Grid Battery-Engages i2i Marketing Group, LLC for Marketing Program
NEWS RELEASE
Grid Battery-Engages i2i Marketing Group, LLC for Marketing Program
Coquitlam, BC – August 16, 2024 Grid Battery Metals Inc. (the “Company” or “Grid”) (TSXV:
CELL) (OTCQB: EVKRF)(FRA: NMK2) is pleased to announce that it has engaged i2i Marketing
Group, LLC (“i2i”) of Key West Florida, and has entered into a Marketing Agreement dated August 15,
2024, whereby i2i will provide a marketing and media distribution for an initial term of four months
commencing upon TSX Venture Exchange (“Exchange”) approval for a fee of US$600,000.
Upon Exchange approval, the Company will pay i2i an initial deposit of US$150,000 to write and
design the creative for an advertising campaign. The US$150,000 will offset the payments required
for the initial medial distribution budget.
i2i will create an advertising campaign and utilize their physical marketing program strategy with
the aim of increasing investor awareness through various online platforms and methods of
engagement, including the direct mailing of advertising materials to potentially interested parties.
Following the end of the initial term, the Company has the sole option to extend the media
distribution budget for an additional period of six months for an additional US$600,000. After the
secondary term this agreement may continue on a month-to-month basis as mutually agreed upon
by i2i and the Company.
The Company will not issue any securities to i2i as compensation for its marketing services. As of
the date hereof, to the Company’s knowledge, i2i (including its directors and officers) does not own
any securities of the Company and is arm’s length to the Company.
About Grid Battery Metals Inc. www.gridbatterymetals.com.
Grid Battery Metals Inc. is a Canadian based exploration company whose primary listing is on the
TSX Venture Exchange. The Company’s maintains a focus on exploration for high value battery
metals required for the electric vehicle (EV) market.
About Texas Springs Property
The Company owns a 100% interest in the Texas Spring Property which consists of mineral lode
claims located in Elko County, Nevada. The Property is in the Granite Range southeast of Jackpot,
Nevada, about 73 km north-northeast of Wells, Nevada. The target is a lithium clay deposit in
volcanic tuff and tuffaceous sediments of the Humbolt Formation. A Phase 1 exploration program
at the Texas Springs Property (Fall 2023) yielded average lithium grades of 2010 ppm, applying a
1,000 ppm cut-off, and up to 5,610 ppm Lithium.
The Texas Spring property adjoins the southern border of the Nevada North Lithium Project -
owned by Surge Battery Metals Inc. (“Surge”) (TSXV: NILI, OTC: NILIF) and comprised of 725
mineral claims. 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
Grid Battery Metals Inc..
3028 Quadra Court
Coquitlam, BC, V3B 5X6
604- 428-5690
www.gridbatterymetals.com
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program, applying a 1000 ppm cut-off, was 3254 ppm. (Press release March 29, 2023). More recent
results have shown higher grade lithium up to 8070 ppm on this property after initial drilling (Press
release September 12, 2023). Our exploration results are on-trend with these results.
About Clayton Valley Lithium Project
The Company owns a 100% interest in 113 lithium lode and placer claims covering over 640
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 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.
Volt Canyon Lithium Property
The Company owns a 100% interest in 80 placer claims covering approximately 635 hectares of
alluvial sediments and clays located 122 km northeast of Tonopah, Nevada.
On Behalf of the Board of Directors
“Tim Fernback”
Tim Fernback, President & CEO
Contact Information:
Email: [email protected]
Phone: 604- 428-5690
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release
may contain forward-looking statements which include, but are not limited to, comments that involve future
events and conditions, which are subject to various risks and uncertainties. Except for statements of historical
facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt
and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking
statements are not guarantees of future performance and actual results may vary materially from those
statements. General business conditions are factors that could cause actual results to vary materially from
forward-looking statements. It should be noted that results from any adjacent property(s) are not an indication
of what may be found on the Company’s property(s).