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Hilo Mining Ltd ( (TSE:FIN) ) has provided an announcement.
Grit Metals Corp. has engaged Germany-based Plutus Invest and Consulting GmbH to provide marketing, advertising and investor relations services over a 12-month term, subject to regulatory approval. The mandate focuses on building advertisement-based investor awareness for Grit through Plutus’ network in European investment markets, with a media budget ranging from €100,000 to €250,000.
Plutus and its principals are at arm’s length to Grit, have no current interest in the company’s securities, and will not receive equity-based compensation under the agreement, which either party may terminate at any time. The initiative signals Grit’s intention to raise its profile and potentially improve liquidity in European markets as it advances its lithium-cesium-tantalum exploration projects near Keliber’s major lithium complex in Finland.
More about Hilo Mining Ltd
Grit Metals Corp. is a junior mineral exploration company focused on lithium-cesium-tantalum pegmatite projects in central Finland. Its exploration licences sit within one kilometre of Keliber’s new mine and production complex, a major hard-rock lithium investment that includes open-pit and underground mining, a central concentrator and a lithium hydroxide plant at the port of Kokkola.
This strategic location places Grit Metals within an emerging European lithium supply chain backed by significant capital commitments. The proximity to Keliber’s integrated operations underscores the company’s focus on supplying the growing battery and electric vehicle markets across Europe.
Average Trading Volume: 67,074
Technical Sentiment Signal: Buy
Current Market Cap: C$8.28M
Learn more about FIN stock on TipRanks’ Stock Analysis page.