21:40:17 EDT Sat 13 Jul 2024
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or Name

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Grid Metals Corp
Symbol GRDM
Shares Issued 203,926,164
Close 2024-06-06 C$ 0.065
Market Cap C$ 13,255,201
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Grid Metals appoints Karayannopoulos as a director

2024-06-06 10:40 ET - News Release

Mr. Robin Dunbar reports


Grid Metals Corp. has appointed Constantine Karayannopoulos to the board of directors of the company. Mr. Karayannopoulos brings a distinguished resume and record of success to the board of Grid Metals. He is replacing Edward Munden, who is stepping down off the board.

Mr. Karayannopoulos is a professional engineer who has held numerous senior executive positions, including as president, chief executive officer and director of Neo Material Technologies, prior to its acquisition in 2012 for $1.3-billion. He was also one of the founders, as well as non-executive chairman of the board, of Neo Lithium Corp., from February, 2016, to January, 2022, when the company was acquired for $960-million. He is currently a strategic adviser to several public companies in the rare earth and critical minerals industry. He is a member of the advisory board of Lithium Royalty Corp., and the University of Toronto's Department of Chemical Engineering and is a member of the Canada China Business Council. He holds bachelor and master of applied science degrees in chemical engineering from the University of Toronto. He is a nominee director of Waratah Capital Advisors.

Robin Dunbar, president and chief executive officer, commented: "We would like to welcome Constantine to the board as we move forward with our critical mineral projects in southeastern Manitoba. We believe that Constantine will be a valuable addition to the board as we look to rapidly advance the Donner lithium project through permitting and to outline the potential of the MM copper/nickel project. We would also like to thank Ted Munden for his many contributions to the company over the years."

About Grid Metals Corp.

Grid Metals is focused on its lithium and copper/nickel projects in the Bird River area, approximately 150 kilometres northeast of Winnipeg, Man. The Donner Lake lithium project is a 75-per-cent-owned property subject to a joint venture agreement. The MM copper/nickel project is a resource-stage project that is undergoing exploration and development work in the Bird River greenstone belt.

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