths of 200 x 175 m. Clear high grade lithium zone in the northern portion of the project area is on trend with the high-grade soil samples collected in the Surge property to the north. There are 6 soil samples with Li grades over 3,000 ppm. A total of 810 samples were collected with values ranging from 10ppm to 5610 ppm. 40 samples had grades >= 1000 ppm. Using a 1000 ppm cutoff there was an average of 2010 ppm. Duplicate samples were taken approximately 1 in every 20 and showed excellent correlation with the originals with an r2 value of 0.9963 and a difference in average values of 2%. Standards were also inserted approximately 1 in 20 and showed an average variation of 7% with a range of 40ppm. GPS units with the sample locations loaded were used by the field crew to locate the sample location, and tracks GPS are taken to locate the actual location of the soil sample. Samples were taken from the b horizon and composited and sieved over a depth of 10 to 12 inches, which is standard sampling methodology for soils. Samples were transported and secured by Rangefront from the site and then were transported directly to ALS labs in Elko by Rangefront. The samples were dried and sieved to 180 microns (80 mesh) and assayed using 36 element ME-ICP41 aqua regia analysis. 공지 • Dec 09
Grid Battery Metals Inc. Announces the Geophysics Results from Phase 1 of its Exploration Plan at the Texas Springs Nevada Lithium Project Grid Battery Metals Inc. announced the completed geophysics results from the first phase of its fall exploration program at its Texas Springs Property near Elko Nevada. Texas Spring Nevada Lithium Property. Phase 1 Exploration Program Recap. At the Texas Springs Lithium Project, the Company contracted the services of Rangefront Geological ("Rangefront") to perform both a detailed soil sampling on a 50 m X 100 m spacing and to oversee a CSAMT geophysical survey performed by KLM Geoscience. The CSAMT survey is a method for obtaining information about subsurface resistivity and geology, which can help predict geological structure and interfaces of potentially lithium bearing geologic units, while the detailed surface sampling will allow to determine lithium values at surface. Grid Battery Metals Inc. 3028 Quadra Court. Coquitlam, BC, V3B 5X6. 604- 428-5690. Together these geological techniques should help predict geological structure and possible locations of historic lithium accumulation. This is part of a methodical and systematic approach to high quality mineral exploration for this highly sought after metal in Nevada and will assist the Company in determining next steps for the overall exploration plan, including but not limited to a subsequent drilling program. Soil Sample Grid Completed. CSAMT Geophysical Survey Results. While the results from the associated soil sampling program are expected next week once geological team completes their review of the data, the results from the CSAMT geophysical survey are as follows: Mr. Seth Cude, P.G., Grid's Qualified Person comments on the results of the program. The CSAMT survey shows several near horizontal to gently dipping subsurface horizons which may have served as paleo accumulation basins, collecting lithium bearing clays.Tieng these subsurface structures to the surface soil analysis will provide excellent drilling targets. Geophysical surveys and soil sampling is part of a methodical & systematic approach to high quality mineral Exploration for claystone lithium deposits in Nevada and will allow to select drill targets for subsequent exploration programs in the future. Of note, the Texas Springs Lithium Property adjoins the southern border of the Nevada North Lithium Project - owned by Surge Battery Metals Inc. ("Surge"). Surge's first round of drilling identified strongly mineralized lithium bearing clays. The average lithium content within all near surface clay zones intersected in the 2022 drilling program, applying a 1,000 ppm cut-off, was 3254 ppm. On September 12, 2023, Surge announced some results of its most recent drilling program at this property, and recorded its highest grades to date, with up to 8,070 ppm Lithium on the Northern Nevada Lithium project. These results were followed up on December 5, 2023 with a subsequent drill program yielding core drilling intercepts with assays over 7,630 ppm and multiple horizons upon deeper drilling performed. Elko Nevada-based Rangefront Geological has combined in-depth expertise with cutting-edge technology to provide mining consulting