Grounded Lithium Buys Minority Oil and Gas Interest to Bolster Cash Flow for Lithium Projects

Grounded Lithium ( (TSE:GRD) ) has provided an announcement.

Grounded Lithium has entered into a definitive agreement to acquire a 30% minority interest in oil and gas mineral rights on four sections of land in south-central Saskatchewan for approximately $25,000, in a related-party transaction with Analogy Capital Advisors, which retains a 40% working interest, while a third party holds the remaining 30%. Grounded and the third party will immediately farm out their combined 60% interest to a new limited partnership, Saskatchewan Renewal Drilling Limited Partnership #1, which has raised $900,000 and will fund up to two shallow Mannville wells, with Grounded operating the drilling and production and earning a small share of net operating income before payout and a larger share thereafter. Framed as a non-core, low-risk oil and gas venture, the move is designed to diversify Grounded’s resource portfolio and generate supplemental cash flow to strengthen working capital and potentially help fund its future obligations under the Kindersley Lithium Project joint venture, while the company emphasizes that its primary focus on critical minerals remains unchanged.

The most recent analyst rating on (TSE:GRD) stock is a Hold with a C$0.10 price target. To see the full list of analyst forecasts on Grounded Lithium stock, see the TSE:GRD Stock Forecast page.

Spark’s Take on TSE:GRD Stock

According to Spark, TipRanks’ AI Analyst, TSE:GRD is a Neutral.

The score is held back primarily by weak fundamentals—minimal/declining revenue, persistent losses, and ongoing negative cash flow—despite a low-debt balance sheet. Technicals improve the outlook with a clear uptrend and positive momentum, while valuation remains constrained by negative earnings. Corporate progress on the Kindersley project adds some support but is still early-stage.

To see Spark’s full report on TSE:GRD stock, click here.

More about Grounded Lithium

Grounded Lithium Corp. is a Calgary-based resource company focused primarily on developing lithium assets, notably the Kindersley Lithium Project in Saskatchewan, targeting exposure to critical minerals. The company is leveraging its internal oil and gas technical expertise and regional presence to complement its core lithium business with selective energy-related investments that can support project financing and working capital needs.

Average Trading Volume: 215,060

Technical Sentiment Signal: Buy

Current Market Cap: C$7.23M

For detailed information about GRD stock, go to TipRanks’ Stock Analysis page.