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Grid Metals ( (TSE:GRDM) ) has provided an update.
Grid Metals Corp. has entered into a cesium supply agreement with Tantalum Mining Corporation of Canada Limited, facilitating the exploration and potential development of cesium at its Donner Property. This agreement not only provides immediate and subsequent funding for drilling and project development but also ensures access to the only cesium processing plant in the western world, potentially generating near-term cash flow and leveraging other cesium occurrences in Grid’s portfolio.
More about Grid Metals
Grid Metals Corp. operates in the mining industry, focusing on the exploration and potential development of rare critical metals, particularly cesium. The company aims to capitalize on its strategic assets and partnerships to enhance its market position.
YTD Price Performance: 8.00%
Average Trading Volume: 64,006
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.04M
See more data about GRDM stock on TipRanks’ Stock Analysis page.
