Multiple insiders buying at Grounded Lithium (GRD)

Multiple insiders buying at Grounded Lithium (V:GRD)

Mark Grant McMurray, a Director, acquired 454,545 Common Shares on a direct ownership basis at a price of $0.110 through a prospectus or prospectus exempt offering on September 22nd, 2023. The insider also acquired 227,272 Warrants with an exercise price of $0.180 for two years, subject to an accelerated exercise provision if the closing price of the Common Shares on the TSX Venture Exchange is at or greater than $0.27 for a period of 20 consecutive trading days. This represents a $50,000 investment into the company's shares and an account share holdings change of greater than 100%.

Four other insiders also participated.

Grounded Lithium is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Grounded Lithium Corp is a Canada-based lithium brine exploration and development company. The Company is focused on supplying lithium to the developing electricity-powered economy. The Company controls approximately 3.7 million metric tons of lithium carbonate equivalent of inferred resource over its focused land holdings in Southwest Saskatchewan. The Company's core area offers ample logistics solutions to transport feedstock to virtually any location in North America. The Company also owns approximately 33 sections (8,498 hectares) of undeveloped land in the Kindersley area.