services, contract labor, field crew services, and vehicular support to the mining industry. With services available across North America, Rangefront works closely with its clients to provide high-quality mineral exploration services. Qualified Person. Mr. Seth Cude, p.G. is a Qualified Person as defined by National Instrument 43-101 and has approved the technical information contained within this news release. New Risk • Oct 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.1m (US$9.56m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 44% per year over the past 5 years. Shareholders have been substantially diluted in the past year (159% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$13.1m market cap, or US$9.56m). 공지 • Sep 22
Grid Battery Metals Inc. announced that it has received CAD 0.48 million in funding Grid Battery Metals Inc. announced a non-brokered private placement financing to issue 4,000,000 units at a price of CAD 0.12 per unit for gross proceeds of CAD 480,000 on September 21, 2022. Each unit comprises one common share and one share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the company at an exercise price of CAD 0.155 cents per share for a period of five years from closing, subject to TSX Venture Exchange approval. The company also paid finder fees in the amount of 400,000 shares in connection with the private placement. The finder fees are subject to exchange approval. All securities issued in connection with the private placement are subject to a four-month-and-a-day hold period expiring on January 22, 2024, in accordance with applicable Canadian securities laws. 공지 • Sep 21
Grid Battery Metals Inc. Completes Phase 1 of Its Exploration Plan at the Texas Springs Nevada Lithium Project Grid Battery Metals Inc. announced that it has completed the first phase of its summer /fall exploration program at its Texas Springs Property near Elko Nevada. At the Texas Springs Lithium Project, the Company contracted the services of Rangefront Geological ("Rangefront")to perform both a detailed soil sampling on a 50 m X 100 m spacing and to oversee a CSAMT geophysical survey to obtain information about subsurface resistivity and geology. Together these geological techniques should help predict geological structure and possible locations for lithium accumulation. This is part of a methodical and systematic approach to high quality mineral exploration for this highly sought after metal in Nevada and will assist the Company in determining next steps for the overall exploration plan, including but not limited to a subsequent drilling program. 공지 • Sep 08
Grid Battery Metals Inc. Contracts the Services of Rangefront Geological Grid Battery Metals Inc. announced that it has contracted the services of Rangefront Geological to perform a detailed soil sampling on a 50 m X 100 m spacing on the Texas Spring Lithium Property planned to begin in early September. For over a decade, Rangefront has combined in-depth expertise with cutting-edge technology to provide mining consulting services, contract labor, field crew services,and vehicular support to the mining industry. With services available across North America, Rangefront will work closely with Grid to provide high-quality soil sampling and mineral exploration program tailored to the Texas Spring Lithium project. Rangefront has quite a bit of experience in the immediate area, having recently completed soil sampling and mineral exploration work on the adjacent Nevada North Lithium Project owned by Surge Battery Metals. This soil sampling program will take place in early September 2023 and Rangefront will continue to do additional sampling on Volt Canyon Lithium property in early October 2023. This is part of a methodical and systematic approach to high quality mineral exploration for this highly sought after metal in Nevada. This soil sampling together with planned geophysics and geochemistry on Nevada properties, will allow to select drill targets for subsequent exploration programs in the future. 공지 • Jul 14
Grid Battery Metals Inc. (TSXV:CELL) completed the acquisition of Texas Springs Property in Nevada from Springfield Land Limited Liability. Grid Battery Metals Inc. (TSXV:CELL) entered into a Purchase and Sale Agreement to acquire Texas Springs Property in Nevada from Springfield Land Limited Liability for $0.39 million on June 23, 2023. Grid Battery Metals will issue 8 million fully paid and non-assessable common shares. The transaction is subject to TSX Venture Exchange approval.
