Grid Battery Metals Inc. (TSXV:CELL) entered into a Purchase and Sale Agreement to acquire Texas Springs Property in Nevada from Springfield Land Limited Liability for $0.39 million on June 23, 2023. Grid Battery Metals issued 8 million fully paid and non-assessable common shares and paid $55,000 for reimbursing the staking and recording costs of Springfield. All shares issued in connection with the Transaction and the finder?s fee will be subject to a four-month and a day hold period expiring on November 14, 2023.

The transaction is subject to TSX Venture Exchange approval. As on July 13, 2023, Agreement has been accepted by the TSX Venture Exchange.