Grid Battery Metals CEO Tim Fernback Discusses the Booming Lithium and Nickel Markets in an Exclusive SmallCapVoice Interview
NEWS RELEASE
Grid Battery Metals CEO Tim Fernback Discusses the Booming Lithium
and Nickel Markets in an Exclusive SmallCapVoice Interview
Coquitlam, BC – July 26, 2023- Grid Battery Metals Inc. (“formerly Nickel Rock Resources Inc.”)
(the “Company” or “Grid Battery”) (TSXV: CELL, OTCQB: EVKRF FRA: NMK2) announces that
SmallCapVoice.com Inc, has completed an exclusive interview featuring Mr. Tim Fernback, Grid
Battery’s President & CEO, as he delves into the exciting prospects of nickel and lithium in the rapidly
expanding electric vehicle (EV) and battery sectors.
Grid Battery Metals, a pioneering company, is strategically positioned in the battery metals market,
with a strong focus on nickel and lithium. As the demand for EVs and battery technologies soars, both
lithium and nickel are projected to experience significant growth over the next decade.
In the insightful interview, Mr. Fernback shares how as the world transitions towards sustainable
energy solutions, the demand for electric vehicles and energy storage systems is escalating. Nickel
and lithium play crucial roles in advancing these technologies, and Grid Battery Metals is capitalizing
on this opportunity by concentrating its efforts on these two essential battery metals. He then goes
on to explain the connection between Grid Battery Metals and Surge Battery Metals (TSXV:NILI)(OTC
PINK:NILIF)(FRA:DJ5C). The key founders and members of the geological team of Surge Battery
Metals are also the founding management team of Grid Battery Metals.
Under Mr. Fernback's visionary leadership, Grid Battery Metals has established itself as a leading
player in the battery metals market. By honing in on nickel and lithium, the company is poised to
meet the burgeoning demand for these metals, which are essential for the future of the EV and battery
industries, through their various Nevada lithium projects; Texas Spring, Clayton Valley, and Volt
Canyon and their British Columbia nickel projects (Grid Nickel Group consisting of 2 nickel projects
located nearby FPX Nickel Corp.’s (TSXV: FPX) Baptiste Deposit). Grid Nickel is of extra interest, and
Mr. Fernback goes on to explain the abundance of awaruite, which is a naturally occurring nickel-
iron alloy important in the manufacturing of environmentally efficient batteries for the electric
vehicle markets globally.
Mr. Fernback continues to discuss company goals, including the recent shareholder update released
by the company. The update included key highlights including a nickel project in British Columbia
completing and the beginning of a lithium project at the Texas Spring and the Volt Canyon projects,
both located in Nevada. Among other stated goals, he concludes by stating the company hopes to be
ready for the 2024 drilling season.
The interview concludes discussing the companies balance sheets and sustainability in the current
economic state of both the US and Canada. “We’re really well funded,” Mr. Fernback states, “we just
completed two financings for the company and we have over $4.5 million in just cash related working
capital on our balance sheet.” He goes on to explain the additional capital on hand is from the sale of
various nickel properties to Surge Battery Metals earlier in the year and amounts to another $3
million plus in marketable securities to the balance sheet.
Grid Battery Metals Inc..
3028 Quadra Court
Coquitlam, BC, V3B 5X6
604- 428-5690
www.gridbatterymetals.com
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Don't miss this exclusive interview with Tim Fernback, where he shares his vision for the future of
nickel and lithium, and Grid Battery Metals' position as a key player in this dynamic industry.
To listen to the full interview, please click here: https://www.smallcapvoice.com/interview-grid-
battery-metals-evkrf/.
About Grid Battery Metals Inc.
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. www.gridbatterymetals.com.
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.
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 303 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 program,
applying a 1000 ppm cut-off, was 3254 ppm. (Press release March 29, 2023).
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.
About the British Columbia, Nickel Projects
The Mount Sidney Williams Group consists of three claim blocks with a total area of 10,569 hectares
in the area surrounding Mount Sidney Williams, both adjoining and near the Decar project of FPX
Nickel Corp., located 100 kilometres northwest of Fort St. James, B.C., in the Omineca mining division.
Metallic mineralization includes nickel, cobalt, and chromium. At least some of the nickel
mineralization occurs as awaruite. The Mitchell Range Group area claim consists of one claim block
covering 8,659 hectares with demonstrated metallic mineralization including nickel, cobalt, and
chromium. Nickel cobalt mineralization has not been well explored, but the presence of awaruite has
been documented.
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On Behalf of the Board of Directors
“Tim Fernback”
604-428-5690
Tim Fernback, President & CEO
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.