logo
logo

Grid Metals Corp Closes $4.92 Million First Tranche Of $8.52 Million Strategic Financing

Sep 19, 2022•almost 3 years ago

Amount Raised

$8.52 Million

TorontoOther

Description

TORONTO, ON / September 19, 2022 / GRID METALS CORP. (TSXV:GRDM)(OTCQB:MSMGF) ( "Grid " or the "Company") today announced it has closed a $4,920,000 first tranche (the "First Tranche") of its previously announced non-brokered private placement of 56 million shares for gross proceeds of $8,520,000 ( the "Offering"). Churchill Strategic Investments Pty Ltd is acting as Lead Manager of the Offering.

Company Information

Company

Grid Metals Corp

Location

Toronto, Ontario, Canada

About

Focused on exploration and development of high demand metals used in the growing electric vehicle battery sector. Grid Metals is a prefeasibility stage nickel, copper, PGE, cobalt project in southeastern Manitoba.

Related People