Grid Battery Metals Inc. (TSXV:CELL) completed the acquisition of Texas Springs Property in Nevada from Springfield Land Limited Liability on July 13, 2023. 공지 • Jun 27
Grid Battery Metals Inc. (TSXV:CELL) entered into a Purchase and Sale Agreement to acquire Texas Springs Property in Nevada from Springfield Land Limited Liability for $0.39 million. Grid Battery Metals Inc. (TSXV:CELL) entered into a Purchase and Sale Agreement to acquire Texas Springs Property in Nevada from Springfield Land Limited Liability for $0.39 million on June 23, 2023. Grid Battery Metals will issue 8 million fully paid and non-assessable common shares. The transaction is subject to TSX Venture Exchange approval. 공지 • Jun 23
Grid Battery Metals Inc. announced that it has received CAD 3 million in funding Grid Battery Metals Inc. announces that it has closed a non-brokered private placement financing offering of 60,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 3,000,000 on June 22, 2023. Each unit is comprised of one common share and one share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the company at an exercise price of CAD 0.055 per share for a period of five years from closing, subject to TSX Venture Exchange approval. As a part of transaction, the company also paid finder fees in the amount of CAD 191,950 cash, 1,710,000 shares and 702,000 warrants in connection with the private placement. The finder fees are subject to exchange approval. All securities issued in connection with the private placement will be subject to a four-month and a day hold period expiring on October 23, 2023 in accordance with applicable Canadian Securities Laws. Insiders of the company purchased a total of 1,000,000 units under the private placement. Board Change • Jun 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Director Robert Setter was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공지 • Jun 15
Surge Battery Metals Inc. (TSXV:NILI) completed the acquisition of Surge Nickel Project from Grid Battery Metals Inc. (TSXV:CELL). Surge Battery Metals Inc. (TSXV:NILI) entered into an agreement to acquire Surge Nickel Project from Grid Battery Metals Inc. (TSXV:CELL) on March 31, 2023. Consideration will be paid as 1 million common shares of Surge to Grid. Surge Battery Metals Inc. (TSXV:NILI) completed the acquisition of Surge Nickel Project from Grid Battery Metals Inc. (TSXV:CELL) on June 14, 2023. 공지 • Dec 24
Nickel Rock Resources Inc. Announces the Appointment of Mr. Robert Guanzon as the New Chief Financial Officer Nickel Rock Resources Inc. announces the appointment of Mr. Robert Guanzon as the new Chief Financial Officer to replace Mr. Konstantin Lichtenwald. Mr. Guanzon serves as Chief Financial Officer of several junior resource companies listed on the TSXV. Mr. Guanzon holds a Bachelor of Science degree in Accounting and brings extensive experience in dealing with financial and accounting matters as well corporate strategy. The Company would like to thank Mr. Lichtenwald for his contributions to the Company. 공지 • Jul 15
Nickel Rock Resources Inc. Provides Narrative on Recent Option Agreement Nickel Rock Resources Inc. announced Option to Joint Venture Transaction with Surge Battery Metals Inc. on two of its four nickel claim groups in Northern British Columbia. Nickel Rock's exploration stage Nickel Project consists of four non-contiguous mineral claims groups held by the Company through three separate agreements. The Company plans for its 2021 Work Program are unaffected by the proposed Transaction. The proposed work program consists of trenching, surface exploration, diamond drilling, camp construction, and exploration activities to support drilling and trenching such as soil sampling, rock sampling, prospecting, and geological mapping. The company proposes a 12-man camp to be built in a cirque on the north slope of the un-named mountain west of and adjacent to Mount Sydney Williams, and will be built next to a sub-alpine lake at the headwaters of Van Decar Creek. The location of camp was selected based on past exploration camps at this location and is suitable for supporting exploration. Camp will be used to accommodate field personnel and will be accessed with helicopter. The Company estimates that this proposed work program will include CAD$600,000 in exploration expenditures spent over the summer - fall of 2021 which will fulfill the Company's flow-through mining exploration commitments for the 2021 calendar year. The Mount Sidney Williams area Hard Nickel Claim Group consists of seventeen claims in three non- contiguous groups with a total area of 10,569 hectares, both adjoining and near the Decar project of FPX Nickel Corp., located 100 kilometres northwest of Fort St. James, B.C. Metallic mineralization includes nickel, cobalt, and chromium. At