Grounded Lithium Announces Robust Investment Metrics in Preliminary Economic Assessment for the Kindersley Lithium Project

CALGARY, AB, July 26, 2023 /PRNewswire/ – (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. (“GLC” or the “Company”) is pleased to announce the results of our preliminary economic assessment (“PEA“) on the first phase 11,000 tonnes per year of battery-grade lithium hydroxide monohydrate (“LHM“) production from the Kindersley Lithium Project (“KLP“). We anticipate development of additional phases at the KLP motivated largely by the compelling commercial merits of the economics of the PEA.

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