CALGARY, AB, March 1, 2023 /CNW/ - (TSXV: GRD) (OTCQB: GRDAF) - Grounded Lithium Corp. ("GLC" or the "Company") is pleased to announce the entering into a purchase and sale agreement with Hub City Lithium Corp., owned 75% by EMP Metals Corp. ("EMP")(CSE: EMPS) (OTCQB: EMPPF) with the remaining 25% owned by ROK Resources Inc. ("ROK") (TSXV: ROK), to acquire an additional 33 sections (8,498 hectares) of highly prospective lands in our core Kindersley area (the "Assets"). The acquisition will bring GLC's total corporate landholdings, both Crown and freehold, to 333 sections (86,229 hectares), with approximately 300 sections (77,477 hectares) alone in the Kindersley Lithium Project ("KLP"). GLC expects to close the acquisition on or around March 15, 2023 (the "Closing"), subject to the satisfaction of certain conditions precedent.
Read more at newswire.caGrounded Lithium Announces Strategic Land Acquisition in Core Area
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