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Grounded Lithium Announces Remarkable Year-End 2023 Financial and Operational Achievements

Grounded Lithium Corp. (TSXV: GRD) (OTCQB: GRDAF) has unveiled its impressive financial and operating results for the year ending December 31, 2023. Highlighting a series of strategic milestones, including a significant land acquisition and advancements in lithium extraction technology, the company’s progress is set to redefine the lithium brine industry.

2023 Financial and Operational Highlights

GLC successfully acquired additional lithium resource lands, raising its inferred lithium carbonate equivalent resources by a remarkable amount. A partnership with Koch Technology Solutions marked a pivotal step forward, employing their Li-Pro(TM) technology to achieve unprecedented lithium extraction recovery rates. Furthermore, GLC’s financials reveal a minimized net comprehensive loss and positive cash flow movements, underlining the company’s robust fiscal management and operational efficiency.

Operational and Corporate Advancements

The company has made considerable operational strides, particularly with the Kindersley Lithium Project, attracting significant partnership and investment interest. These collaborations underscore GLC’s position as a leader in environmentally responsible lithium production. Looking forward, GLC’s strategic partnership with Denison Mines Corp exemplifies its ongoing commitment to project development and financial stability.

About Grounded Lithium Corp.
GLC epitomizes innovation in the lithium brine exploration and development sector, with extensive resources and promising project economics that bolster its vision of becoming an unparalleled Canadian lithium producer.

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