Grid Battery Reports Annual General Meeting Results
NEWS RELEASE
Grid Battery Reports Annual General Meeting Results
Coquitlam, BC – July 9, 2025 - Grid Battery Metals Inc. (the “Company” or “Grid”) (TSXV: CELL,
OTCQB: EVKRF FRA: NMK2) announces that the 2025 Annual General Meeting was held today,
Wednesday, July 9, 2025 and is pleased to report that all resolutions proposed to the Shareholders
were approved with over 99.86% or more voting in favour in all categories. The resolutions
approved are as follows:
1. The following individuals were re-elected Directors of the Company: Tim Fernback, Robert
Setter, Ali Alizadeh and Solange Khan
2. SHIM & Associates LLP, Chartered Professional Accountants, were appointed as the
Company’s auditors.
3. Approval of the amendment to the Company’s 20% fixed Stock Option Plan.
The Board of Directors appointed the following officers of the Company for the ensuing year:
Tim Fernback: President & CEO
Robert Guanzon: Chief Financial Officer
Tina Whyte: Corporate Secretary
Tim Fernback, Ali Alizadeh and Solange Khan were appointed members of the Audit Committee for
the upcoming year.
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 the 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.).
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Grid Battery Metals Inc..
3028 Quadra Court
Coquitlam, BC, V3B 5X6
604- 428-5690
www.gridbatterymetals.com
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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
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 north-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).
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
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 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 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.
About the 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.
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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).