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Grid Metals Corp : Grid Provides Manitoba Project Update: Releases High Grade Lithium Drill Intercepts from the Main Dyke Pegmatite; Announces Drilling Plans for Ni-Cu-Co-PGM, Lithium and PGE Projects
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Grid Metals Corp Provides Update on Exploration Activities at Bannockburn Nickel and East Bull Lake Palldium Properties
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Grid Metals Corp. Closes Initial Tranche of Private Placement
TORONTO, ON / ACCESSWIRE / June 1, 2021 / Grid Metals Corp. (the
Company ) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce that its has closed the initial tranche of its previously announced private placement for gross proceeds of C$ 2,952,440 (the
Offering ). A second tranche of the Offering is anticipated to close within approximately one week. Under the Offering, the Company sold the following securities:
7,533,818 units of the Company (the
Units ) at a price of C$0.22 per Unit;
5,180,000 flow-through units of the Company (the
FT Units ) to traditional flow-through purchasers at a price of C$0.25 per FT Unit.
Grid Metals Corp. Announces Private Placement
TORONTO, ON / ACCESSWIRE / May 12, 2021 /
Grid Metals Corp. (the
Company )
(TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$3,000,000 (the
Offering ) from the sale of a combination of the following:
non-flow-through units of the Company (the
Units ) to be sold at a price of C$0.22 per Unit; and
flow-through units of the Company (the
FT Units ) to be sold at a price of C$0.25 per FT Unit.
Each Unit will be comprised of one common share of the Company (each, a
Unit Share ) and one half of one common share purchase warrant (each whole warrant, a
Grid Metals Corp.: Grid Metals Commences Drilling at Bannockburn Nickel Project
TORONTO, ON / ACCESSWIRE / April 27, 2021 / Grid Metals Corp. (the
Company ) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce that it has commenced drilling at its 100% owned
Bannockburn Nickel Sulphide Property (the
Property ) located in the Matachewan area of northeastern Ontario, approximately 100 km south of Timmins.
The focus of the drill program will be bulk tonnage disseminated nickel sulfide mineralization hosted by a three-kilometre-long serpentinized ultramafic body. The style of mineralization targeted is similar to that hosted in the Crawford Deposit owned by Canada Nickel Company (TSXV:CNC).
In addition the Company will soon announce additional drill results from unreported holes at its East Bull Lake Palladium Project.
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