End-of-day quote Toronto S.E. Other stock markets | 5-day change | 1st Jan Change | ||
0.035 CAD | -12.50% | | -22.22% | -56.25% |
May. 22 | Grounded Lithium Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Apr. 24 | Grounded Lithium Corp. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
March 16, 2023 at 06:00 am EDT
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Hub City Lithium Corp. (HCL) has closed the sale of 33 sections (8,498 hectares) of undeveloped land in the Kindersley area to Grounded Lithium Corp. (GLC).
As consideration for the sale, HCL received $175,000 in cash and 779,557 GLC common shares (Shares) based on the 10- day volume-weighted average trading price of the Shares on the TSXV Venture Exchange as of the closing date. The Shares are subject to a contractual escrow, to be released in equal 1/3 tranches on the 4, 8, and 12-month anniversaries from closing.
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© S&P Capital IQ - 2023
Latest news about Grounded Lithium Corp.
Grounded Lithium Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI | |
Grounded Lithium Corp. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI | |
Grounded Lithium Closes Earn-In Agreement With Denison Mines Over Kindersley Project | MT | |
Grounded Lithium on Strategic Investment with Denison Mines | MT | |
Grounded Lithium's Funds Flow Used in Operations for Q3 Falls, Narrows Net Comprehensive Loss | MT | |
Grounded Lithium Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 | CI | |
CI | ||
Grounded Lithium Closes Upsized Private Placement Raising $765,000 | MT | |
Grounded Lithium Corp. announced that it has received CAD 0.76532 million in funding | CI | |
Grounded Lithium to Raise $500,000 via Private Placement | MT | |
Grounded Lithium Corp. announced that it expects to receive CAD 0.5 million in funding | CI | |
Grounded Lithium's Second-Quarter Loss Widens Despite Lower Spending on its Kindersley Lithium Project | MT | |
Grounded Lithium Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023 | CI | |
Grounded Lithium Corp. Files Preliminary Economic Assessment Report for the Kindersley Lithium Project - Phase 1 | CI | |
Grounded Lithium Releases Preliminary Economic Assessment for the Kindersley Lithium Project | MT | |
Grounded Lithium Announces Robust Investment Metrics in Preliminary Economic Assessment for the Kindersley Lithium Project | CI | |
Grounded Lithium Corp. Reports Earnings Results for the First Quarter Ended March 31, 2023 | CI | |
Grounded Lithium Provides Update on Direct Lithium Extraction Selection Process, Lithium Concentration Testing | MT | |
Grounded Lithium Reports Q4 2022 Results | MT | |
Grounded Lithium Corp. Reports Earnings Results for the Full Year Ended December 31, 2022 | CI | |
Grounded Lithium Corp. Auditor Raises 'Going Concern' Doubt | CI | |
Grounded Lithium Selects 2nd Industry Expert for Brine Extraction Testing | MT | |
Grounded Lithium Closes Acquisition of 8,498 Hectares of Land from Hub City Lithium | MT | |
Hub City Lithium Corp. Closes an Asset Purchase and Sale Agreement with Grounded Lithium Corp | CI | |
Grounded Lithium Corp. completed the acquisition of additional 33 sections (8,498 hectares) of highly prospective lands in core Kindersley area from Hub City Lithium Corp. for CAD 0.38 million. | CI |
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Company Profile
Grounded Lithium Corp. is a Canada-based lithium brine exploration and development company. The Company is focused on supplying lithium to the developing electricity-powered economy. The Companyâs wholly owned and operated Kindersley Lithium Project (KLP) is located within the province of Saskatchewan in Canada. The Project encompasses approximately 77,478 hectares. The Company also owns approximately 33 sections (8,498 hectares) of undeveloped land in the Kindersley area. The Company controls approximately 1.0 million metric tons of measured and indicated lithium carbonate equivalent mineral resource and approximately 3.2 million metric tons of Inferred lithium carbonate equivalent resource over its focused land holdings in Southwest Saskatchewan.
Sector
Calendar
2024-08-25 - Q2 2024 Earnings Release (Projected)
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Analysts' Consensus
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
0.04CAD
Average target price
0.35CAD
Spread / Average Target
+775.00%
Consensus
1st Jan change | Capi. | |
---|---|---|
GROUNDED LITHIUM CORP. | -56.25% | 2.28M |
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SUMITOMO METAL MINING CO., LTD. | +13.50% | 8.23B |
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PT PETRINDO JAYA KREASI TBK | -39.85% | 5.61B |
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- Hub City Lithium Corp. Closes an Asset Purchase and Sale Agreement with Grounded Lithium Corp