Grid Battery Expands Land Holdings by Adding a Copper Project in Northern Central British Columbia

Grid Battery Metals Inc. has announced the acquisition of a new Copper Property in Northern British Columbia. The purchase, formalized in an agreement with AC/DC Battery Metals Inc. on August 26, 2024, includes 17 mineral claims covering over 27,525 hectares.

The terms of the deal involve a cash payment of $48,172.15 for staking costs and an issuance of 5 million shares valued at $0.05 each. This transaction is subject to TSX Venture Exchange approval and falls under the category of "related party" as defined by relevant regulations.

Located in a region known for promising mining activities, the new property enhances Grid Battery's exploration potential. The area has historically shown high copper-gold values, and nearby projects have intercepted substantial copper equivalent measurements. Current infrastructure and local partnerships support further exploration activities.

The technical assessment of the new property reveals sporadic historical exploration with some areas indicating highly anomalous gold results. Further exploration is recommended for more comprehensive understanding and potential development.

Grid Battery Metals continues to focus on high-value battery metals exploration, aligned with the growing electric vehicle market demand. The company also holds interests in other properties across North America, emphasizing lithium deposits.