KLP

Grounded Lithium to Present at the Battery & Precious Metals Virtual Investor Conference January 31, 2024

Retrieved on: 
Tuesday, January 30, 2024

The Company will also be available for virtual 1x1 meetings: February 1st and February 2nd.

Key Points: 
  • The Company will also be available for virtual 1x1 meetings: February 1st and February 2nd.
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

Flourishing Lithium-Ion Batteries Demand Propelling Continued Growth of Billion Dollar Lithium Mining Sector

Retrieved on: 
Tuesday, January 16, 2024

Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery powered machinery, and others.

Key Points: 
  • Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery powered machinery, and others.
  • With a significant increase in the production of electric vehicles, the demand for lithium has significantly increased in recent years.
  • The majority of the lithium produced is consumed for rechargeable batteries used in electric vehicles; according to estimates, batteries account for 46% of all lithium consumption worldwide.
  • Hence, the flourishing lithium-ion batteries demand propels the growth of the lithium mining sector.

Grounded Lithium Executes Strategic Investment with Denison Mines

Retrieved on: 
Tuesday, January 16, 2024

"Grounded remains steadfast in our vision to economically produce battery grade lithium with a focus on low-cost operations and this strategic investment from Denison is a major step in that regard," stated Gregg Smith, President & CEO.

Key Points: 
  • "Grounded remains steadfast in our vision to economically produce battery grade lithium with a focus on low-cost operations and this strategic investment from Denison is a major step in that regard," stated Gregg Smith, President & CEO.
  • Further, the strategic investment from Denison in both GLC and the KLP eliminates many perceived or distinct risks in our anticipated path to commercial production."
  • "The transaction with Denison is a great outcome for both parties," commented Greg Phaneuf, Senior Vice President Corporate Development & CFO.
  • Those interested can listen to Company officials describe the transaction with Denison by participating in the following conference call details:

ReNew Successfully Commissions Its First Interstate Transmission Scheme (ISTS) Project Following Investment From Norfund and KLP

Retrieved on: 
Thursday, November 16, 2023

ReNew (“ReNew”, RNW, RNWWW: NASDAQ), India’s leading decarbonization solutions company, has commissioned its first interstate transmission project, the “Koppal Transmission Scheme”.

Key Points: 
  • ReNew (“ReNew”, RNW, RNWWW: NASDAQ), India’s leading decarbonization solutions company, has commissioned its first interstate transmission project, the “Koppal Transmission Scheme”.
  • Following the commissioning of the 1,500 MW Koppal Transmission Scheme, the remaining transmission for 3,500 MW is expected to be completed by June 2024.
  • Following the announcement, an agreement was signed yesterday on the second joint investment in the transmission sector with Norfund, the Norwegian Government’s Investment Fund for developing countries, and KLP, Norway’s largest pension company, through their joint company KNI India AS.
  • The investment by Norfund and KLP in ReNew’s transmission projects is in line with ReNew’s farm-down strategy, enabling ReNew to add further capacity.

Grounded Lithium Reports Third Quarter 2023 Financial and Operating Results

Retrieved on: 
Wednesday, November 22, 2023

CALGARY, AB, Nov. 22, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three month period and nine month period ended September 30, 2023.

Key Points: 
  • CALGARY, AB, Nov. 22, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three month period and nine month period ended September 30, 2023.
  • Selected financial and operational information is set out below and should be read in conjunction with the Company's September 30, 2023 financial statements and the related management's discussion and analysis, which are available for review at www.sedarplus.ca or the Company's website at www.groundedlithium.com .
  • On July 26, 2023, the Company announced the economic results of our maiden preliminary economic assessment ("PEA").
  • These results represent arguably top decile results for a lithium from brine operation on a per tonne basis.

Grounded Lithium Upgrades 1.0 Million Tonnes of LCE to Measured & Indicated

Retrieved on: 
Tuesday, October 24, 2023

This upgrade further confirms the overall 4.2 million tonnes of LCE across the KLP.

Key Points: 
  • This upgrade further confirms the overall 4.2 million tonnes of LCE across the KLP.
  • This outcome supports our confidence in our original analysis and mapping, together with the quality of the resource.
  • The Measured portion of the resource is 516,000 tonnes LCE or 586,000 tonnes lithium hydroxide monohydrate ("LHM").
  • The Indicated portion of the resource is 463,000 tonnes LCE or 526,000 tonnes LHM.

