Grid Metals Corp

Grid Metals Corp 200x300px

Primary ticker: TSXV:GRDM

Stage of development: Exploration, Development

Primary minerals: Lithium, Nickel Copper

Project to promote: Donner Lake Lithium

Project location: Canada


Focused on lithium in SE Manitoba, Canada.
The Donner Lake lithium project sits in proximity to the producing Tanco Mine and is aggressively being advanced to production.
Initial resource coming mid-2023 based on recent 80 drill hole program.
Company has pre-production MOU with Tanco Mine for toll-milling.

Cash: CAD$6M
Debt: NIL

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


Management Profile

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

Brandon Smith – CFA, Chief Development Officer
Brandon Smith is a former lithium analyst at Cormark Securities.

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?

Recent drill results and pending resource calculation as well as progress on permitting for bulk sample.

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

3 Months:
Initial lithium resource and updated Ni-Cu-PGM resource

6 Months:
Submission of Advanced Exploration Permit for lithium project

12 Months:
Advanced Exploration Permit for bulk sample for Lithium Project, drilling

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

Biggest negative is 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