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Grounded Lithium Optimistic with Q1 2024 Results

Grounded Lithium Optimistic with Q1 2024 Results

Grounded Lithium (TSE:GRD) has released an update.

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Grounded Lithium Corp. has reported its Q1 2024 financial results, showcasing a significant reduction in net comprehensive loss and cash flow used in operating activities compared to Q1 2023. The company highlighted a key Earn-In Agreement with Denison Mines Corp., expected to fund a field pilot for the Kindersley Lithium Project (KLP) and potentially provide additional capital for further development. Grounded Lithium’s assets include a sizeable lithium resource in Saskatchewan, with plans to become a leading, environmentally responsible lithium producer.

For further insights into TSE:GRD stock, check out TipRanks’ Stock Analysis page.

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