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Grounded Lithium Announces Closing of Strategic Land Acquisition and Increased Resource Base to 4.2 Million Tonnes Lithium Carbonate Equivalent
CALGARY, AB, March 16, 2023 /CNW/ – (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. (“GLC” or the “Company”) announces the closing of the previously disclosed acquisition of an additional 33 sections (8,498 hectares) of acreage contiguous to the Company’s existing landholdings in the Kindersley Lithium Project (“KLP“) in Western Saskatchewan pursuant to a purchase and sale agreement with Hub City Lithium Corp. The newly acquired lands will be integral to our future development plans at the KLP, which now stands at approximately 300 sections (77,477 hectares). The acquisition brings GLC’s total corporate landholdings, both Crown and freehold, to 333 sections (86,229 hectares).
Dallas, Texas–(Newsfile Corp. – March 16, 2023) – Grounded Lithium Corp. (TSXV: GRD) (OTCQB: GRDAF): Stonegate Capital Partners initiates their coverage on Grounded Lithium Corp. The full report can be accessed by clicking on the following link: https://stonegateinc.com/reports/GRD_Initiation.pdf.
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