Grounded Lithium Reports Second Quarter 2023 Financial and Operating Results

Retrieved on: 
Monday, August 28, 2023

CALGARY, AB, Aug. 28, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three month period and six month period ended June 30, 2023.

Key Points: 
  • CALGARY, AB, Aug. 28, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") announces our financial and operating results for the three month period and six month period ended June 30, 2023.
  • Selected financial and operational information is set out below and should be read in conjunction with the Company's June 30, 2023 financial statements and the related management's discussion and analysis, which are available for review at www.sedarplus.com or the Company's website at www.groundedlithium.com .
  • On May 25, 2023, the Company selected Koch Technology Solutions ("KTS"), a Koch Engineered Solutions Company, and it's proprietary Li-Pro™ technology as the direct lithium technology of choice for implementation in a future field pilot.
  • Three Months Ended June 30,
    Six Months Ended June 30,

Grounded Lithium Files Preliminary Economic Assessment Report for the Kindersley Lithium Project - Phase 1

Retrieved on: 
Thursday, August 10, 2023

CALGARY, AB, Aug. 10, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce the filing of our preliminary economic assessment titled "NI 43-101 Technical Report: Preliminary Economic Assessment Kindersley Lithium Project – Phase 1 " dated August 9, 2023 and effective as of June 30, 2023 (the "PEA"), further to our news release dated July 26, 2023.

Key Points: 
  • CALGARY, AB, Aug. 10, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce the filing of our preliminary economic assessment titled "NI 43-101 Technical Report: Preliminary Economic Assessment Kindersley Lithium Project – Phase 1 " dated August 9, 2023 and effective as of June 30, 2023 (the "PEA"), further to our news release dated July 26, 2023.
  • The PEA addresses only the first phase of 11,000 tonnes per year of battery-grade lithium hydroxide monohydrate ("LHM") production from the Kindersley Lithium Project ("KLP").
  • A new corporate presentation detailing the PEA results is also available on our website.
  • The PEA is based on the implementation of Koch Technologies Solutions' ("KTS") proprietary lithium extraction technology called Li-ProTM.

Grounded Lithium Announces Robust Investment Metrics in Preliminary Economic Assessment for the Kindersley Lithium Project

Retrieved on: 
Wednesday, July 26, 2023

CALGARY, AB, July 26, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce the results of our preliminary economic assessment ("PEA") on the first phase 11,000 tonnes per year of battery-grade lithium hydroxide monohydrate ("LHM") production from the Kindersley Lithium Project ("KLP").

Key Points: 
  • CALGARY, AB, July 26, 2023 /PRNewswire/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce the results of our preliminary economic assessment ("PEA") on the first phase 11,000 tonnes per year of battery-grade lithium hydroxide monohydrate ("LHM") production from the Kindersley Lithium Project ("KLP").
  • We anticipate development of additional phases at the KLP motivated largely by the compelling commercial merits of the economics of the PEA.
  • "Grounded is pleased to have achieved another significant milestone in less than three years from incorporation," commented Gregg Smith, President and CEO.
  • The Company will file the PEA on SEDAR ( www.sedarplus.com ) within 45 days of this press release.

KTX.Finance Raises $4 Million to Democratize Perpetuals Trading

Retrieved on: 
Tuesday, July 11, 2023

In the midst of the bear market, KTX.Finance, a decentralized perpetuals exchange on BNB Chain, announces a $4 million USD seed round financing led by Hashed.

Key Points: 
  • In the midst of the bear market, KTX.Finance, a decentralized perpetuals exchange on BNB Chain, announces a $4 million USD seed round financing led by Hashed.
  • View the full release here: https://www.businesswire.com/news/home/20230711536808/en/
    “Decentralised trading has grown increasingly popular since the collapse of their centralised counterparts.
  • This was accelerated by the advent of multi-asset shared pool liquidity, which deepens trading liquidity for on-chain leveraged positions and brings capital efficiency for liquidity providers.
  • KTX.Finance is seeing early results, achieving $40 million USD in trading volume from more than 600 traders.