Grounded Lithium to Present at the Battery & Precious Metals Virtual
Grounded Lithium to Present at the Battery & Precious Metals Virtual
Investor Conference January 31, 2024
CALGARY, AB
,
Jan. 29, 2024
/CNW/ - (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. ("
GLC
" or the "
Company
") today announced that
Greg
Phaneuf
, SVP Corporate Development & CFO, will present live at the Battery and Precious Metals Virtual Investor Conference, hosted by
VirtualInvestorConferences.com, on
January 31, 2024
. GLC invites individual and institutional investors, as well as advisors and analysts, to attend in person or
online at
www.VirtualInvestorConferences.com
.
DATE
:
January 31, 2024
TIME:
10:30am EST
LINK:
https://bit.ly/3O92vPo
The Company will also be available for virtual 1x1 meetings:
February 1
st
and
February 2
nd
.
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on
the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at
www.virtualinvestorconferences.com
.
Recent Company Highlights
Closed a strategic investment with Denison Mines Corp (
TSX: DML NYSE American: DNN
) that is structured to fully fund an upcoming field pilot and other
Kindersley Lithium Project ("
KLP
") expenditures; and
Published a preliminary economic analysis on the KLP which reports top decile parameters compared to its peer group on a relative scale.
About Grounded Lithium Corp.
GLC is a publicly traded lithium brine exploration and development company that controls approximately 1.0 million metric tonnes of Measured & Indicated lithium
carbonate equivalent mineral resource and approximately 3.2 million metric tonnes of Inferred lithium carbonate equivalent resource over our focused land holdings
in
Southwest Saskatchewan
as per the Company's updated PEA. The updated PEA, titled "
NI 43-101 Technical Report: Preliminary Economic Assessment
Kindersley Lithium Project – Phase 1 Update
" dated
November 7, 2023
and effective as of
June 30, 2023
, reports a Phase 1 NPV
8
after-tax of
US$1.0 billion
with an after-tax IRR of 48.5%. GLC's multi-faceted business model involves the consolidation, delineation, exploitation and ultimately development of our
opportunity base to fulfill our vision to build a best-in-class, environmentally responsible, Canadian lithium producer supporting the global energy transition shift.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on
https://www.otcmarkets.com/
.
About Virtual Investor Conferences
®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to
seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of
an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their
presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor
communications to a global network of retail and institutional investors.
Qualified Person
Scientific and technical information contained in this press release has been prepared under the supervision of
Doug Ashton
, P.Eng.,
Alexey Romanov
, P. Geo.,
Meghan Klein
, P. Eng.,
Dean Quirk
, P.Eng.,
Jeffrey Weiss
, P.Eng.,
Chad Hitchings
., P.L. Eng., and
Michael Munteanu
, P.Eng., each of whom is a qualified person
within the meaning of NI 43-101.
Forward-Looking Statements
This press release may contain forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws. The
opinions, forecasts, projections and statements about future events of results, are forward looking information, forward-looking statements or financial outlooks
(collectively, "
forward-looking statements
") under the meaning of applicable Canadian securities laws. These statements are made as of the date of this press
release and the fact that this press release remains available does not constitute a representation by GLC that the Company believes these forward-looking
statements continue to be true as of any subsequent date. Although GLC believes that the assumptions underlying, and expectations reflected in, these forward-
looking statements are reasonable, it can give no assurance that these assumptions and expectations will prove to be correct. Such statements include, but are
not limited to, statements pertaining to the advancement, timing and funding of the field pilot, decile rankings compared to its peer group and GLC's vision of
becoming a best-in-class, environmentally responsible, Canadian lithium producer supporting the global energy transition.
Among the important factors, risks, uncertainties and assumptions that could cause actual results to differ materially from those indicated by such forward-looking
statements are: GLC's expectation that our operations will be in
Western Canada
, unexpected problems can arise due to technical difficulties and operational
difficulties which impact the production, transport or sale of our products; geographic and weather conditions can impact the production; the risk that current
global economic and credit conditions may impact commodity prices and consumption more than GLC currently predicts; the failure to obtain financing on
reasonable terms; the risk that unexpected delays and difficulties in developing currently owned properties may occur; the failure of drilling to result in commercial
projects; unexpected delays due to the limited availability of drilling equipment and personnel; and the other risk factors detailed from time to time in GLC's
periodic reports. GLC's forward-looking statements are expressly qualified in their entirety by this cautionary statement.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
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 news release.
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SOURCE
Grounded Lithium Corp
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For further information:
Gregg Smith, President & CEO; Greg Phaneuf, SVP Corporate Development & CFO, Phone: 587.319.6220, Email:
[email protected]; Virtual Investor Conferences, John M. Viglotti, SVP Corporate Services, Investor Access, OTC Markets Group, (212) 220-2221,
CO: Grounded Lithium Corp
CNW 21:00e 29-JAN-24