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

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

09/19/22, 11:31 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgtoronto
Money raised
$8.52 million
Industry
other
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 Info

Company
Grid Metals Corp
Location
toronto, ontario, canada
Additional Info
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.

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