Falcon West

  • Grid Metals Announces Strategic $4 Million Private Placement

    Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) plans a C$4.03M non-brokered private placement for exploration, especially at the Falcon West cesium project. The financing involves two tranches of common and flow-through shares. Funds will also support Bird River Belt targets and general corporate purposes. A strategic investor may gain governance rights, including a board nomination. Notably, Manitoba purchasers of flow-through shares are eligible for a 30% exploration tax credit. The offerings are subject to regulatory approvals.

    4 hours ago