Grounded Lithium Files Preliminary Economic Assessment Report for the Kindersley Lithium Project – Phase 1

CALGARY, AB, Aug. 10, 2023 /PRNewswire/ – (TSXV: GRD) (OTCQB: GRDAF) – Grounded Lithium Corp. (“GLC” or the “Company”) is pleased to announce the filing of our preliminary economic assessment titled “NI 43-101 Technical Report: Preliminary Economic Assessment Kindersley Lithium Project – Phase 1 ” dated August 9, 2023 and effective as of June 30, 2023 (the “PEA“), further to our news release dated July 26, 2023. The PEA addresses only the first phase of 11,000 tonnes per year of battery-grade lithium hydroxide monohydrate (“LHM“) production from the Kindersley Lithium Project (“KLP“). The PEA is available on www.sedarplus.com and on the Company’s website at www.groundedlithium.com.  A new corporate presentation detailing the PEA results is also available on our website.

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