least some of the nickel mineralization occurs as awaruite. The Mitchell Range area Nickel 100 Claim Group consists of five contiguous claims covering 8,659 hectares with demonstrated metallic mineralization including nickel, cobalt, and chromium. Nickel and cobalt mineralization have not been well explored, but the presence of awaruite has been documented. The Transaction with Surge Battery Metals Inc. includes one of the three Hard Nickel Claim Groups, covering 1863 hectares immediately south of and adjacent to the Decar Project groups in the Mount Sidney Williams area, and entire Nickel 100 Claim Group, covering 8659 hectares in the Mitchell Range area. All six claims included in the transaction are held 100% by Nickel Rock, and three of the
claims are subject to 2% NSR, including the Hard Nickel 4 claim and the two southernmost claims of the Nickel 100 Claim Group. On October 15, 2020 the Company entered into an option agreement to earn an undivided 100% interest in the Klone group of mineral claims (1,400 ha) adjoining the property of FPX Nickel Corp. (TSXV:FPX) located 100km northwest of Fort St. James BC in the Omineca Mining division. On February 1, 2021 and February 22, 2021, the Company entered into an option agreement to earn an undivided 100% interest, subject to a 2% NSR in 6 mineral claims located approximately 15 km west of Mt Sydney Williams near Fort St James, BC. Additionally, the Company located two adjoining claims by title selection. 공지 • May 07
Nickel Rock Announces Clayton Valley Lithium Project Exploration Program Results Nickel Rock Resources Inc. announced the analytical results of an initial exploratory drilling program on their Clayton Valley Lithium Project, Esmeralda County, Nevada, USA. This strategic land package, covering approximately 2,300 acres (930 ha), directly adjoins a western portion of lithium producer Albemarle's evaporation ponds and is nearby Cyprus Development Corp.'s 5,430-acre Clayton Valley Lithium Clay Project. The exploration program consisted of three reverse circulation holes totaling 356 metres (1155 feet). The holes were intended to test the presence of lithium bearing clay members of the lakebed sediments. Drillhole RCV-01, drilled to a depth of 130 metres (425 feet), designed to twin a geothermal gradient hole drilled by a previous explorer. Results of this hole correlated with the log of the previous hole including intervals of volcanic ash and dark green clay. The hole ended in alluvial gravel made up of metamorphic rocks shed from the Silver Peak Range. The hole did not reach the planned depth of 183 metres due to poor ground conditions but did assess the lake sediment target section. Assay results from this hole showed mixed results with only the top 6 meters (20 feet) of the hole returning more than 75 ppm Li. The average grade of the interval 0-6.1 metres was 309 ppm Li. Two water samples were collected from the borehole at 99 meters (325 feet) and 129 metres (425 feet) ran 31.4 and 41.0 mg/L Li, respectively. Hole RCV-02 was drilled about 1260 meters north of RCV-01. RCV-02 was drilled to a depth of 136 metres (445 ft) and penetrated a section consisting primarily of rhyolitic volcanic ash and interbedded sediments. RCV-02 penetrated a 4.5 metre section of dark green clay from 105.1 to 109.7 metres (345-360 ft) before entering the metamorphic alluvium. Poor drilling conditions and high-water flows ended the hole before reaching the target depth but after successfully evaluating the lake sediment section. Analytical results from this hole fared better than the RCV-01 with the interval 0 - 36.6 metres (0-120 feet) averaging 196 ppm Li. Within this interval, and from 18.3 to 25.9 metres (60 - 85 feet) an elevated Li zone was intersected averaging 279 ppm Li with the single best interval in this hole being 332 ppm between 18.3 and 19.8 m (60 - 65 feet). Water samples at 74.6 metres (245 feet), 105.1 metres (345 feet), and 137 metres (450 feet) ran 20.5, 21.0, and 32.8 mg/L Li, respectively. Hole RCV-03 was designed to look for a perched section of volcanoclastic sediments beneath an alluvial fan. Previous water well logs indicated a layer of clay, ash, and silt beneath the alluvium and above the bedrock. While drilling, this hole encountered metamorphosed dolomite at a depth of 56 metres (185 feet) about the projected elevation of the sedimentary section. The hole lost circulation in an apparent karst horizon at 65.5 metres (215 feet) and was terminated at 79.2 metres (260 ft) without regaining sample return. Since the target sediments were not encountered, this hole was not assayed. Drill chip samples were partially dried at the drill sites for two days in the case of RCV-01 and overnight in the case of RCV-02 before being picked up by a driver for Paragon Geochemical. The