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The latest update is out from Grid Battery Metals ( (TSE:CELL) ).
Grid Battery Metals Inc. has completed the acquisition of 17 copper mineral claims in North Central British Columbia from AC/DC Battery Metals Inc. This strategic acquisition, involving a transaction valued at $48,172.15 and the issuance of 5,000,000 common shares, positions the company to further explore the copper-rich region, which is known for its promising mining projects and infrastructure. The transaction, classified as a ‘related party transaction,’ does not alter the company’s control structure and aligns with its strategic focus on battery metals exploration.
More about Grid Battery Metals
Grid Battery Metals Inc. is a Canadian exploration company primarily listed on the TSX Venture Exchange. The company focuses on exploring high-value battery metals essential for the electric vehicle market.
YTD Price Performance: -5.56%
Average Trading Volume: 140,050
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.62M
Learn more about CELL stock on TipRanks’ Stock Analysis page.