Grid Battery Met ALS Adopts Semi-Annual Financial Reporting
NEWS RELEASE
GRID BATTERY MET ALS ADOPTS SEMI-ANNUAL FINANCIAL REPORTING
Coquitlam, BC – April 20, 2026- Grid Battery Metals Inc. (the “Company” or “Grid”) (TSXV: CELL,
OTCQB: EVKRF FRA: NMK2) announces that it has elected to rely on Coordinated Blanket Order 51-
933 and move to semi-annual financial reporting (“SAR”).
Coordinated Blanket Order 51-93 allows eligible venture issuers listed on the TSX Venture Exchange
(the “TSXV”) to voluntarily move from a quarterly to a semi -annual financial reporting framework.
Grid’s fiscal year ends on June 30, 2026. Under the SAR pilot program, the Company will be exempt
from filing interim financial reports and related Management’s Discussion & Analysis (MD&A) for its
first and third quarters:
• Interim Period: The Company will not file an interim report for the first quarter (Q1) ending
September 30, 2026; and
• Interim Period: The Company will not file an interim report for the third quarter (Q3) ending
March 31, 2026; and
• Ongoing Reporting: Grid will continue to file audited annual financial statements (due within
120 days of June 30, 2026) and six -month interim financial reports (due within 60 days of
December 31, 2026).
The Company confirms it meets the pilot program's eligibility criteria, which include being a venture
issuer with annual revenues of less than $10 million and maintaining a clean 12 -month continuous
disclosure record.
This news release is being filed pursuant to Coordinated Blanket Order 51 – 933 Exemptions to
Permit Semi-Annual Reporting for Certain Venture Issuers.
About the BC Gold-Copper Property
The Company acquired a 100% interest in 17 mineral claims comprising 27,525 hectares
(approximately 275 km2) located in North Central British Columbia. The region is host to numerous
operating mines, good infrastructure including experienced exploration and supporting services.
Prominent among early discoveries in the Omineca region include the nearby Lustdust/Stardust
Copper – Gold deposit; the Kwanika Copper - Gold deposit and the Lorraine Copper deposit (all of
which are owned by (NorthWest Copper Corp. (TSXV: NWST)).
The Company’s claims are also located between Centerra Gold Inc.’s ( TSX: CG, NYSE: CGAU )
prominent Copper/Gold assets, the Kemess North project and the operating Mount Milligan mine,
which has produced over 1.8 million ounces of gold and 742 million pounds of copper (Technical
Report on the Mount Milligan Mine, November 7, 2022, Borntrager. B, et al.).
B.C. Minfile assessment report data indicates that most of the area covered by the Copper Property
was at one time or another covered by staking during surges of exploration in B.C. dating from the
`
Grid Battery Metals Inc..
3028 Quadra Court
Coquitlam, BC, V3B 5X6
604- 428-5690
www.gridbatterymetals.com
2
1940’s to present day. Largely the claims appear to have been minimally explored with little follow-
up. However, some work was recorded on several claims with results for stream sediment sampling
showing anomalous to highly anomalous results for gold in a few areas. These areas were
recommended for detailed follow-up, however due to a downturn no further work was recorded
The Omineca Group claim areas are within the northern Quesnel Trough underlain by Cache Creek
Terrane and lies close to the Pinchi Fault. The Quesnel Trough hosts numerous porphyry copper -
gold deposits. The Pinchi Fault can be traced for 600 km through n orth-central B.C and separates
Cache Creek rocks from the Jurassic Hogem Batholith and Triassic- Jurassic Takla rocks to the west.
Rocks have a north-northwest strike trend typical of the entire Intermontane Belt in which the Cache
Creek Terrane lies (Gabrielse and Yorath, 1992). A wide range of Jurassic to Tertiary intrusions cuts
the Cache Creek Assemblage and many of these are emplaced along the prominent NW -trending
structures and stratigraphic breaks. Numerous mercury occurrences are present along the length of
the Pinchi fault (Albino, 1987) and a few gold and base metal occurrences are present near the Pinchi
fault including the Lustdust, Lorraine, Indata and Axelgold properties. There are at least two alkalic
gold-copper Porphyry systems in the immediate Lustdust (now known as Stardust) area: J49 and
Axel Properties (Schiarrizza, 2000).
The QP has been unable to verify the information, and that the information is not necessarily
indicative to the mineralization on the property that is the subject of the disclosure.
Qualified Person
Jeremy Hanson, P.Geo., an independent qualified person as defined under National Instrument 43 -
101 has reviewed and approved the technical content in this news release.
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 Clayton Valley Lithium Project
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 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 sys tem 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.
3
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 s tatements 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 pr ograms, 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).