samples were transported to the Paragon laboratory on April 2 where they were dried, crushed, and pulverized. Analysis was by ICP- Mass Spectrometry following an aqua regia leach using a 0.5 gram sample aliquot. Envelopes of standard material obtained from Minerals Exploration Geochemistry of Lamoille, Nevada were inserted into the sample stream at roughly 30.5 metres (100 foot) intervals. The eight standard samples returned lithium values ranging from 482 to 599 ppm Li with an average of 557 ppm Li. The analytical variability of about 20% is a bit high and is possible the small aliquot size and aqua regia leach may have played a role in this. However, the values are acceptable for an early stage program. Other elements showed a similar range of values while others were within much tighter limits. Water samples were collected by the project geologist and delivered to the ALS Global sample preparation lab in Elko, Nevada April 5. Samples were filtered and analyzed by a combination of ICP-MS and ICP-OES methods by ALS Global. Standards were not inserted into the sample stream. A sample of drill make up water taken from the Silver Peak municipal well was used as a background sample; it ran 70 micro grams per liter (70 parts per billion). 공지 • Apr 27
Nickel Rock Resources Inc. Awards Contract for 2021 Exploration and Drilling Program on the Nickel Project Next to the Decar Project of FPX Nickel Corp Nickel Rock Resources Inc. announced that an exploration program with a budget proposal totaling $600,000 has been awarded to Hardline Exploration. Hardline, headquartered in Smithers, BC, was founded in 2014, and is a local consulting firm for the Golden Triangle and western Canada. Hardline work directly with local contractors and First Nations to ensure their projects receives the most efficient & dedicated exploration services available. They specialize in executing programs on complex exploration projects to generate new discoveries and have a proven track record of successful projects incorporating highly skilled geologists and team members with vast experience across Canada on a variety of deposit types. Please refer to the Technical Report for The Nickel Project, dated January 21, 2021, prepared by Jacques Houle, P. Eng. and Jeremy Hanson, P.Geo. Recent Insider Transactions • Mar 28
Corporate Secretary recently sold CA$57k worth of stock On the 25th of March, Tina Whyte sold around 200k shares on-market at roughly CA$0.28 per share. In the last 3 months, they made an even bigger sale worth CA$263k. Insiders have been net sellers, collectively disposing of CA$386k more than they bought in the last 12 months. Executive Departure • Mar 23
Chief Financial Officer has left the company On the 19th of March, Tak Tso's tenure as Chief Financial Officer ended after 2.1 years in the role. We don't have any record of a personal shareholding under Tak's name. A total of 4 executives have left over the last 12 months. 공지 • Mar 21
Nickel Rock Resources Inc. Announces Executive Changes Nickel Rock Resources Inc. announced that Konstantin Lichtenwald has been appointed as Chief Financial Officer in place of Tak Tsan (Simon) Tso, effective March 19, 2021. Mr. Lichtenwald specializes in providing corporate finance, valuation, taxation, financial reporting, consulting and other accounting services to both small businesses as well as public commodity resource companies. He also assists in many aspects of clients' administration, financing and other activities. Mr. Lichtenwald also worked at Ernst & Young GmbH, Germany, in the assurance department. 공지 • Mar 19
Nickel Rock Resources Inc. Announces Commencement of Reverse Circulation Drilling at Silver Peak, Clayton Valley, Esmeralda County, Nevada Nickel Rock Resources Inc. (‘the Company’) announced that reverse circulation drilling will commence by weeks end on the Company's recently expanded claim block at Silver Peak, Clayton Valley, Esmeralda County, Nevada. This strategic land package, covering approximately 2,300 acres (930 ha), directly adjoins a western portion of lithium producer Albemarle's evaporation ponds and is nearby Cyprus Development Corp.'s 5,430-acre Clayton Valley Lithium Clay Project. Potential lithium bearing clay and brine deposits, within lake sediments and ash beds, were previously reported in rough drillers logs of historic geothermal exploration wells on file with the Nevada State Engineers office (permit #66034A). Well, GPXM2 (1994) reported ‘green to olive green siltstone, mudstone and clay’ over a thickness of 510 ft (155.4m) from 130 ft (39.6m) to 640 ft (195m). In January of 2006, Western Geothermal partners drilled hole WGP#2 to a depth of 405 feet (123m) in the Goat Island graben. According to their reports, this hole cut interbedded zones of gravel, silt, and hot spring apron