Grid Metals Corp


Primary ticker: TSXV:GRDM
Stage of development: Exploration, Development
Primary minerals: Nickel, Lithium
Project to promote: Makwa Mayville Nickel Copper PGM Cobalt
Project location: Canada

Corporate presentation: Click here

Company has diversified portfolio of properties in Ni-Cu-PGM and lithium.

Makwa Mayville Ni-Cu-PGM is PEA stage 40Mt open pit resource – looking to advance to production.

Donner Lake lithium project is essentially unexplored pegmatite field with historical resource in southern Manitoba near Tanco Mine.

Company recently acquired exploration licences in N. Manitoba for Nova Bollinger and Raglan type nickel targets.

Cash: CAD$11M
Debt: NIL

Major shareholders:
Lithium Royalty Corp – 15 %
AMCI – 8%
Independence Group – 3%
Mackenzie Fund – 3%
Primero Engineering – 6%
Robin Dunbar – 2 %
Management Ownership – 3%

Management Profile

Robin Dunbar MBA – President and CEO
25 years in exploration business. Former director of Western Areas Ltd (ASX:WSA) and currently on board of McEwen Mining (NYSE:MUX).

What is your rationale for taking part in 121 Mining Investment?

Looking for strategic investors for the company and to broaden overall market awareness

What recent news would you like to highlight to investors attending?

Strategic Financing Completed

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Produce updated positive PEA on Manitoba Ni-CU-PGM (Mayville Project)

6 Months:
Maiden resource at Donner Lake Lithium project
New discoveries at both nickel and lithium project in Manitoba

12 Months:
Obtain Advanced Exploration Permit for mine development at both Makwa Mayville and Donner Lake

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Biggest negative are market conditions.

What do you think makes your company such a compelling investment?

Projects have very strong technical merit and Dave Peck our VP Exploration has global experience in senior roles with Anglo American and North American Palladium.
We are well positioned in North America to advance our Critical Metals Projects

What are the top 3 key investor takeaways?

High potential projects with low carrying costs
Strong technical team at Grid
Low market cap vs peers