Mr. Robin Dunbar reports
GRID METALS CORP. ANNOUNCES TSX-V APPROVAL OF MAKWA OPTION AND JOINT VENTURE AGREEMENT - RECEIPT OF CASH AND PARTICIPATION AT VANCOUVER RESOURCE INVESTMENT CONFERENCE
Grid Metals Corp. has received TSX Venture Exchange approval of its definitive option and joint venture agreement with Teck Resources Ltd. Grid has also received the $400,000 minimum cash payment that was due from Teck by Jan. 31, 2025, as required under the agreement (see the press release from Dec. 12, 2024, for more information).
In addition, Grid would like to cordially invite you to visit the company at booth No. 622 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Pl., Vancouver) on Sunday, Jan. 19, 2025, and Monday, Jan. 20, 2025.
The Vancouver Resource Investment Conference 2025 will feature over 120 expert speakers, including globally respected economists, legendary money managers and investors.
Grid Metals looks forward to seeing you there.
About Grid Metals Corp.
Grid Metals is focused on exploration and development in southeastern Manitoba with three key projects in the Bird River area.
The Makwa property (nickel/copper/platinum group metals/cobalt) is subject to an option and joint venture agreement with Teck Resources. Teck can earn up to a 70-per-cent interest in Makwa by incurring a total of $17.3-million, comprising project expenditures ($15.7-million) and cash payments or equity participation ($1.6-million) with Grid. Makwa is located on the southern arm of the Bird River greenstone belt.
The Mayville property (copper/nickel) is located on the northern arm of the Bird River greenstone belt. Grid owns 100 per cent of the Mayville property subject to a minority interest. The company is currently drilling at Mayville.
The Donner lithium Project is adjacent to the Mayville property, and Grid owns 75 per cent of the project.
All of the company's southeastern Manitoba projects are located on the ancestral lands of the Sagkeeng First Nation, with which the company maintains an exploration agreement.
We seek Safe Harbor.
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