material. More importantly, ‘from 280ft (85.3m) to 305 ft (93m) fine grained green sand and silt logged as volcanic ash was encountered. This unit may be correlative to the Main Ash Aquifer, which is a marker bed in other areas of the Clayton Valley Basin’. The Nickel Rock land package is also nearby the lithium clay properties owned by Cypress Development Corp. referred to as the ‘Cypress Clayton Valley Lithium Clay Project’ which is immediately east of the Albemarle Silver Peak Mine. Exploration and development by Cypress has discovered a large world-class resource of lithium-bearing claystone adjacent to the east of Albemarle's brine field. Here, lithium mineralization occurs within montmorillonite clays throughout the sediments to a depth of at least 150 meters and metallurgical testing indicates low-cost processing can be achieved by leaching with low acid consumption (125 kg/t) and high lithium recovery over 85% Li. These high extractions prove the dominant lithium-bearing minerals present are not hectorite, a refractory clay mineral which requires roasting and/or high acid consumption to liberate the lithium. On February 9, 2021, Cypress Development Corp. announced an upsized bought deal offering of CAD 17,000,000 which shows the significant interest in this property and the lithium clay deposit. Albemarle recently announced on January 7, 2021 that it will commence exploration for clay and evaluate technology that could accelerate the viability of lithium production from clay resources in the region. It has been widely reported that Albemarle is planning to double its lithium production by 2025 in Nevada at the Silver Peak mine by committing between USD 30 million and USD 50 million in additional investment on the property. Nickel Rock claims cover various geothermal features like tufa (hot spring limestone carbonate formations) and sinters (sedimentary rock formations primarily composed of silica precipitated from hot waters) representing locations of upwelling hydrothermal fluids that may play a role in the formation of lithium rich clay deposits. Clayton Valley has several known occurrences of lithium bearing clays and tuffs as documented by academic publications and recent drill results released by Cypress Minerals and others. Clayton Valley is a down-dropped closed basin formed by the Miocene age Great Basin extension and is still active due to movement along the Walker Lane structural zone. As a result, the basin has preserved multiple layers of lithium bearing volcanic ash, resulting from multiple eruptive events over the past 6 million years including eruptions from the 700,000-year-old Long Valley Caldera system and related events. These ash layers are thought to contribute to the lithium brines extracted by Albemarle and are also likely involved in the formation of the exposed lithium rich clay deposits on the east side of Clayton Valley. 공지 • Mar 05
Nickel Rock Resources Inc. Files NI 43-101 Report for the Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp Nickel Rock Resources Inc. announced that the Technical Report for The Nickel Project. The Mount Sidney Williams Group consists of five claim blocks in four groups with a total area of 6,125.32 hectares in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX Nickel Corp., located 100 kilometers northwest of Fort St. James, B.C., in the Omineca mining division. Metallic mineralization includes nickel, cobalt and chromium. At least some of the nickel mineralization occurs as awaruite. The Mitchell Range Group area claim consist of two contiguous claim blocks covering 3,134.70 hectares with demonstrated metallic mineralization including nickel, cobalt and chromium. Nickel-cobalt mineralization has not been well explored, but the presence of awaruite has been documented. Based on the findings of this NI #43-101 Technical Report, the company is planning a detailed exploration for the upcoming exploration season. The Nickel Project ("project") consists of four non-contiguous mineral claims groups held by Nickel Rock Resources Inc. ("company') through three separate agreements. The exploration stage project is in the Takla Lake area of central British Columbia, partially adjacent to FPX Nickel Corp.'s Decar Nickel Project. The Decar Nickel Project is an advanced project targeting awaruite, a nickel-iron alloy mineral, hosted by serpentinized ultramafic intrusive rocks of the Trembleur Ultramafic Unit within the Permian to Triassic age Cache Creek Complex. The principal target on the project is nickel occurring as awaruite, but at the exploration stage all other styles of mineralization should be considered. Systematic, ground-based exploration work began within the area of the claims now covered by the Nickel Project under the direction of Ms. Ursula Mowat, P.Geo. in 