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Grid Battery Metals Announces Major Financial Milestone with Proceeds Over $5M

Grid Battery Metals Inc. (TSXV:CELL) has successfully completed the sale of its entire interest in Surge Battery Metals Inc. for net proceeds exceeding $5 million, significantly boosting the company’s financial position.

Company’s 2024 Strategic Outlook

Tim Fernback, President & CEO, states that the sale of non-core nickel assets generated substantial non-dilutive capital. This financial boon ensures a fully funded exploration season for 2024, with an ambitious plan to spin out the BC nickel assets into a new public entity.

Grid’s Project Highlights

The Texas Spring Property’s proximity to lithium deposits and the potential for high-grade lithium found in the Clayton Valley and Volt Canyon Lithium Property underline Grid’s drive to advance in the EV market. The BC Nickel Projects further complement the company’s asset portfolio.

For any further information, contact Grid Battery Metals at the provided phone number or email address.

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