TSXV:GRD - Post Discussion
Post by
Betteryear2 on Jan 16, 2024 11:21am
Grounded Lithium Executes Strategic Investment with Denison
Provides Funds to Materially Advance the Kindersley Lithium Project
Conference call and webcast to be held at 10:00am (MST) on January 17, 2024 to describe the transaction
CALGARY, AB, Jan. 16, 2024 /CNW/ - (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce we entered into a definitive agreement dated January 15, 2024 with Denison Mines Corp (TSX: DML NYSE American: DNN) ("Denison") whereby Denison has the option to earn up to a 75% working interest in the Kindersley Lithium Project ("KLP") by funding in aggregate up to $15,150,000 comprised of both cash payments to GLC of up to $3,150,000 and funding project expenditures of up to $12,000,000 through a structured earn-in option. (the "Agreement").
Grounded Lithium Executes Strategic Investment with Denison Mines (newswire.ca)
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