1987, continuing intermittently until 2012. This work established the presence of elevated nickel, cobalt and chromium values in rocks, soils, and stream sediments. The area of the claim groups of the project were included in Geoscience BC's QUEST and QUEST-West projects, including multiparameter regional geophysical surveys, and regional stream sediment reanalyzes and data compilations between 2008 and 2009. R. Britten's technical paper "Regional Metallogeny and Genesis of a New Deposit Type – Disseminated Awaruite (Ni3Fe) Mineralization Hosted in the Cache Creek Terrane published in 2017 in Economic Geology should be utilized as an interim mineral deposit model or profile for the Nickel Project. The Nickel Project is worthy of phased, systematic exploration programs designed and implemented to delineate areas with known or high probability metallic nickel mineralization, and to discover new areas of similar mineralization. In addition to its world class nickel exploration assets in Canada, the Company has a very promising lithium clay exploration asset in the state of Nevada USA. Clayton Valley is a down-dropped closed basin formed by the Miocene age Great Basin extension and is still active due to movement along the Walker Lane structural zone. As a result, the basin has preserved multiple layers of lithium bearing volcanic ash, resulting from eruptions from the 700,000-year-old Long Valley Caldera system and related events. These ash layers are thought to be the source of the lithium brines extracted by Albemarle and are also likely involved in the formation of the exposed lithium rich clay deposits on the east side of Clayton Valley. The Company is exploring for lithium clays and brines within its project area of 118 claims covering over 930 hectares (2,300 acres). The property stretches in a northwest direction from the evaporation ponds of Albemarle Corporation. It has been widely reported that Albemarle is planning to double its lithium production by 2025 by committing between $30 million and $50 million in additional investment on the property. In 2021, Albemarle plans to commence exploration of clay and evaluate technology that could accelerate the viability of lithium production from clay resources in the region. 공지 • Mar 03
Nickel Rock to Drill for Lithium Clays at Clayton Valley, Nevada by Mid-March Nickel Rock Resources Inc. announce that a drill contract, contemplating approximately 3,000 feet of reverse circulation (RC) drilling, has been signed with Alford Drilling, LLC. of Spring Creek, Nevada. The project calls for a drilling program that will result in up to six exploration holes at the Company's recently expanded claim block at Silver Peak, Clayton Valley, Esmeralda County, Nevada. The Nickel Rock land package directly adjoins a western portion of neighbouring lithium producer Albemarle's lithium evaporation ponds and covers approximately 2,300 acres (930 Ha) of potential lithium bearing clay and brine deposits within lake sediments and ash beds reported in rough drillers logs of historic water quality monitoring wells on file with the Nevada State Engineers office (permit #66034A). Albemarle recently announced on January 7, 2021 that it will commence exploration for clay and evaluate technology that could accelerate the viability of lithium production from clay resources in the region. It has been widely reported that Albemarle is planning to double its lithium production by 2025 in Nevada at the Silver Peak mine by committing between USD 30 million and USD 50 million in additional investment on the property. 공지 • Feb 11
Nickel Rock Resources Files Notice of Work Application for the Hard Nickel Project Next to the Decar Nickel Project of FPX Nickel Corp Nickel Rock Resources Inc. announced that consultant has filed a Notice of Work application for a multi-year area-based work permit for Nickel Rock Resource's Nickel Project. The company's prospective land position adjoins to the west of the Decar Nickel Project owned by FPX Nickel Corp. The company now controls a 100% interest in over 13,704 hectares in the district. nickelrockresources.com/hardnickelgroup. The proposed work program consists of trenching, surface exploration diamond drilling, camp construction, and other exploration activities such as soil sampling, rock sampling, prospecting, and geological mapping. The company proposes a 12-man, helicopter-supported camp to be built in a cirque on the north slope of the un-named mountain immediately west of Mount Sydney Williams next to a sub-alpine lake at the headwaters of Van Decar Creek. The camp location was selected based on past exploration camps at this same location and will be used to accommodate field personnel. The subject claims are partially underlain by rocks like those hosting the Decar project of FPX Nickel where mineralization includes nickel, cobalt, and chromium. Previous exploration suggests that at least some of the nickel mineralization occurs as awaruite which is a naturally occurring nickel-iron alloy important in the manufacture of environmentally efficient batteries for the electric vehicle markets globally. The mineral awaruite is both highly magnetic and very dense and is therefore amenable to concentration by mechanical processes including magnetic and gravity separation. This style of deposit is unique and presents considerable metallurgical and processing cost saving advantages. The company is exploring for lithium clays and brines within its project area of 118 claims covering over 930 hectares (2,300 acres). The property stretches in a northwest direction from the evaporation ponds of Albemarle Corporation. It has been widely reported that Albemarle is planning to double its lithium production by 2025 by committing between US$30 million and US$50 million in additional investment on the property. In 2021, Albemarle plans to commence exploration of clay and evaluate technology that could accelerate the viability of lithium production from clay resources in the region. 공지 • Jan 22
Nickel Rock Resources Inc. Announces Update on Drilling Campaign on its 100% Owned Clayton Valley Project Nickel Rock Resources Inc. report that prior to implementing a reconnaissance drilling campaign on its 100% owned Clayton Valley Project adjoining a western portion of neighbouring lithium producer Albemarle's evaporation ponds a staking program is now in progress. This new staking program is expanding company's current land position and targeting known sedimentary horizons with potential for lithium bearing clay horizons. Momentum for this new program stems from Albemarle's recent announcement that it will commence exploration of clay and evaluate technology that could accelerate the viability of lithium production from clay resources in the region. Recent Insider Transactions • Jan 20
Corporate Secretary recently sold CA$263k worth of stock On the 15th of January, Tina Whyte sold around 320k shares on-market at roughly CA$0.82 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$292k more than they bought in the last 12 months. Is New 90 Day High Low • Jan 12
New 90-day high: CA$0.68 The company is up 467% from its price of CA$0.12 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period. Recent Insider Transactions • Jan 07
Corporate Secretary recently sold CA$85k worth of stock On the 4th of January, Tina Whyte sold around 320k shares on-market at roughly CA$0.27 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Is New 90 Day High Low • Dec 17
New 90-day high: CA$0.23 The company is up 229% from its price of CA$0.07 on 17 September 2020. The Canadian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 13% over the same period. 공지 • Dec 15
Nickel Rock Resources Inc. announced that it expects to receive CAD 0.52 million in funding Nickel Rock Resources Inc. (TSXV:NICL) announced a non-brokered private placement of 4,000,000 flow through units at a price of CAD 0.13 per flow through unit for gross proceeds of up to CAD 520,000 on December 14, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 0.15 per share for a period of two years from date of closing. The company will pay finders fee's in the transaction. All securities issued are subject to a hold period of four month and a day. The transaction is subjected to the TSX Venture Exchange approval. 공지 • Nov 06
Nevada Energy Metals Inc. Announces Resignation of James Hellwarth as A Director Nevada Energy Metals Inc. announced the resignation of James Hellwarth as a Director of the Company effective immediately. Mr. Hellwarth will continue to serve as a strategic advisor to the Company. 공지 • Oct 01
Nevada Energy Metals Inc. announced that it has received CAD 1 million in funding Nevada Energy Metals Inc. (TSXV:BFF) closed a non-brokered private placement of 20,000,000 units at a price of CAD 0.05 per unit for gross proceeds of CAD 1,000,000 on September 29, 2020. Each unit consists of one common share and one common share purchase warrant. Each warrant can be exercised to acquire one common share at a price of CAD 0.06 per share for a period of five years expiring September 28, 2025. The transaction included participation from from 16 placees and insider group including Tina Whyte for 500,000 units and James Hellwarth, director of the company for 1,000,000 units. The company has paid a finder fee to Ron Loewen for 800,000 shares and Elaine Miller for 1,050,000 shares and 925,000 finder's warrants in the transaction. The TSX Venture Exchange has accepted for filing documentation. All securities issued are subject to a hold period of four month and a day, expiring January 30, 2020. 
